05-21-2024, 11:13 AM
Professional Diploma of Mortgage and Lending Broker
How to build your business in finance, mortgage, lending brokering / broking / brokerage. How to become the broker.
New
Rating: 5.0 out of 5
(2 ratings)
1,544 students
1 hour on-demand video
12 articles
1 downloadable resource
Role of Mortgage and Lending Brokers
Intermediary: Brokers act as the bridge between individuals/businesses seeking loans and the financial institutions that provide them.
Consultants and Educators: Brokers guide clients through the complicated world of mortgages and loans, explaining different options and their suitability.
Advocates: Brokers work to secure the best possible interest rates and terms for their clients, often negotiating on their behalf.
Typical Functions
Assessing Client Needs: Brokers analyze a borrower's financial situation, goals, and credit history.
Finding Suitable Lenders: They tap into their network of lenders to match the borrower with institutions that fit their profile.
Comparing Options: Brokers present a range of loan products, explaining interest rates, terms, and fees of each.
Application Assistance: They help clients gather paperwork and complete the loan application process.
Underwriting Support: Brokers often act as liaisons between borrowers and lenders during the underwriting (approval) phase.
Why Launching a Business in Broking is a Great Idea
Strong Market Demand: The mortgage and lending market is complex and constantly evolving, leading to a high need for expert guidance.
Entrepreneurial Flexibility: Brokers enjoy the independence of running their own business, setting their hours, and building their clientele.
Income Potential: Earning is commission-based, creating a strong link between your effort and financial success.
Rewarding Work: Brokers play a crucial role in helping people achieve major goals like homeownership or business expansion.
https://www.udemy.com/course/professional-diploma-of-mortgage-and-lending-broker/?couponCode=D3692169590D39942DED
Enjoy!
How to build your business in finance, mortgage, lending brokering / broking / brokerage. How to become the broker.
New
Rating: 5.0 out of 5
(2 ratings)
1,544 students
1 hour on-demand video
12 articles
1 downloadable resource
Role of Mortgage and Lending Brokers
Intermediary: Brokers act as the bridge between individuals/businesses seeking loans and the financial institutions that provide them.
Consultants and Educators: Brokers guide clients through the complicated world of mortgages and loans, explaining different options and their suitability.
Advocates: Brokers work to secure the best possible interest rates and terms for their clients, often negotiating on their behalf.
Typical Functions
Assessing Client Needs: Brokers analyze a borrower's financial situation, goals, and credit history.
Finding Suitable Lenders: They tap into their network of lenders to match the borrower with institutions that fit their profile.
Comparing Options: Brokers present a range of loan products, explaining interest rates, terms, and fees of each.
Application Assistance: They help clients gather paperwork and complete the loan application process.
Underwriting Support: Brokers often act as liaisons between borrowers and lenders during the underwriting (approval) phase.
Why Launching a Business in Broking is a Great Idea
Strong Market Demand: The mortgage and lending market is complex and constantly evolving, leading to a high need for expert guidance.
Entrepreneurial Flexibility: Brokers enjoy the independence of running their own business, setting their hours, and building their clientele.
Income Potential: Earning is commission-based, creating a strong link between your effort and financial success.
Rewarding Work: Brokers play a crucial role in helping people achieve major goals like homeownership or business expansion.
https://www.udemy.com/course/professional-diploma-of-mortgage-and-lending-broker/?couponCode=D3692169590D39942DED
Enjoy!