During our lifetimes, increasingly so during adolescence and leading into young adulthood, we are likely to change our ideal career path around seven to twelve times.Â nnVisit:Â http://www.previously-on.com/impacting-reasons-to-become-a-mortgage-broker/
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During our lifetimes, increasingly so during adolescence and leading into young adulthood, we are likely
to change our ideal career path around seven to twelve times. The actual statistic around changing our
actual working career is lower, ranging from five to seven. Whether it is pondering what your “grown-up”
self will do for their livelihood or transforming your day to day activities, it is undeniable that you desire
to keep this to a minimum and make impacting decisions.
What do we want? More freedom. What do we want? More money. How do we do it? Becoming a
To give you a brief description of what this role entails, a mortgage broker works as a liaison between a
lender and a borrow during a real estate transaction.
Here Comes the Money
A mortgage broker receives a commission on each closed sale, usually around one to two percent of the
closing cost. This results in a very decent annual wage, which is entirely in the realm of your control
based on the amount of work you are willing to put in. The annual take-home pay for a mortgage broker
is between sixty to ninety thousand.
No Four-Year Wait
This is a very attainable and livable wage, as the only qualifying schooling needed is a high school
degree. This isn’t to say that any Joe Blow could walk into a bank, sit at a desk, and get to work – but
kind of. The process for obtaining this role is ordinarily a traditional interview involving questions and
scenario-based questions about the sales process or client-relationship building. A mortgage broker is a
customer-facing individual who must gain a significant amount of trust from clients quickly, therefore,
being trustworthy and charismatic are key.
Mortgage Brokers will be There Tomorrow
There are always going to be houses, and there are always going to be people needing them. As people
continue to have multiple children, the need for dwellings grows; this is terrific news for you. Far too
often, you turn on the news or browse the internet and can see businesses laying off their employees left
and right, all in the name of the economy and cutting costs. A mortgage broker is a necessary player in the
game of home-buying, and the bank that employs them is not out any added cost because you are paid for
your closes. Being a mortgage broker is a secure career, making it even more attractive than the purposes
Being Present for Life-changing Events
You’ve got money, you’ve got time, and you’ve got security. What more could you want out of being a
mortgage broker? Everyone wants to feel good about what they do. Few people wake up in the morning
wanting to decrease the amount of happiness in the world or worsen anyone’s quality of life. As a
mortgage broker, you get a front-row seat to seeing individuals and families make one of their milestone
dreams come true, and you go home knowing you had a hand in helping them achieve this next
development in life.
So, in consideration of your future goals or your next career move, remember these four reasons to choose
to be a mortgage broker over less secure or less fulfilling jobs.
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