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Dually Licensed Realtor and Loan Officer Careers
Posted by Gustan on September 23, 2023 at 4:50 pmIf you are a producing real estate agent and want to become a dually licensed realtor and loan officer, please contact Gustan Cho at Gustan Cho Associates at 844-90-RATES. Why not make commissions both as a realtor and loan officer on the same transaction. Gustan Cho contact information is gcho@gustancho.com.
Here’s the link to a guide on career opportunities as a dually licensed realtor and loan officer at GCA MORTGAGE GROUP and Gustan Cho Associates https://gcaforums.com/dually-licensed-realtor-mlo-careers/
- This discussion was modified 9 months ago by Sapna.
- This discussion was modified 4 months, 3 weeks ago by Gustan.
gcaforums.com
Dually Licensed Realtor-MLO Careers
Dually licensed realtor-MLO careers enable realtors to earn commissions both as a realtor and mortgage loan officers if they have NMLS license.
Susan replied 4 months, 3 weeks ago 2 Members · 2 Replies -
2 Replies
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Becoming a two times licensed agent and lender is a career that can bring in a lot of money since you will be able to earn commissions on both ends of the real estate deal. This article gives an overview of the advantages and steps involved in becoming dually licensed with Gustan Cho Associates.
Benefits of Being Dually Licensed
Income Potential: You can make money as a realtor and mortgage broker on one transaction at once.
Simplified Process for Clients: Give clients a smooth experience from finding their dream home to securing financing.
Marketability: In the competitive world of real estate, setting yourself apart by offering comprehensive services will greatly enhance your chances at success.
Cross-Selling Opportunities: Leverage your knowledge in these two industries to cross sell products which ensures customer loyalty.
Better Understanding of Transactions: Broaden understanding about property purchase and mortgage processes thereby increasing quality service delivery.
Steps to Become Dually Licensed
Research State Requirements: Different states have different requirements for licensing agents as well as loan officers. Ensure that you are aware of what each license entails within your state before proceeding further with any applications or coursework.
Complete Required Education:
Real Estate License – Take up an approved course on pre-licensing for real estate agents within your locality.
Loan Officer License (NMLS) – Complete 20 hours worth of pre-licensing education for mortgage loan originators that has been approved by NMLS (Nationwide Multistate Licensing System).
Pass Licensing Exams:
Real Estate Exam – Go through state’s real estate licensing examination successfully.
Loan Officer Exam – Pass the NMLS SAFE (Test required under Secure and Fair Enforcement Mortgage Licensing Act).
Apply for Licenses:
Real Estate License – Submit application forms together with relevant fees payable at state’s commission offices responsible for issuing these types of licenses.
Loan Officer License – Apply online via NMLS portal after filling necessary personal details as required by federal law such as fingerprints clearance etcetera.
Join a Brokerage and a Mortgage Company:
Real Estate Brokerage – Find reputable brokerages where you can join as an agent once licensed.
Mortgage Company – Partner with mortgage companies like Gustan Cho Associates who offer various loan products which will enable you meet different clients’ needs easily while getting support needed for success in this field from them as well.
Why Choose Gustan Cho Associates?
Comprehensive Training and Support: At Gustan Cho Associates, they provide all rounded training programs coupled with ongoing mentorship so that one can excel both as a realtor or lender.
Diverse Loan Products: Get access to multiple loan packages including non-QM loans among others which are designed for borrowers not fitting traditional lending criteria but have capacity of repaying such debts within stipulated timelines thus meeting their demands accordingly without much hassle on contracting process.
Marketing and Lead Generation: There is wide range marketing materials plus lead generation tools given out freely by GCA to assist in growing your clientele base hence making more sales volume thus higher income potential realized.
Industry Expertise: Learn from veterans who have been successful within real estate industry at GCA since they possess vast knowledge about different aspects concerning buying/selling homes or investing properties etcetera thus becoming armed with skills required for excelling further in this profession. If you are currently producing as a Realtor, and want to become licensed also as a Loan Officer, please contact Gustan Cho Associates. This will give you an opportunity to diversify your career path; increase earnings potential while providing top notch customer service by handling clients’ real estate & mortgage needs under one roof.
