Questions and Answers about National Mortgage Field Services

Here's what people have asked and answered about working for and interviewing at National Mortgage Field Services.

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24 questions

Hour per week on a regular basis?

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I took the course. It is not clear on how to get going to start work.

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We have full state coverage in OK, LA and AR. We are developing in GA and TX. Texas is a huge state. No one company can cover all of it. But we will be there one day.

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Yes. This could be an extra source of income.

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Yes or weekends

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There are no restrictions on the days you can complete inspections. Even on Christmas Day. But you would want to be mindful that you represent the mortgage company and bank. There are laws that state that inspections can only be completed between 8am up to 9pm.

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Most of the people stating they are not paid, are not waiting long enough to find out. These are people who are used to working 9 to 5 jobs as employees. We cannot force people to read the Pay Policies, but they are there, easy to find on our website, in the Back Office.

This is contract work, business to business. The national average for Regional companies to pay for inspections is 55 to 75 days. But once it starts it remains consistent. Most Regional companies may wait up to 4 to 6 months to get paid by their clients. It's been that way for the past 50 years or so. But it's consistent. Our clients pay us at least once a month but its for the work we completed several months back. That's just the way it is. For contractors, once the deposits start, they keep on coming. They just have to understand, you do the work and then an invoice is created. Invoices are paid at 30, 60 and sometimes even at 90 days for some companies. But they are all paid.

This industry is not only legal, but required by law. Especially with the passing of the Dodd/Frank bill 6 years ago, Mortgage companies are required to send someone to a property if the payments are over 2 months behind. Our government is very much involved in the Mortgage Field Services industry, even making it a requirement for a verifiable background check.

As for being accredited, there is no such accreditation in this industry. I've never heard of any business being an accredited business, except for a business license. No licensing exists in this industry.

As for our company only being around since Oct 2012, that is in name only. We changed our name from Texoma field Services to NMFS. The CEO of this company has been completing inspections since the exit of his military service back in 1983.

As for making a profit, just as any business owner, you have to be good at finances and organization. If you were a dog groomer and only had 1 dog a month, that business is not going to do so well. For our vendors we only represent 1 of their clients. As a business, you have to have more than 1 client. You have to be an entrepreneur. If a person is more in-tune with a 9 to 5 job, they should stick with that.

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Not all of us are tech savvy. In January, the daily average students who took the course was 1,206 per day. Somehow, they figured out how to take the course.

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It all depends. They may have a “rush” per customer request. Might be 24 hours. Normal turn around can be 48-72 hours. I have had them with a 5 day turn around. You sometimes get those exceptions. Needed immediately.

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You are considered a contractor. Self employed. Like a vendor. So benefits are what you offer yourself. You are doing business with them. Not an employee of theirs.

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