Superb video Guys, just a quick question, could you also explain the difference between mortgage agent and underwriter and does underwriter also work on comm basis on do they get salary?
In short what I understood is that an underwriter is a person that would do all the backend paper work, verifying all facets of the application for both lender/borrower ensuring compliance while the mortgage agent is the licensed professional under a brokerage arranging the best possible mortgage product from various lenders for the borrower.
Generally speaking (and the rolls can change a bit) but the Mortgage Agent serves more as the sales person and the client relationship manager while the U derwriter focuses more on documents, compliance and Lender relationships
Absolute great video! Bang on. So much of it resonated and not just about being a mortgage agent but also being successful in life. Thank you!
Hi Navjot,
Excellent video. Could you also make a video on how and when you got your first deal?
25:12 finder fee - 0.8%
26:25 volume bonus -
26:50 efficiency
Man I love this !!
Great video. Thanks
Great points.
Hi Navjot, can someone with open work visa (not pr) do required courses and start as a mortgage consultant?
Hi! Navjot. I'm looking for a brokerage to join. Can I join your brokerage?
Superb video Guys, just a quick question, could you also explain the difference between mortgage agent and underwriter and does underwriter also work on comm basis on do they get salary?
In short what I understood is that an underwriter is a person that would do all the backend paper work, verifying all facets of the application for both lender/borrower ensuring compliance while the mortgage agent is the licensed professional under a brokerage arranging the best possible mortgage product from various lenders for the borrower.
Generally speaking (and the rolls can change a bit) but the Mortgage Agent serves more as the sales person and the client relationship manager while the U derwriter focuses more on documents, compliance and Lender relationships