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An Insightful Examination Of Root Elements In Mortgage Consultant

www.dailystrength.org/people/3374133/journal/133... - Details

joeylbvj: Most.tates require the mortgage broker to be licensed. Therefore, it is considered a secondary market transaction and not subject to the same regulation. The minimum requirement to work in this field is licensure, which requires a high school...

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joeylbvj saved this page on 07/22/2015 04:45pm

Most.tates require the mortgage broker to be licensed. Therefore, it is considered a secondary market transaction and not subject to the same regulation. The minimum requirement to work in this field is licensure, which requires a high school diploma and 20 hours of approved coursework in federal regulations, ethics, and other business and financial subjects. This has created an ambiguous and difficult identification of the true cost to obtain a mortgage. A good mortgage broker will, in part, work as a consultant as well. The borrower will often get a letter notifying them their lender has sold or transferred the loan. Keep in mind that a standard home loan in Australia is contracted over a 30-year term, with the average loan life being approximately 4–5 years. Licensing requires 20 hours of coursework, all of which must be approved by the Nationwide Mortgage Licensing System and Registry. “We only offer mortgages from [number] lender s . As the economy and the mortgage industry change

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