I got busted :(
Originally Posted by Josh M
I'm guessing you don't like TX because don't they have some crazy nonsense about doing no 2nd mortgages? Luckily for me all the people in TX I've done have had either enough money down or enough paid off where I only needed to do a 1st. We do a few construction loans, although its not something we specialize in.
I want to become a LO eventually. My buddy works for a mortgage company/broker that deals with hard money lenders. He always has people he can send my way but since I am an analyst, there really is no point.
Originally Posted by Dweezel
I want to become a LO eventually. My buddy works for a mortgage company/broker that deals with hard money lenders. He always has people he can send my way but since I am an analyst, there really is no point.
Send em my way! I'll hook you up

Mike - The girl I'm going out with Saturday is Katie, you obviously know Ashley............she was going to go play laser tag with me tomorrow
Originally Posted by Josh M
Yeah, I charged 4,000 on the front.........and I made 2 points on the back side.
Originally Posted by Frankie Dirtbag
josh, just curious, how do you tell/sell people the back points? im on the lending end and everything we do is brokered out. pm me if you dont feel comfy about it. thanks.
Well we get a rate sheet..........and say par is 5% and at 5.5% we make 1 point and 6% we make 2 points...........its just what the lender pays us, the borrower never has to pay that, and I don't even think its on the HUD. Sometimes if its a really good friend, I won't charge anything and just make it at par..............or I'll straight up tell customers that if they want the really low rates they are gonna have to pay for them up front
I'm a broker
sweet. just wondering cause im going to college in a few weeks, planning on majoring in something in business, just not sure what. just thought id ask from the looks of it you make pretty good money.


