Licensed RE Broker considerng getting a Mortgage Brokers License
I'm a licensed real estate broker in the state of Missouri and I'm considering getting my mortgage brokers license. Does anyone have any experience in the area of mortgage brokerage while having an active real estate license? I figure that it would help my business grow while allowing me to make more money at the same time. I'm really interested in commercial loans as well as residential loan brokerage. My ultimate endgame is to build a real estate consulting firm that handles various aspects of real estate such as (brokerage, property mgmt, mortgage, etc). I'm also an up and coming investor and having my mortgage brokers license may help me secure financing for my own multifamily acquisitions as well. At this point, I'm just looking for advice to determine if this is a good course of action or not. I already spoke to my state licensing organizations and there is no conflict of interest if I hold both licenses.