Can a nonsupervised mortgagee broker an FHA loan?

Answer Nonsupervised mortgagees may broker FHA loans provided that they are registered and approved with the U.S. Department of Housing and Urban Development (HUD) as a mortgagee broker. The specifics on... Read More »

Top Q&A For: Can a nonsupervised mortgagee broker an FHA loan

How to Become an Auto Loan Broker?

Becoming an auto loan broker gives you access to a broad selection of lenders who offer financing to buyers who desire to purchase a vehicle. If you desire to work from your own home, enjoy helping... Read More »

How to Be a Loan Note Broker?

One get-rich-quick scheme being promoted in infomercials is learning how to be a loan note broker. This type of broker is the go-between for businesses who need additional cash flow with high amoun... Read More »

Can a broker do a loan modification?

On One Hand: Mortgage Brokers Do Not Lend MoneyA mortgage broker is not a bank, and does not lend money. It simply facilitates the lending process between a home buyer and a lender. The broker is u... Read More »

How to Become a Commercial Loan Broker?

The banking industry serves many functions and one of the most important is the business of lending. It's not only people seeking to buy a home that need a loan; it's also commercial clients -- the... Read More »