For additional details or start off the process, reach out to Gustan Cho Associates today so that can begin journey towards attaining dual licensure.
-
Becoming a two times licensed agent and lender is a career that can bring in a lot of money since you will be able to earn commissions on both ends of the real estate deal. This article gives an overview of the advantages and steps involved in becoming dually licensed with Gustan Cho Associates.
Benefits of Being Dually Licensed
Income Potential: You can make money as a realtor and mortgage broker on one transaction at once.
Simplified Process for Clients: Give clients a smooth experience from finding their dream home to securing financing.
Marketability: In the competitive world of real estate, setting yourself apart by offering comprehensive services will greatly enhance your chances at success.
Cross-Selling Opportunities: Leverage your knowledge in these two industries to cross sell products which ensures customer loyalty.
Better Understanding of Transactions: Broaden understanding about property purchase and mortgage processes thereby increasing quality service delivery.
Steps to Become Dually Licensed
Research State Requirements: Different states have different requirements for licensing agents as well as loan officers. Ensure that you are aware of what each license entails within your state before proceeding further with any applications or coursework.
Complete Required Education:
Real Estate License – Take up an approved course on pre-licensing for real estate agents within your locality.
Loan Officer License (NMLS) – Complete 20 hours worth of pre-licensing education for mortgage loan originators that has been approved by NMLS (Nationwide Multistate Licensing System).
Pass Licensing Exams:
Real Estate Exam – Go through state’s real estate licensing examination successfully.
Loan Officer Exam – Pass the NMLS SAFE (Test required under Secure and Fair Enforcement Mortgage Licensing Act).
Apply for Licenses:
Real Estate License – Submit application forms together with relevant fees payable at state’s commission offices responsible for issuing these types of licenses.
Loan Officer License – Apply online via NMLS portal after filling necessary personal details as required by federal law such as fingerprints clearance etcetera.
Join a Brokerage and a Mortgage Company:
Real Estate Brokerage – Find reputable brokerages where you can join as an agent once licensed.
Mortgage Company – Partner with mortgage companies like Gustan Cho Associates who offer various loan products which will enable you meet different clients’ needs easily while getting support needed for success in this field from them as well.
Why Choose Gustan Cho Associates?
Comprehensive Training and Support: At Gustan Cho Associates, they provide all rounded training programs coupled with ongoing mentorship so that one can excel both as a realtor or lender.
Diverse Loan Products: Get access to multiple loan packages including non-QM loans among others which are designed for borrowers not fitting traditional lending criteria but have capacity of repaying such debts within stipulated timelines thus meeting their demands accordingly without much hassle on contracting process.
Marketing and Lead Generation: There is wide range marketing materials plus lead generation tools given out freely by GCA to assist in growing your clientele base hence making more sales volume thus higher income potential realized.
Industry Expertise: Learn from veterans who have been successful within real estate industry at GCA since they possess vast knowledge about different aspects concerning buying/selling homes or investing properties etcetera thus becoming armed with skills required for excelling further in this profession. If you are currently producing as a Realtor, and want to become licensed also as a Loan Officer, please contact Gustan Cho Associates. This will give you an opportunity to diversify your career path; increase earnings potential while providing top notch customer service by handling clients’ real estate & mortgage needs under one roof.
For additional details or start off the process, reach out to Gustan Cho Associates today at gcho@gustancho.com or 844-90-RATES so that can begin journey towards attaining dual licensure.
https://gustancho.com/careers/
- This reply was modified 4 months, 3 weeks ago by Gustan.
gustancho.com
Mortgage Branch Manager Opportunity Careers
Mortgage Branch Manager Opportunity Careers for goal oriented licensed loan officers. Start as an independent loan officer on your own P and L