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Updated almost 7 years ago on . Most recent reply

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Kenneth Wiley
  • Wholesaler
  • Buckeye, AZ
2
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92
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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

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709
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Matthew McNeil
  • Rental Property Investor
  • Boise/Portland
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709
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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!

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