Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

92
Posts
2
Votes
Kenneth Wiley
  • Wholesaler
  • Buckeye, AZ
2
Votes |
92
Posts

how many "man hours" does it take to close on 1 single mortgage

Kenneth Wiley
  • Wholesaler
  • Buckeye, AZ
Posted

is it possible to charge 200 to 600 basis points as mortgage broker for closing in 1 FHA mortgages or 1 USDA mortgage, how many FHA or USDA mortgages can be closed per month if you are working part time like 5-6 hours per day 3-4 days per week and you get paid 1 time each month

and how many man hours does it take 1 mortgage broker to close on 1 single mortgage, what are the differences in getting paid if you are an underwriter vs a independent contractor "mortgage broker" and how many man hours can be saved in terms of automating the underwriting process for 1 single FHA mortgage or USDA mortgage

Most Popular Reply

User Stats

709
Posts
742
Votes
Matthew McNeil
  • Rental Property Investor
  • Boise/Portland
742
Votes |
709
Posts
Matthew McNeil
  • Rental Property Investor
  • Boise/Portland
Replied
Originally posted by @Chris Mason:

Put your club dues in. Right now, you aren't even qualified to ask that question. 

And you're a moderator? Cut the guy some slack - especially from your position. Geez!

Loading replies...