In today’s real estate market, the once profitable opportunity of being a loan officer or mortgage broker originating loans and refinancing homeowners is no longer so profitable. The two most important things that has put the damper on the conventional business is the subprime mortgage meltdown and even the mortgage credit crunch. Many mortgage news sources do not let the truth out, the truth being that short sale mortgage business is doing really well. There are more defaulted mortgages in the marketplace right now than we have ever seen before. The transition from a residential mortgage broker business to a short sale mortgage business is very easy. The mortgage brokers and loan officers that use my short sale mortgage system are making 10 times more now per file than they used to make by only originating loans. Now there is a chance to make big money in the real estate short sales.
The mortgage loan officer must and should know about everything which is required to known about the short sales, about the foreclosing investing and even about the defaulted mortgages. The short sale mortgage business is the best mortgage business opportunity right now in the mortgage market. The traditional mortgage business is not nearly as lucrative as it used to be. The big money in the mortgage business is being made with defaulted mortgages. These days you’ll be able to start a Short Sale Business without any cash, without any credit and without any experience. One of the other advantages is that you don’t require any license, as with the conventional mortgage business. This allows you to get started immediately because you don’t have to prepare for a test or anything like that. You will now be able to make money and continue to learn along the process.
Short sales, defaulted mortgages or foreclosure investing are all not covered by the traditional mortgage loan officer training class. For years the conventional mortgage broker training or mortgage lending training classes didn’t need to cover foreclosures or pre-foreclosures. Now that the sub-prime mortgage meltdown has created this huge opportunity for us, a free online short sale course has been prepared to show you how to make a fortune with the foreclosures and short sales in present market.
Once you implement these strategies which you cannot get from any other mortgage loan officer training program, you’ll be the envy of all of your loan officer friends. What do you think they are going to say why you are bringing home $40,000 to $200,000 paydays on your deals and they are still faring around with the same old life-style because they have not taken the time to get short sale mortgage training. Those who fail to adapt to our new and even improved real estate market would fail to get the results you will see once you start using real estate short sales in your mortgage business.
You have to skip the traditional mortgage business and start the real estate foreclosures investing business instead, if you are thinking of beginning a mortgage business. The market is ripe with foreclosures and you ought to take advantage of the situation while it lasts.