NAICS Code 522390-03 - Mortgage Feasibility Consultants

Marketing Level - NAICS 8-Digit

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Contact Emails: 147
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Phone Numbers: 82
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NAICS CODE 522390-03
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NAICS Code 522390-03 Description (8-Digit)

Mortgage Feasibility Consultants are professionals who provide expert advice and analysis to clients who are considering investing in real estate or obtaining a mortgage. They help clients determine the feasibility of a mortgage by analyzing the client's financial situation, credit history, and the property's value. They also provide guidance on the best mortgage options available to the client based on their specific needs and goals. Mortgage Feasibility Consultants work closely with clients to ensure that they are fully informed about the mortgage process and that they make informed decisions.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 522390 page

Tools

Tools commonly used in the Mortgage Feasibility Consultants industry for day-to-day tasks and operations.

  • Mortgage calculators
  • Financial analysis software
  • Credit report software
  • Real estate valuation software
  • Spreadsheet software
  • Loan origination software
  • Customer relationship management (CRM) software
  • Project management software
  • Document management software
  • Electronic signature software

Industry Examples of Mortgage Feasibility Consultants

Common products and services typical of NAICS Code 522390-03, illustrating the main business activities and contributions to the market.

  • Mortgage financing
  • Real estate investment
  • Property development
  • Home buying
  • Refinancing
  • Mortgage insurance
  • Mortgage brokerage
  • Mortgage lending
  • Mortgage underwriting
  • Mortgage servicing

History

A concise historical narrative of NAICS Code 522390-03 covering global milestones and recent developments within the United States.

  • The Mortgage Feasibility Consultants industry has been around for several decades, with its roots dating back to the 1970s. During this time, the industry was primarily focused on providing feasibility studies for commercial real estate projects. In the 1980s, the industry expanded to include residential real estate projects, and by the 1990s, the industry had grown significantly due to the increasing demand for mortgage feasibility studies. In recent years, the industry has continued to evolve, with the rise of digital technology and the increasing importance of data analytics. In the United States, the industry has faced challenges due to the 2008 financial crisis, which led to a decline in demand for mortgage feasibility studies. However, the industry has since rebounded, with growth driven by the recovering housing market and the increasing importance of data-driven decision-making in the real estate industry.