How Do You Become A Mortgage Broker In 90 Days?
We list some of the initial steps you should consider before opening your own Mortgage Company as a Mortgage Broker. Please consider the below. Set up your Corporation Before you setup your mortgage company, you will need to decide upon the type of entity through which you will operate your business. Will you set up as a corporation, limited liability company, partnership or sole proprietorship? There are advantages and disadvantages to each type of businesses. Most mortgage lenders or brokers go the corporate route because it is the most prevalent form used when setting up a mortgage company. Corporations are also great vehicles for conducting business as corporations shield you from personal liability and allow you to protect your personal assets. If you decide to set up a corporation, you will need to file Articles of Incorporation with the Secretary of State. Setting up a corporation is really not that difficult, just file Articles of Incorporation and pay any required fees. Howeve
