I sell a product everyone needs, will always need it , and if they do not need it today they will in the future.
Residual Income with Commercial and Residential mortgages, is this possible?
The company I am affiliated with revolutionized the mortgage industry!
With a traditional mortgage broker you have:
1) Sink or swim type training...mostly none
2) Only licensed in one state or 2 or 3 for most mortgage shops
3) Owner has no incentive to teach you too much too fast, since you will pick up and leave for more money or set up your own shop if you are good
4) Only the broker can hire and receive overrides from his team of mortgage loan originators
5) If you bring a friend to work there, you will not receive any overrides on your friends production only the broker will and he will tell you thanks for bringing a good producer who is putting an extra $5k per month in hir or her pocket....not much incentive to introduce other people there
6) you cannot build a team like the broker only he or she can
7) have to wait 2 or more years to be able to be a mortgage broker
you can only originate in the few states that he or she is licensed in
With the company I am affiliated with:
1) You can originate loans around the country since since the company is licensed nationwide
2) There is an incentive for the person who hires you to train and support you, since they will receive commissions from your efforts, and if you leave he or she still gets paid even though you leave and set up a mortgage shop in another state
3) There is training available online and offline
4) You can build a local and nationwide team and receive overrides from around the country
5) You can start working right away and build a team right away without going thru the red tape and time period involved in a traditional setting
6) commission are sizeable from downline you are dealing with mortgages
7) It ties in with real estate investments and foreclosures for those who have an interest in this area
edwin de leon
www.mynlc.com ( ID........a45809)
917-687-8995
sources4you@yahoo.com