FINANCIAL REWARDS
Many successful Loan Officers make the decision to open their own mortgage company and become a Mortgage Broker. The average profit for each loan originated ranges between 2–5% of the loan amount. As a Mortgage Broker, you keep 100% of the profit, whereas you typically only received 50% of the profit while working as a Loan Officer. If you choose to hire additional Loan Officers to originate loans, you will receive at least 50% of the profit from those loans as well.

DUTIES & RESPONSIBILITIES
The position of Mortgage Broker carries great responsibility. As a Mortgage Broker you must be very familiar with State and Federal Regulations. You must be able to handle the day-to-day operations of your business and be capable of managing both Loan Officers and Loan Processors, as well as other staff members. You must also develop a good Quality Control Program and be alert to any fraudulent activities initiated by your staff.

CAREER ADVANCEMENT
As a Mortgage Broker you can move forward in your career by obtaining approval to originate FHA and VA loans. Eventually your goal may be to become a Mortgage Lender, which offers more flexibility in selling loans directly to Fannie Mae and Freddie Mac in the secondary mortgage market. As a Mortgage Lender you may also become an FHA Direct Endorsement Lender and perform your own underwriting.

	'How to Set Up and Run a Successful Mortgage Company' class description (Offered in Classroom Only)
	This is a 2-day course designed to give you thorough and accurate advice that will help you design a step-by-step program for your business success.
	Georgia Regulations and Compliance
	This 4 hour class approved for meeting the licensing requirements in the state of Georgia.

PRIVATE BUSINESS CONSULTING

Private consulting is available to discuss your mortgage business needs. For more information on pricing and scheduling, please contact Randy Schlanger at 770-956-8252.