|Arizona laws require that any person applying for a mortgage license in that state select a person having certain experience in the industry of mortgages as well as also having an acceptable background and financial history. This designated person is referred to as the “Responsible Individual.” For further information on Arizona Responsible Individual, go to http://azmortgagelicensing.com/|
Tips for finding Responsible Individual
Tip #1 –
When checking details of Arizona mortgage Responsible Individuals, consider whether they pick up their own phone or if they call you back when you leave a message.
Tip #2 –
One of the services that Responsible Individual is to provide for you a brick and mortar presence in the state which is their place of business as your office address to start with.
Tip #3 –
After comprising shortlist, check profiles. You need a good Arizona mortgage banker for Responsible Individual. How many years has this professional been in business? What position did they do before becoming licensed Responsible Individual? If a business owner what type of business? How many years has this professional been in the mortgage industry in Arizona?
Exposure in mortgage brokerage, banking, and real estate industry? If you don’t get good answers, then move on. Expertise and hands-on experience are the two key elements that shouldn’t be compromised upon.
Tip #4 –
When you consult with a mortgage Responsible Individual, ask the questions that matter the most. See what the professional would do for you and then get into questions that are tougher.
Tip #5 –
You need to expect more than merely a clerical and facilitating services from a good mortgage Responsible Individual. They should also help you with branding as well as marketing.
Carolyn Goldman, a licensed attorney, has been providing these services as the Arizona Responsible Individual for 20 years. Ms. Goldman has been the Responsible Individual for many industry licensees during those years and interacted with the ‘Arizona Department of Financial Institutions’ or AZDFI during the exam process for licensing.
For further information on Arizona Responsible Individual, go to http://azmortgagelicensing.com