One of the many requirements when applying for an Arizona mortgage license is that a company must have a responsible individual named on the license. Without a licensed mortgage responsible individual in Arizona, a licensee will not be issued a mortgage license. There are many responsible individuals and if you have tried to contact them it can be challenging to get ahold of them.
Tip #1
When you check out the details of Arizona mortgage responsible individuals, take into account if they pick up their phone or if they call you back when you leave a message. If you want someone to pick up the phone then call me today (602) 351-5607.
Tip #2
It is likely that you would be using their principal place of business as your office address to begin with. One of the many services offered by an Arizona mortgage responsible individual is to provide you with a brick and mortar presence in the state. So get the address of where your branch office will be located and make sure you like the location and building.
Tip #3
Once you have a shortlist of a few names, check their profiles. Ask a few questions while checking out the profiles and you would do well to choose a good Arizona mortgage banker responsible individual. How many years has the professional been in business? What was the job he did before becoming a licensed responsible individual? If he had a business then what kind of business was it? How many years has the professional been in the Arizona mortgage industry? Does he have any exposure in mortgage brokerage or mortgage banking and the real estate industry in general? If you don’t get desirable answers to these questions, then MOVE ON. Expertise and actual hands-on experience are two key elements that cannot be compromised upon. Usually, one doesn’t get an Arizona mortgage responsible individual license without some experience in the Arizona mortgage industry or real estate industry but then the nature of the experience will always vary.
Tip #4
When you consult a mortgage responsible individual in Arizona, ask questions that matter the most. Allow the professional to explain what he would do for you but then get into the tougher questions that would eventually have to crop up, but which otherwise would crop up after you have signed up with one.
Tip #5
Finally, you should expect more than just the clerical and facilitating services from a mortgage responsible individual in Arizona. He should help you with marketing and branding as well. Don’t hire one that doesn’t include such a service.
