I am happy to be a legitimate mortgage broker, but must seek advice or a mentor?

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Right now I work for a mortgage broker as an assistant, but I’m impatient with my own ready to begin. I need a mentor who can at least advise me some useful when it comes to mortgage advice and mediation practice in California. Personally, I do not want to be rich Selbstständige.Es makes me sick when I see repeats loans charge more points, then they deserve. Is there someone here who can help me?
When I was 19, I had managed to get a job as assistant to a mortgage consultant erhalten.Wenn got the job (by conviction and even if I’m good) I felt over the world . At the age of 19 years, so I thought $ 32,000 / year and that was pretty good, I do. At first I felt a strong sense of respect for my boss. But now he treated me like crap, has recognized our processor incompetent that every time they screw up they blame me easily, and it does. Even if I prove my case … I’m not an “I’m sorry” after receiving very very insulting e-mails like: “I work sooo hard to build my reputation, and I will not be everything, including you, to ruin.” The thing Funny thing is, he wants me to work for him for at least 3 years. I mean, I’m out of the way for him and he knows it. I sometimes work on Saturdays (and I do not pay because I am employees) and many times came at the beginning of the end or leave it, even with its loan to him helfen.Aber what bothers me even more is that the former assistant has received $ 10,000 more, only because she had a university degree … But I know more than they do and do it well, but get less benefit when a high school diploma is not in this business deal. I feel bad, given the numerous personal attacks he throws at me: “Are you concentrate solely negligent or lazy or just do not please tell me what I can find, or at least the rule that you don ‘ are not hindered spiritually. ” Or “I can not wait for the day when you really what I want” — all these comments have been observed due to an error, the processor and often things beyond my control waren.Ich sense wrong, I do not I need this to work at home. I mean if weine.Ich does not want me Why did not he get rid of me … then he comes and gives me a bonus check … What about him going … I know he had Psycho.Ich before, at some point my own mortgage broker has become, and treat human right, as I understand this feeling terrible pain … but I need help …. Some advice … PLEASE I need this person work for a while last longer, until I get my license … “M ichich as anyone out there in the same boat in Burbank, CA

7 Comments
  1. Reply
    spiritwalker
    January 20, 2011 at 8:19 pm

    I would love to answer this, but I get violated by someone everytime I do.

  2. Reply
    Barbara R
    January 20, 2011 at 8:57 pm

    I also, worked for a mortgage broker. The excess money they make is the “name of the game”. The best thing you can do is look into regulating the mortgage business to stop these abuses. The government evidently has a “blind eye” to these practices. Consumers should realize they are being cheated, but continue to endure the abuse.

    I don’t know why anyone can’t start their own mortgage business by themselves if you have the access to the investors. I know people who have done exactly that, working out of their homes.

    Good Luck!

  3. Reply
    singingsoprano
    January 20, 2011 at 9:48 pm

    I would be happy to help you, I feel the same way. I believe that there are people charging far more than their “expertise” level should permit.

    I believe that it’s the responsiblity of a loan officer/broker to look out primarily for the needs of a client (fiduciary duty). As a broker, I can tell you it’s more expensive than you might think to start your own business, but there is help out there. Hope to hear from you.
    Katherine

  4. Reply
    MeInUSA
    January 20, 2011 at 10:40 pm

    Carry on working here while you look for another position in the same industry. There are MANY mortgage companies that would be interested in a qualified person. DON’T make the mistake of quitting UNTIL you have another position, and DON’T tell your prospective employer that you are looking for another job because of all the reasons you outline here…they will NOT believe you and think you are going to probably be a problem employee and look elsewhere. Just tell them that although you really enjoy what you do you are looking for an opportunity to grow and you feel you have reached a position where you can’t grow where you are.. good luck!

  5. Reply
    satarnag
    January 20, 2011 at 10:55 pm

    MelnUsa gave excellent advice. A simple search on http://www.craigslist.com can give you a lot of opportunities.

    Regards

  6. Reply
    Special Ed
    January 20, 2011 at 11:29 pm

    You have a boss who is mentally disturbed. If you have an HR department [unless its a small business] I’d report it. Otherwise, start looking for a job, land it and then move on. I’m sure you’ll find something better with you experience.

    In everybody’s life, we are placed in a certain place and time for a reason.

    Hang in there.

  7. Reply
    Barbara R
    January 21, 2011 at 12:25 am

    I worked the Mortgage business for 5 years. It’s cut-throat. Competition is high and the business itself is unregulated by any government agency (vs. a bank or credit union). You are making way too little of an income here, there are high commissions in this business that somebody else is getting, not you. You need to pick up those feet and look for another company. They are not only robbing the public, but are robbing you. Don’t ever take mentall abuse from any employer. You are a worthwhile human being and have a lot to offer another broker. The man is getting rich on you and at the same time has a punching bag (you). Get OUT of there!

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