Questions about becoming a mortgage broker in Chicago/Chicago Suburbs (x-post from /r/mortgage)

What does the process of becoming a mortgage broker look like? I know there is pre-education and continued education. How long does the initial education, test taking and general licensing usually take and how much does it usually cost?

What does employment as a mortgage broker look like? I am interested more in working from home that at a brokerage. I know several realtors who would prefer to work with an individual they know personally rather than send their clients to brokers they don't know very well. Is it realistic to work from home under these conditions?

More real estate tips at Program Realty Wix site

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s