Mortgage Broker Board or Association?

Financing, Hard Money Lenders, Private Money
1

Is there such a thing as an association or board where we can find a list of all official Mortgage Brokers for a particular area? I’m looking for a list of Brokers so that I can shop around. Individual brokers please do not say “call me I can help you with your loan” I am really looking for a LIST of brokers.

2
Is there such a thing as an association or board where we can find a list of all official Mortgage Brokers for a particular area? I'm looking for a list of Brokers so that I can shop around.

Most Mortgage Brokers are multi-state licensed. There may be brokerage firms that are based in or around your area. However, being based in a particular area does not necessarily mean that they do business there. I know of several firms that do not do ANY business in their home State.

State Boards list licenses. However, brick and mortar (a.k.a a physical presence) is not required in all states.

Your best bet is to ask for referrals from fellow investors or just start shopping.

Good Luck!

3

I’m a bit confused by your message, but I will try to help.

It sounds a list of brokers is to mean you are seeking a list of lenders/investors in which to shop your loans around to. Is that what you mean?

Do you want a list of subprime, ALT-A, and A paper wholesale investors?

Regards,

Scott Miller

4

EZLOANZ I am a little confused by your response to the question posed by GYPSYDOGG.

QUESTION POSED BY GYPSYDOG

Is there such a thing as an association or board where we can find a list of all official Mortgage Brokers for a particular area?

RESPONSE BY EZLOANZ

It sounds a list of brokers is to mean you are seeking a list of lenders/investors in which to shop your loans around to. Is that what you mean?
:huh It would appear that they are looking for Mortgage Brokers in their area. I did not see the mention of Lenders/investors.
Do you want a list of subprime, ALT-A, and A paper wholesale investors?

I may have missed it, but, I didn’t see any request for loan types mentioned in the post. :rolleyes

It may just be me…but, it looks like an attempt to solicit some business?

5

Just go to www.namb.org
That’s the Nat’l Assoc of Mortgage Brokers

6

Great idea Susan!

Here is the link: http://www.namb.org/assnfe/SearchBroker.asp?MODE=FIND&csSB_Search_LastName=&csSB_Search_FirstName=&csSB_Search_Organization=&csSB_Search_Certification=&csSB_Search_City=&csSB_Search_State=195&csSB_Search_Zip=&SNID=1543618514

It still does not solve the issue of whether they do business in the State in which they are located. As I mentioned previously, the best way is to get a referral from someone you trust.

Good luck in your search, Gypsydogg. :beer

7

Yes this is what I mean. Thanks for clarifying. I have no idea what the heck subprime, Alt-A, or A paper wholesale investors are…please do explain… :eek

8

:banghead