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March 23, 2021

Why Join A Mortgage Broker

Read below to see why switching from retail or bank lending to a broker will help you serve your clients better

Brokers are Better

Are you considering a career in the mortgage industry, or already in the mortgage industry, whether in a retail or banking position, and curious about what a role at a mortgage brokerage would look like? While each option can have its benefits, there are several reasons why working for JR Mortgage Group, the number one mortgage broker in Kansas, may be the best choice for you.

#1

First, brokers have access to a wide range of mortgage products from various lenders. Brokers offer clients more options to find a mortgage that best fits their needs. This is especially beneficial for clients who may not qualify for a mortgage through a traditional bank. At JR Mortgage Group, we help you, as a broker, say no less to clients. In contrast, other mortgage-related businesses, such as banks or mortgage lending companies, may only offer a limited range of products, which can limit the options available to clients.

As a broker, with flexible loan prgrams, your client who has a lower than average credit score will finally be able to get into a home without having to be told by a bank or retail lender.

#2

Second, brokers are often able to secure more favorable terms for their clients, such as lower interest rates and closing costs. The relationships JR Mortgage Group helps you build with multiple lenders allows you to better negotiate on behalf of clients. Banks or retail positions won’t have the same level of bargaining power or may be restricted in the terms they can offer.

#3

Third, working for a mortgage broker allows you to have a more diverse client base. As a mortgage broker, you will work with clients from all walks of life and help them navigate the mortgage process. This can be a rewarding and fulfilling career path, as you have the opportunity to make a positive difference in people's lives. In contrast, other mortgage-related businesses may serve a more narrow or specialized client base.

Additionally, one of the main benefits of working for a mortgage broker is the opportunity to have a flexible work schedule. Many mortgage brokers work on a freelance or contract basis, which means they have the freedom to set their own hours and work as much or as little as they want. This can be a great option for those who prefer a more flexible work environment or who have other commitments, such as caring for children or aging parents.

Here at JR Mortgage Group, we want our loan officers out in the community creating and nurturing relationships with clients and referral partners. Don’t expect to be behind a desk all day and succeed at this position. 

Summary

Overall, working for a mortgage broker is a great opportunity for those looking to enter the mortgage industry. It allows you to work with a wide range of clients, access a variety of mortgage products, and secure more favorable terms for your clients. 

If you're interested in pursuing a career in the mortgage industry, JR Mortgage Group would love to show you why #brokersarebetter.