I want to know the eastest way to start getting loans for people to buy homes and ect..?

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    GREG S
    July 9, 2011 at 3:02 pm

    The business of originating loans for people is controlled by each state, and most states have requirements that you have to be licensed or work through someone licensed to provide loans. Federal and state laws must both be obeyed. Most of the volume is handled by independent brokers working with wholesale rates rather than by retail outlets; you probably are looking for a broker. The easiest way to start would be to find a TRUSTWORTHY person to work with and determine whether or not you need to get your own license from your state or just be bonded and overseen by someone else. The business is somewhat intricate and it is very helpful to learn from the experience of others and to have someone else “process” the paperwork.

    My main advice is that it is very important WHO you work with. There has been a lot of fraud in the business and many jurisdictions are working hard to clean up the field.

    Mortgage broker 9 years.

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