Mortgage brokers average better than 1% commission on every transaction...so a conservative estimate is $18,159,492,790 to mortgage industry in commissions last year. Eighteen billion is a lot of money to go around.

Consider a profession that doesn't require any formal schooling yet offers a six-figure plus income potential to any broker who wants it.

Here's how business works...

A mortgage broker acts as middle man between a borrower and a lender. The broker bridges communication gap between technical requirements of lender and non-technical demand of borrower. And here's best part...mortgage brokers get a cut of every loan they close.

The upside for this profession is nearly unlimited. Once you've reached a high monthly income level from your mortgage commissions you can move into other areas of business and make huge amounts of money.

Buying second mortgages, funding choice loans yourself and buying real estate investment properties are just a few examples of opportunities for expansion that are available to successful mortgage brokers.

If you're ambitious and want to become truely wealthy this industry will afford you every opportunity to do so.

The mortgage industry does, however, require that you master three important skills before it will reward you with success.

You have to be able to sell.

This is ultimately a personal business. You will be dealing with people every day. Knowing how to relate to all kinds of people to make sure they are comfortable during an unfamiliar and very important process is vital. Sales skills are essential to your success as a mortgage broker.

1.“True success is retiring to do nothing. Being successful means accumulating enough so you have to do nothing.”

2.“At 65 I’m no longer capable of working. I’m too old.”

3.“When I retire, I should start winding down. Take it easy”

4.“I want to retire while I am still healthy so I can stay healthy.”

Truths about retirement 1.In 1930’s Roosevelt created Social Security to provide a pension workers 65 and older. This was to create openings for younger workers by removing seniors from work force during Depression when there were large numbers unemployed.

It was not created from basis that 65 year olds and older were unable to work. We need creativity of older people even more today, creativity creates jobs. Older people need to stay in work world.

2.Generally, we are healthier than ever have been before. A recent cover of AARP, a magazine for people over 50, announced: “Sixty is new Thirty.” Immunizations, medications, health knowledge and education, have made a huge difference.

3.Our longevity has increased. A 65 yr old man can expect to live until age 82, while a 65 yr old woman can expect to live until age 85. If you are in your 40s, and follow traditional model of retirement, you will likely be retired a minimum of one quarter of your life.

Those living to a hundred have increased. The 1960 census listed about 3000 centenarians. Today, centenarians are estimated at 70,000 and some are predicting 4.2 million by middle of century. If you are 50, you could be one of 4.2 million!

4.Winding down leads to poor health. People who study aging describe Use it or Lose it phenomenon. We keep our health by using it, we need to be active physically, mentally, emotionally or we will wind down. Studies have shown 90 year olds being capable of increasing muscle mass and tone moving from wheelchairs to being independent again.

And good news is: It is never too late to start!! Physically, mentally, emotionally, we have capacity to grow at any age.