Sammi Yang
Apply for a mortgage broker job without experience
Hi, how are you.I am working as part-time real estate agent now, while my husband is full-time RE agent.I am interested in residential mortgage lending and would like to take the 20+hours course for the RMLO license i...
Ryan Thomson
House Hack Without a Downpayment
CHFA Down Payment Assistance: What You Need to Know
For many Coloradans, buying a home may seem out of reach due to the high costs associated with a down payment. Fortunately, the Colorado Housing and Finance Autho...
Shari Posey
Are their 3rd Party Options for Structuring Seller Financing?
I'm a real estate agent who has a seller offering financing on a single unit. We also have a buyer who wants to buy with seller financing. This is an area that neither I nor the seller have experience with. Because of...
Ken Seveur
Refinancing a seller financed property
What's up BP fam. I've found a potential seller interested in seller financing (contract for deed) through a title company. It's a fully rehabbed EOG townhouse asking $65k. What I'n thinking to offer is $4k down and $...
Isaac Yoshioka
Out of State Investor wanting to build a team in Ohio!
Hey everyone!I am wanting to start out of state buy and hold REI in Columbus Ohio. I am brand new to REI and have been studying for the past several months. And I am wanting to build my team (property managers, mortga...
Bob Malecki
Georgia licensing requirement for purchasing notes?
An associate forwarded the following info about Georgia licensing requirements for note buyers. Based on the language it seems that an individual would be exempt since it is "solely as an investment". I'm not clear th...
Vince Le
What does "NO POINT & NO COST" mean when refinancing?
What does "NO POINT" mean in the ad: "Refinance your mortgage loan when interest rate goes very low with a lender offering NO POINT & NO COST?" Thank you.
Arty Fresh
Mortgage loan officer at a bank
So I have a friend who achieved financial freedom with 10 homes in Florida with a real estate agent/property mgr who takes care of him.I want to follow his steps. He told me that the best thing he ever done was become...
Deandre Brown
Any experience with RMLO?
Hey BP fam,
I have a quick question: Has anyone had experience with a Residential Mortgage Loan Originator (RMLO)? I was speaking with a property owner who is open to seller financing, but mentioned that I need to ...
Vince Le
How can a mortgage loan originator become a mortgage broker?
What will need to be done when a mortgage loan originator (who already passed the SAFE test and got the selective state education done) wants to become a mortgage broker to work for themself, so their commission won't...