Married with kids, HR Director for 20+ years, and homeowner.

The term "Mortgage Broker" is a bit loaded, a bit misleading, and frankly no one uses it correctly.I am licensed to broker mortgages, and I do in fact broker mortgages from time to time.But about 95% of my deals are either done via direct or correspondent lending, not brokering.

As I wrote in my profile, I am currently a casting director working out of my home office and collaborating with a LA-based show developer.

I am the Director of Communications at the board and I recently finished my RE license classes, set to take the state/national exam May 30 (wish me luck!)

As for Zillow, I am sales director of a real estate firm owned by the largest construction lender in the southeast, therefore we deal with most of the preconstruction financing and dealing with a good source of investors.

Massive amounts of action taken!Self taught wholesaler venturing into rehabbing.Successful wholesaling mentor who students are active in the business

They can amount to around $2500 on average, and are completely avoidable - your lender shouldn't charge anyNo Pre Payment Penalty: this is very important, as some flips will happen very quickly, and the borrower should not have to pay any interest on remaining months if paid off earlyDIRECT LENDER: make sure your lender is the actual check writer, not a broker that calls themselves direct OR a lender that needs to confirm acceptance with their investors.

I currently left my "job" as a finance director to pursue this full time, I have little cash to invest so I will also need to find some great private/hard money lenders that want to profit with me.

If that is a personal purchase you still need some questions answered so you know what you are getting into or what all you must pay for, either direct or indirect expenses.

If you call the director, she will give newbies a coupon for a free first meeting.