I love being a mortgage broker... life is good

[jafo]

there's plenty of opportunity in the current market, just have to think differently.


unfortunately for me 95% of my business was subprime, and most of my pipeline got wiped out last month w/ the secondary market disaster. i dont have the reserves right now to remodel my business plan and execute.

i wish i was FHA approved, but i always worked for 1099 shops, so none of ever were. i know w2 is required to be FHA approved

my friend is dealing with alot of short sales and foreclosure bailouts right now..

i might have to follow suite

you dont have to be W2 ..try to find a correspondentshop that can pay both 1099 and W2 they can get there licence as a bank (this is the fastest way )

 

[jnevin]

you dont have to be W2 ..try to find a correspondentshop that can pay both 1099 and W2 they can get there licence as a bank (this is the fastest way )

^^^