THE CALIFORNIA LOAN BROKER TRAINING INSTITUTE If you've ever wanted to make a six figure income with no college degree needed and the ability to work from home and set your own hours, the being a loan broker may be for you. Most people think that you have to be a real estate broker to broker loans in California, but that's not true. Taking classes and a test to become a real estate broker licensed by the Department of Real Estate is just one way to become a licensed mortgage broker in California. The other way, is to get a Consumer Finance License through the Department of Corporations, for which no test or experience is required. You do have to apply for the license, pay a small fee and put up a bond, but that's it. This license does not entitle you to sell real estate. In order to do that, you must go through the Department of Real Estate and pass a test. It just allows you to broker real estate and business loans and collect a commission for doing it. The California Loan Broker Training Institute offers a special one-day Intensive training session to prepare you to become a licensed mortgage broker in California and connect with wholesale lenders anxious to have you represent them as a broker. You will learn all about different types of loans, from Conventional, to FHA and VA government-insured loans, "A" paper loans for borrowers with excellent credit, to "D" paper loans for borrowers with terrible credit, You will learn how to qualify borrowers and decide where to submit their loans in order to get them approved, the advantages and disadvantages to Fixed Rate 30 Year loans, Adjustable loans and Hybrid loans that start off fixed for a number of years and then switch to adjustable loans. Most important, you'll learn how to advise your clients on which loans to choose and show them how various loan programs may save them or cost them money in the future. You will learn about advertising and marketing and how to attract clients without spending a lot of money. In short, you will learn everything you need to be in business for yourself as a licensed functioning loan broker, doing real estate and business loans and ready to make an average of $150,000 a year. Albert Mayer, the Founder and Director of the California Loan Broker Training Institute, has been in the loan business in California for more than 30 years and pioneered the idea of loan broker training. He has taught the class successfully for many ears now and has hundreds of successful graduates running mortgage companies through out California. The Loan Broker Training Institute is located in Burlingame in Northern California, right near San Francisco International Airport for the convenience of students flying in from out of town. The training starts at 9AM and ends at approximately 4:30 or 5:00 PM but it doesn't end there. You get ongoing consulting for a full year after the class, you can come back and sit through the class again any time for free and until you get your license, you can run any loans through Mr. Mayer's company for fity percent of the commission. To contact the California Loan Broker's Training Institute just call (650) 342-6071, ask for Mr. Mayer and say you were referred by this website. CONTRACT WIZARD HOME PAGE MORTGAGE MAGIC HOME PAGE TAX SALE RICHES HOME PAGE |