Mortgage Grapevine

Florida: Is it worth my time to start my broker shop back up?

I have been in the business for 13 years and had to shut down my shop in 2006 after massive losses from hurricane wilma and katrina. We were a national retail mortgage banker.

It would just be me and I would be calling on a very large closed loan data base.

Any advice would be greatly appriciated.
by hymie2009 November 4, 2009 4:08 PM

hymie?

Seriously, your vine handle is hymie?

by Mensa Calling November 4, 2009 4:22 PM

hymie?
Seriously, your vine handle is hymie?
by Mensa Calling November 4, 2009 4:22 PM

My thoughts Exactly!


by Is that a joke? November 4, 2009 4:23 PM

Thats the call name. Its a high school nickname derived from Jamie.

Do you have advice or are you just killing time on this blog?
by hymie2009 November 4, 2009 4:35 PM

I think it would be more worth your while to run your deals through me and let me pay you a comission on them... if all you are really gonna do is hit your past clients up for a refi that makes more sence to me...

jus, sayin... if you want to do that let me know (I am licensed in FL)

resume20092009 at hot mail dot com


by Donktard Borker November 4, 2009 4:37 PM

comission = commission

sence = sense

Yeah, I'd want to work for you.

by vine stone thrower November 4, 2009 4:44 PM

vine stone thrower, to clarify I was not offering you a job and your correct I cant spell.

Donktard Borker, not interested but thanks. I am already licensed as well.


by hymie2009 November 4, 2009 4:49 PM

I think it would be more worth your while to run your deals through me and let me pay you a comission on them... if all you are really gonna do is hit your past clients up for a refi that makes more sence to me...

jus, sayin... if you want to do that let me know (I am licensed in FL)

resume20092009 at hot mail dot com


by Donktard Borker November 4, 2009 4:37 PM

I think he was saying, is it worth it to pay the overhead to open up a shop?? I have more and more brokers signing up with us as loan officers everyday cause it just isnt worth it to keep the doors open... makes more sense to sign up with someone as an LO and get commission rather than pay over head...

...and i think VST was correcting borkers spelling...
by BOYDSTUN951 November 4, 2009 5:01 PM

Mainly VST was just tossing rocks. That's his job.

by Goofy November 4, 2009 5:03 PM

boydstun, what state are you in?
by ind-mtg November 4, 2009 6:14 PM

I am in So Cal
by BOYDSTUN951 November 4, 2009 6:37 PM

Get into the biz now if you like pain.
by lendermen November 4, 2009 7:11 PM

Does anyone know who is doing Man homes? Since GMAC cut that off my four remainding lenders stopped doing them.
by lendermen November 4, 2009 7:12 PM

Lendermen...try AFR

yes, that is basically what I was sayin...not offering a job, just a mutual agreement if it interested him...if it doesn't, that's cool too.

(I doubt anyone expects correct spelling with a handle like "borker")
by Donktard Borker November 4, 2009 8:51 PM

No, borker is correct.

by vine stone thrower November 4, 2009 9:19 PM

In the event that you do get back in or are seriously thinking about it....shoot me an e-mail and let's communicate away from these children.

rdrake@englending.com
by THEVIRGINIAGENTLEMAN November 4, 2009 10:34 PM

Let's work together. I have vast resources.

Florida Department of Financial Services
License Number MB0641643

Jackie A Graves
Changemyrate.com - Since 1989
1-877-988-7700
jackie.graves@changemyrate.com
http://www.changemyrate.com

by changemyrate November 7, 2009 1:31 AM

Reply