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Mortgage Net Branch Maryland
Is the mortgage company with which a Maryland mortgage net branch has affiliation required to provide training and support?
Some states do require that a mortgage company provide training and support to its mortgage net branches. Other states may not have exact regulations; however, the mortgage company with which the net branch is affiliated should remember that it, too, profits from the success of its net branches just as the branches do themselves. So, for that reason, why wouldn't a mortgage in Maryland want to provide training and support?
If you are considering a mortgage net branch opportunity in the state of Maryland, you should ask those companies which allow for net branch operations how much training and support they do provide. If they give you the impression that once the MD net branch is established and running that it's basically "sink or swim" on your part, you may want to consider another company.
On the other hand, if you find a mortgage company that provides tremendous support and offers many training opportunities, you should accept all the support given and take advantage of every bit of training that you can. An attitude of "I don't need/want your help" or "I know all I need to know" is not going to benefit you, your Maryland net branch, or the "home office."
When you are negotiating with a larger mortgage company for your MD mortgage net branch, bring up the subject of training and support yourself. Ask what types of training are provided or where you can get the training you feel will help you be more successful. The company will see that you are truly interested in doing the best job possible, which may help them decide to offer you a mortgagae net branch opportunity in Maryland.