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http://www.onlinewithjohn.com – How Do Mortgage Brokers Make Money?

How do mortgage brokers make money was a question I was asking a few years back. I ended up being a mortgage broker for about 10 years. I did really well and made great money.

Once I found out how mortgage brokers make money and how much they could make I got pretty excited. Mortgage brokers make their money in 3 ways. The first way is they get paid an origination fee. This is what the borrower pays to have the loan done.

Then you get a yield spread premium. This is the money the lenders pays you based on the rate. The higher the rate the more yield spread premium you make.

Then you split fee with other loan originators that work for you. The more originators that work for you the more fees you get.

Let me take you in a different direction. Sounds like you might be just starting your search if you’re looking for how do mortgage brokers make money . I left the mortgage business after the mortgage crisis because of all the new government restrictions. All the new testing. It became very tough.

It became almost impossible to close a loan which killed my income.

I was introduced to internet marketing. Everything is moving towards the internet. I realized if you could market on the internet you could sell anything. I am also partnered up with some 7 figure earners. Let me give you an alternative.

Go see what I am doing with internet marketing. Just click the link above and we can talk on the other side. If you’re in transition or just starting out this could be a great move for you. It was the best thing I have ever done. I am in control.

Go click the link above and we will talk soon.

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