Since you have the ability to influence a potential home buyer and direct many of the vendor relationships associated with a home purchase transaction, why not also originate and control the mortgage process? In this manner, you could ensure the timely execution of the transaction. Right? Or, is business down?
Thinking about originating mortgages as a supplement to your current income?
These are 2 very common thought processes that proceed a real estate professionals entrance into the mortgage origination business.
What are the drawbacks you ask? While a realtor is the master of the sale and purchase of real estate, that does not guarantee the mastery of the knowledge needed to execute quality lending practices.
Do you know what is involved in the different stages of a mortgage’s life cycle?
What do you need to know to get by? Are there services that can help you be successful?
If you are seriously considering entering the mortgage origination market, contact Titan for assistance and direction. We have the depth of knowledge to help you execute quality lending operations. |