Real estate broker vs mortgage broker

Differences between real estate broker and mortgage broker duties and responsibilities

Real estate broker example responsibilities.

• Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
• Prepare all marketing materials, coordinate closings, enter necessary data into the MLS to ensure homes are represent correctly
• Review, analyze and process moderately complex homeowner property, contents and liability claims within assign work with REO properties.
• Stabilize operations and financial performance of underperforming properties, directing investors in maximizing value and/or divesting assets to optimize ROI.
• Process the movement of funds and equities.
• Prepare and submit probate and administration petitions.
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Mortgage broker example responsibilities.

• Educate clients on mortgage contractual guidelines and process FHA, VA, and conventional loans reviewing files for submission to underwriting.
• Foster deeper client relationships with commercial and residential lenders driving referrals by delivering excellent customer service.
• Originate residential conventional, VA, home equity, commercial and construction loans.
• Establish a network of contacts with community banks, appraisers, lenders, and other brokers.
• Originate, process, and submit all types of commercial and SBA loans to the applicable lender.
• Develop business plan, raise investment capital, create business processes, and obtain licensing, VA certification, HUD approval.
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