Sunday, February 11, 2007

My Mortgages Refinance Reviews

Knowing More About Mortgages Refinance

What is a Commercial Mortgage Broker?



A commercial mortgage broker simply arranges financing for commercial properties with a lender, on behalf of a client, for a fee to be paid at closing. Commercial properties are simply business properties or residential properties of five or more units. Some examples are: shopping centers, apartment buildings, hotels, resorts, golf courses, office buildings, industrial buildings and others.

Brokerage fees generally range from 1% - 3% of the total loan amount. So if, for example, you arrange financing for the acquisition of an apartment complex, where the amount borrowed is $5,000,000, your fee would be in the ballpark of $50,000 for a few weeks work. Best of all, the bulk of your work is generally on the front end, since once you find a lender to handle your client's request, they will take it from there.

If you want to learn how to make at least 6 or 7 figures each and every year in your own home business as a commercial mortgage broker, read on......

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Loan Officer 101

How to Get Started Selling Mortgages as a Loan Officer?

Looking to get started in the mortgage business? Many loan officers earn up to $100,000 per year simply by doing 4 loans per month. For less than the cost to fill up a Pinto with a tank of gas, I am going to teach you how to Make up to $100,000 Per Year Easily!

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