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Updated over 5 years ago on . Most recent reply

Andrew Livingston's profile image
Andrew Livingston's profile image
Andrew Livingston
  • from Aurora CO
  • Member since Jun 12, 2019
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Andrew Livingston's profile image
Andrew Livingston's profile image
Andrew Livingston
  • from Aurora CO
  • Member since Jun 12, 2019
Connect
Andrew Livingston
  • Aurora CO
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4
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Goals, Business Plans & Entities

Starting a mortgage and lending company

Andrew Livingston
  • Aurora CO
Posted

Hello BP community! I have decided to start a mortgage and lending company. I will be 50% owner with a MLO. He will handle all the lending side of things and we will hire a 3rd party processor. It looks like we will be conducting business as a wholesaler for large lenders.

This seems like a great revenue channel, what are some pitfalls to look out for? What are your thoughts?

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