Carteret Mortgage Corporation
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Carteret Mortgage Corporation is a national mortgage broker based in Centreville, Virginia and operating in 49 states. Carteret Mortgage, as of 2007, is the second largest mortgage broker in the United States with over 1700 loan officers employed from a wide range of social and economic backgrounds. It has been said that watching the trends at Carteret is an indication of what's happening in the United States mortgage market as a whole. INC 500 listed Carteret as the 59th fastest growing private company in 2003. The most distinctive attribute about Carteret's business model is their ability to attract more than the traditional loan officer. Much more ambitious and creative professionals are looking at Carteret as a viable career opportunity. The ability to earn residual income from team building, and mentorship of others, has a unique benefit. Each loan officer has the ability to recruit and mentor others, thereby building a sub-business underneath the main compensation model. In turn, the loan officer base is more adequately helped when they need it. More information about how this works can be found at JobsForLoanOfficers.com. Carteret was started in 1995 by Eric Weinstein and is owned by him currently. The brokerage started out to be a one man show but quickly became what it is today because of one simple decision. Mr. Weinstein agreed to allow someone to work under his license but make most of the revenue on their loans. Inexchage they were to be more self sufficient. One thing led to another and soon others were asking to work with him. This is how it started. An article was written about it, entitled "My Story". Eric Weinstein was also featured in the American Executive.
