What is this website for?

This website is a tool created to help people starting out in this industry.  It is meant to provide some general information about the industry, help you with getting your mobile apps downloaded and learning how to navigate them,  and give information on what to expect.

What Are Mortgage Field Services?

To summarize, the Mortgage Field Service industry provides services for mortgage companies.  There are various parts to this industry, the only thing this website is going to talk about is inspections.  For the most part companies that hire inspectors are not the bank directly, there are other companies that get contracts for these orders and so I will just refer to them as “the clients”.  There are many reasons inspections are completed, but most inspections are completed are on occupied properties, and the most common reason is delinquent mortgage payments.  You should never assume that is why you are at a property, but it is a common reason. 

When completing inspections there are many types of inspections that get ordered.  There are no contact orders where you do not approach the house, orders where you are asked to leave a door card for an occupant, properties that have had the locks changed where a walk through has been requested, and even orders where an appointment will be scheduled.

For most of the inspections completed our main goals will be to determine occupancy, and to report the condition of the properties we inspect.  We are the eyes and ears of the mortgage company.

How To Be Efficient and Profitable

As an independent contractor, you have a lot of flexibility when completing inspections.  It also means you will be responsible for your own schedule, and making sure work gets done.  How many you can get done in a day depends on your specific location and volume, but in bigger metro areas 60 or more per day is common, and in more rural areas 40 or more per day is average.  The better you plan things to make less trips and less driving means more profit, so that is why being prepared and routing are important.