Frequently Asked Questions

1. How much time will I spend completing all of the "static" tasks required on a mortgage? ANSWER

2. What makes the "dynamic" parts of the loan process so complex and confusing? ANSWER

3. If my client wants a rate quote how will I be able to respond to this immediate request? ANSWER

4. What is the biggest benefit my client gets from using Realty Plus Mortgage over any other lender? ANSWER

5. How quickly can I become licensed as a mortgage broker? ANSWER

6. How do I obtain a temporary mortgage broker license? ANSWER

7. What are my financial risks of becoming a loan originator? ANSWER

8. I feel there is a conflict of interest by being the real estate agent and mortgage broker on the same transaction? ANSWER

9. Why is the mortgage broker O&E Insurance so expensive compared to my real estate required O&E Insurance? ANSWER

10. What are the new schooling and testing requirements to be a mortgage broker in Colorado? ANSWER