The Complete Idiot's Guide to Success as a Mortgage Broker (Paperback)

by Daniel S. Kahn (Author), Marian Edelman Borden (Author) "According to the National Association of Mortgage Brokers, a mortgage broker is "An independent real estate financing professional who specializes in the organization of residential..." (more)
Key Phrases: mortgage broker industry, successful mortgage broker, broker company owner, Fannie Mae, Did You Know, Freddie Mac (more...)

Editorial Reviews

Product Description
Break into the brokerage business.

Here is a step-by-step handbook to joining this elite group. Written by an accomplished mortgage broker with more than 15 years in the business and 2,000 deals to his credit, this book covers everything from whether or not real estate financing is the right career move to how to master the skills necessary to be successful.

• Overview of a day in the life of a mortgage broker—including the pros and cons of the career
• A self-test to help readers determine if the brokerage business is right for them
• Licensing and educational requirements, advice on successful networking, and basic mortgage information
• In 2004, there were over $3.8 trillion in mortgage originations nationwide—an all-time record— according to The Mortgage Bankers Association

About the Author
Daniel S. Kahn is the president and owner of Financial Access Corporation, a mortgage brokerage firm operating out of Newburgh, New York. A career broker for more than 15 years, he knows the mortgage business inside and out. He has originated more than 2,000 mortgages worth over $500 million.

Marian Edelman Borden is a professional writer and the author of seven books.

Product Details

• Paperback: 352 pages
• Publisher: Alpha (June 6, 2006)
• Language: English
• ISBN-10: 1592575102
• ISBN-13: 978-1592575107
• Product Dimensions: 8.9 x 7.3 x 0.9 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 4.6 out of 5 stars See all reviews (10 customer reviews)
• Amazon.com Sales Rank: #88,895 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

9 of 10 people found the following review helpful:

5.0 out of 5 stars Excellent book for a newbie, September 29, 2006

By	D. Chong - See all my reviews (REAL NAME)

I recently picked this book up to see if the mortgage industry was for me. After reading the book, I know that it's definitely for me. This book was extremely informative and I feel fairly prepared to get a job in the industry. I know that there is still much to learn about becoming a mortgage broker, but this book is definitely a start.

I would highly recommend it for anyone who is thinking about entering into this industry.

3 of 3 people found the following review helpful:

4.0 out of 5 stars Success as a Mortgage Broker, March 13, 2007

By	Jason B. Hellman "Certified Mortgage Planner" (Omaha, NE USA) - See all my reviews (REAL NAME)

I read this book in search of supporting material for my training program. I own and operate a Mortgage Broker company. This is a nice compilation of material that explains the incredibly diverse role of the Mortgage Broker.

I recommend this book for anyone considering life as a Mortgage Broker or who may be off to a slow start.

12 of 16 people found the following review helpful:

5.0 out of 5 stars Success in the increasingly complicated business of everyday life, June 12, 2006

By	Rhonda Dossett (Oklahoma) - See all my reviews

Like me, you may find this book extremely helpful even if you're not considering a career as a mortgage broker. Here's why. I have a mortgage, I just refinanced my mortgage, and I'm sure someday I'll buy a new house and need another mortgage. This book explains in clear and easy-to-understand language the "terms" your real estate agent, mortgage broker, or banker use when presenting financing options to you. Think Economics 101 crossed with a primer on banking and personal finance. Everything from "What's in a credit report" to "Who the heck is Freddie Mac" is discussed and explained. There are lots of extras in this book for the average reader. There's an "Interest and Style" personality test in Chapter 4 that I found spot on and fun to take. There's even a chapter on PDAs, cell phones, and a great explanation on just what a "Bluetooth" is and why I should look for that feature on my next laptop. And if I ever decide to start a small business, this book is packed with helpful hints and information about developing a business plan, time management, and marketing. Add this book to your library; it will assist you in being successful in the increasingly complicated business of everyday life.