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| *Loan,banking and credit>>>mortgage loan |
What is it like being a mortgage salesperson/loan officer? |
I am considering becoming a mortgage salesperson/loan officer. I want to know what it is like. If you have done it, do you recommend it? What are the pros/cons? Long hours? Good pay? Anything about the job would greatly help! Thanks i heard it sukt from a friend that was one lign="right" > Sign in to vote! I'm not sure but I just got hired today to be a loan officer. lign="right" > Sign in to vote! boring job lign="right" > Sign in to vote! I've been in banking for over 20 years so I might be able to shed some light on the subject. To be honest Kristina, lending in today's market is not a very difficult job. Probably the hardest part would be delinquency control. In this day and age of Credit Scores and Debt repayment histories, most of the decision process is taken care of for you. The job is more public relations than anything. In our bank, a consumer loans officer earns about $40,000. a year plus benefits. It's good work for the right person and I would urge you to seriously consider it. It's also a pretty good stepping stone in moving up the corporate ladder. Good luck with your career. |
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