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There are two main attributes of a good Mortgage Broker;

The first is you have to be good with people, And the second is that it's really indispensable for a Mortgage Broker is to be good with numbers. You are helping people arrange their home loan or investment property loan and in doing so you'll often sit in people's lounge rooms or at their dining room table and give advice on what they should do and which lender they should use. So people skills are a must, but also equally important is being numerically or mathematically competent, working out complex numbers is an everyday part of a Mortgage Brokers role so being skilled in this area is imperative.

Finding people skilled in these two areas is difficult, people are often good at one and not the other, however as long as you are really good with one and passable at the other you'll still be OK. Don't despair too much as these are skills, not intrinsic talents, which means they can be taught. Just remember to find a good teacher!

Always be learning

While your mentor will make sure that you're on the right track with your training it's also good to get some additional training in running a small business. A short course in small business management and some sales training are two that will give you the most relevant tools to get your new business running at its full potential.

Of course as it is your own business, you'll be self-employed so you'll need to learn to be self-sufficient if you aren't already. Some good books on organization and motivation will go a long way to getting you in the right frame of mind to make the most of your new venture.

Conclusion

Well that about does it, I hope that gives you enough information to get you started or at least point you in the right direction. It's a rewarding industry, well done for getting this far and I hope that your road is an enjoyable and prosperous one.

One question many homeowners are asking themselves in the face of today's low mortgage rates is whether or not to make extra payments on their mortgage. It may seem like a no-brainer; making these kinds of payments on a regular basis will shorten your loan, as well as lower your borrowing costs overall. But are there also pitfalls to watch out for when making extra mortgage payments?

The truth is that there are many potential pitfalls if care isn't taken to make the decision. Unfortunately, the decision process itself can be complicated as well, generating many more questions than it seems to answer. In order to figure out whether making extra payments will benefit you, you will have to consider not only the financial, but other sides as well.

Considering All Aspects

Emotionally speaking, if you feel you would be more content knowing your home was completely paid off, this could be a good point for making extra payments on your mortgage. Looking at things logically, if you plan to be in your home for many years, then extra mortgage payments will likely make sense to you. Jason Ruedy Mortgage Broker, Mortgage Broker or even Mortgage Lender: Choosing the actual Best Option, Should You Make Extra Mortgage Payments?