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  • November 28, 2007 at 12:34 AM #11007
    admin
    Keymaster

    For those of you who are realtors, brokers or just know the business, I’d appreciate your help. Here’s my question: How much can an aggresive, top-notch mortgate loan officer earn in today’s market? The location would be Arizona.

    My ex has filed a motion for a court hearing to have my child support and alimony lowered. Reason: He was just cut-off from private disability insurance in which he was being paid $5,600 a month and now has “zero” income.

    He was going to appeal his insurance company’s decision but decided that he “can’t fight these people”. So, he tells me he’s now looking for work. His last successful career before he went out on disability was that of a mortgage loan officer. His 2003 income tax statement shows he made $155,000 that year. He worked for E-trade financial in Orange County and he was one of their top loan officers (judging from his last year of earnings). A yearly income of $155k is what I’m asking the judge to impute to my ex. Howevever, I’m being told this is not realistic in today’s market. So, for those of you “in the know” tell me what IS realistic?

    He resides in Arizona. I live in Murrieta.

    Thanks.

    November 28, 2007 at 12:55 AM #104099
    Anonymous
    Guest

    forgot to add: if the ex wins I’m gonna be crying like a baby as I recently graduated with my degree and haven’t secured a position in my field yet. I’m presently earning the pitiful salary of a substitute teacher as this job affords me the flexibility of not working the days I am offered interviews on.

    I’m very worried that the declining market in relation to the ex’s career won’t bode well for me at the hearing. 🙁

    November 28, 2007 at 12:55 AM #104185
    Anonymous
    Guest

    forgot to add: if the ex wins I’m gonna be crying like a baby as I recently graduated with my degree and haven’t secured a position in my field yet. I’m presently earning the pitiful salary of a substitute teacher as this job affords me the flexibility of not working the days I am offered interviews on.

    I’m very worried that the declining market in relation to the ex’s career won’t bode well for me at the hearing. 🙁

    November 28, 2007 at 12:55 AM #104198
    Anonymous
    Guest

    forgot to add: if the ex wins I’m gonna be crying like a baby as I recently graduated with my degree and haven’t secured a position in my field yet. I’m presently earning the pitiful salary of a substitute teacher as this job affords me the flexibility of not working the days I am offered interviews on.

    I’m very worried that the declining market in relation to the ex’s career won’t bode well for me at the hearing. 🙁

    November 28, 2007 at 12:55 AM #104225
    Anonymous
    Guest

    forgot to add: if the ex wins I’m gonna be crying like a baby as I recently graduated with my degree and haven’t secured a position in my field yet. I’m presently earning the pitiful salary of a substitute teacher as this job affords me the flexibility of not working the days I am offered interviews on.

    I’m very worried that the declining market in relation to the ex’s career won’t bode well for me at the hearing. 🙁

    November 28, 2007 at 12:55 AM #104243
    Anonymous
    Guest

    forgot to add: if the ex wins I’m gonna be crying like a baby as I recently graduated with my degree and haven’t secured a position in my field yet. I’m presently earning the pitiful salary of a substitute teacher as this job affords me the flexibility of not working the days I am offered interviews on.

    I’m very worried that the declining market in relation to the ex’s career won’t bode well for me at the hearing. 🙁

    November 28, 2007 at 5:52 AM #104112
    Alex_angel
    Participant

    Get a job and stop depending on your ex for payments. There are a lot of single mothers out there that work hard and take care of their kids without help from others.

    November 28, 2007 at 5:52 AM #104195
    Alex_angel
    Participant

    Get a job and stop depending on your ex for payments. There are a lot of single mothers out there that work hard and take care of their kids without help from others.

    November 28, 2007 at 5:52 AM #104209
    Alex_angel
    Participant

    Get a job and stop depending on your ex for payments. There are a lot of single mothers out there that work hard and take care of their kids without help from others.

    November 28, 2007 at 5:52 AM #104235
    Alex_angel
    Participant

    Get a job and stop depending on your ex for payments. There are a lot of single mothers out there that work hard and take care of their kids without help from others.

    November 28, 2007 at 5:52 AM #104253
    Alex_angel
    Participant

    Get a job and stop depending on your ex for payments. There are a lot of single mothers out there that work hard and take care of their kids without help from others.

    November 28, 2007 at 6:11 AM #104117
    4plexowner
    Participant

    My guess as to the income potential of a loan broker in Arizona (or Orange County) right now – especially one without an existing network of recent clients: $0

    Any loan broker worth his salt should have been making $155K in 2003 – one of my buddies was making this kind of money JUST doing refis for his past clients – his past clients kept calling him to do refis because interest rates kept dropping – he didn’t have to do any advertising for new loan business

    The market has changed dramatically since then

    ~

    As a father I am interested to see how the court handles this one – if the court really doesn’t care about the man (which is the perspective of men paying alimony and child support) it will award you benefits based on the $155K – a more realistic decision IMO would be to assume that the guy will earn the median wage for the area and then revisit the decision in six months or a year

    November 28, 2007 at 6:11 AM #104200
    4plexowner
    Participant

    My guess as to the income potential of a loan broker in Arizona (or Orange County) right now – especially one without an existing network of recent clients: $0

    Any loan broker worth his salt should have been making $155K in 2003 – one of my buddies was making this kind of money JUST doing refis for his past clients – his past clients kept calling him to do refis because interest rates kept dropping – he didn’t have to do any advertising for new loan business

    The market has changed dramatically since then

    ~

    As a father I am interested to see how the court handles this one – if the court really doesn’t care about the man (which is the perspective of men paying alimony and child support) it will award you benefits based on the $155K – a more realistic decision IMO would be to assume that the guy will earn the median wage for the area and then revisit the decision in six months or a year

    November 28, 2007 at 6:11 AM #104214
    4plexowner
    Participant

    My guess as to the income potential of a loan broker in Arizona (or Orange County) right now – especially one without an existing network of recent clients: $0

    Any loan broker worth his salt should have been making $155K in 2003 – one of my buddies was making this kind of money JUST doing refis for his past clients – his past clients kept calling him to do refis because interest rates kept dropping – he didn’t have to do any advertising for new loan business

    The market has changed dramatically since then

    ~

    As a father I am interested to see how the court handles this one – if the court really doesn’t care about the man (which is the perspective of men paying alimony and child support) it will award you benefits based on the $155K – a more realistic decision IMO would be to assume that the guy will earn the median wage for the area and then revisit the decision in six months or a year

    November 28, 2007 at 6:11 AM #104240
    4plexowner
    Participant

    My guess as to the income potential of a loan broker in Arizona (or Orange County) right now – especially one without an existing network of recent clients: $0

    Any loan broker worth his salt should have been making $155K in 2003 – one of my buddies was making this kind of money JUST doing refis for his past clients – his past clients kept calling him to do refis because interest rates kept dropping – he didn’t have to do any advertising for new loan business

    The market has changed dramatically since then

    ~

    As a father I am interested to see how the court handles this one – if the court really doesn’t care about the man (which is the perspective of men paying alimony and child support) it will award you benefits based on the $155K – a more realistic decision IMO would be to assume that the guy will earn the median wage for the area and then revisit the decision in six months or a year

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