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Updated about 4 years ago on . Most recent reply

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Anup Kumar
0
Votes |
1
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Becoming a Part time MLO

Anup Kumar
Posted

Hi,

I have a full time job, that pays my bill. But I would like to make some extra income and real estate field is one that interests me. I plan to sit for MLO (mortgage loan originators) license exam and registered for 20Hrs pre requisite online course. My goal is to make around $25k-$30k in commissions , per year.

Is my goal attainable?

Can I work with lenders on commission basis ( not need for salary or other perks)

any advise on how can I procced please?

Thanks in advance!

Most Popular Reply

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657
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275
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Nicholas Covington
  • Mortgage Broker
  • Dallas, TX
275
Votes |
657
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Nicholas Covington
  • Mortgage Broker
  • Dallas, TX
Replied

Not even worth the effort in my opinion. As a mortgage company owner, I wouldn't hire someone part-time based on what you are looking to do. Training alone you would have me in the hole.

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