Recently, I read an interesting article in Broker magazine about a new program designed to help single mothers in need.
The words jumped right off the page, so I decided that this idea had to be shared.
Most of us have heard of the high divorce rate in the country, and have seen the tragedy of families being broken apart. Many times, single moms are left to care for their children and they have to find ways to make ends meet.
Many of these single mothers are the rock and foundation for their children. From these situations emerge stories of “extraordinary single moms” who are shining examples of intestinal fortitude and endurance.
One such mom is Heather DeSimone, founder and president of Extraordinary Single Moms, a not-for-profit foundation that provides emotional and financial support to single mothers.
Look them up at  www.esmoms.com, or call (858) 342-4463.
She came up with an idea that is backed by her employer, Rockwell Financial, Inc., a San Diego-based home and commercial lender (www.rwhomefi.com).
The basic idea is to empower single moms to generate additional income of $1,500 or more per month, by originating mortgage loans.
This is a great concept. Most mortgage professionals will agree that very high commissions can be made in originating mortgage loans. The problem is that most single moms haven’t been exposed to the systems and procedures necessary to originate a mortgage loan.
Also, they don’t realize that a large amount of mortgage loans are now originated over the Internet.
The fact is, it’s very easy to originate mortgage loans from your own home, based on your own schedule (i.e. when the kids are at school), and the proper support systems are readily in place. Just imagine, high earnings and you can be with your kids for all the crucial soccer games, school plays, and family nurturing activities that contribute to strong family units.
Both the foundation and internship program officially started in October of last year and are backed by Rockwell Financial and San Diego-based Lei Financial as part of their Loans for Life program.
They provide the mortgage, computer and licensing expertise that is necessary to successfully originate mortgage loans. Also, they provide a lead program to assist single moms in identifying prospective borrowers.
Furthermore, they are recruiting senior loan officers to serve as mentors for the single moms. All the essential ingredients are there to assist single moms to make high income while being with their kids during the very important formative years of their lives.
During my research, there was one phrase that particularly caught my eye and got me excited. The phrase was “beacon of hope.”
For you extraordinary single mothers out there, is this going to be your beacon of hope that will help you navigate the rough waters of your life?
Check out this wonderful opportunity.
Mike Ferguson is with Windsor Financial Services located in Granite Bay. His Web address is www.windsorFS.com.