Question by Miss T: Help with originating a loan?
I am looking for another Mortgage Broker in Florida that can help me fill out my loan application for my borrower. Where can I find free information that will help me figure out the fees, tables, what needs to go into the application?
Best answer:
Answer by Intellect
First of all when you say you are looking for another broker, does that mean you are currently with one in particular where you hung your license at their office? If so, it is against the law to do business with another broker, unless you have a broker’s license yourself, (it doesn’t sound like you would) if you don’t know how to fill out the application, are you actually referring to the Good Faith Estimate? I think so. You need to contact the broker you work with now, if you don’t have one, actually if you are a beginner you need to let the broker do this for you, if you make a serious mistake you might get yourself involved in legal difficulties. I’d take a training course if I were you, or ask the broker if you can be there when he is doing an application. People in this field need to be equipped to do the job right. Did you go to RE classes? & trainning? I would if I were you and get your license if you haven’t.
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