Road Map To Becoming An Independent Mortgage Broker

[@Samuel-mk5ni]

Hi! I have a quick question if I hire in employees would I have to pay for a bond for each employee. And can I hire them in as commission only and remote?

[@reaabeer1040]

Which lender is best for someone like me who will be just starting up? Thanks

[@BeAMortgageBroker]

United Wholesale Mortgage provides excellent support for new brokers.

[@vicprince8768]

how many years of experience do you need to become a mortgage broker in Texas?

[@mrs.fredrick_]

There’s no requirement but I think it would be smart to learn the industry before making the leap.

[@BeAMortgageBroker]

@@mrs.fredrick_ great answer :) what she said!

[@journeysinfinance]

Do you guys charge for the consultations? What is the rate ?

[@BeAMortgageBroker]

Hi there! Consultations are free. You can contact one of our team members to have a discussion at [phone] or visit beamortgagebroker.com/contact and someone from our team will reach out to you!

[@mrs.fredrick_]

Would I need a surety bond if I’m setting up as a mortgage broker?

[@BeAMortgageBroker]

Hi there! Yes you would, but the amount varies on a state level.

[@j.a.mmotorsports172]

What's the best source of leads in this market as a broker? Is marketing tough against the big companies?

[@BeAMortgageBroker]

Great question. In any market, the best source of leads is word-of-mouth and referrals from real estate agents, business professionals, former clients, etc. There are some wholesale lenders, such as UWM, who provide market support to their broker partners.

[@veronicagarcia7119]

How much time do you have to work with an employer before opening your own company?

[@BeAMortgageBroker]

Hi Veronica! You don't necessarily have to work for an employer before starting your own business. Our team of experts is here to talk specifics if you're interested. You can contact them at [phone]. Thanks!

[@veronicagarcia7119]

@@BeAMortgageBroker I called you guys but nobody has gave me a response

[@bigpapiAz]

@@veronicagarcia7119 me too

[@sunnyliu5243]

Do I have to make surety bond? How much? In Califonia

[@BeAMortgageBroker]

Yes, surety bonds are required for businesses and individuals seeking licenses, registrations or other certifications across the state of California. The required amount is at least $25,000.