Before signing up for a loan officer class, around how much do most instituions charge?
View your credit file based on any of the UK credit reference agencies, or all three at once
LifeLock is the only Identity Theft Prevention Solution backed by a one-million dollar guarantee!Click here to get a 10% discount.
I think that I'd like to take the plunge and become a loan officer. I am about to pay about $294.00 for this training. People keep telling me there are "free" programs out there, however I haven't come across any. Any suggestions?
Before signing up for a loan officer class, around how much do most instituions charge?The only class that you need to take to become a Loan Officer is what ever is required of your state to become liscensed. In several states there are no licensing requirements. I'm not sure what is "legal" on "un-legal" about a loan officer training class.
Being a Loan Officer is one of the few things left in the world that is not over-credentialized. That is changing with all of the scrutiny in the industry.
No one is teaching a "How to Become a Loan Officer in 7 days or Less," class for free. If anyone is taking thier time to do that they expect to get paid. What the quality of the class is I can't say. Do you know anyone else has taken the class? Who is the sponsoring agency? Is this a state ran class or ran by a private institution?
FYI, where I live we have never needed classes to become a LO until 2007 when new LO's needed to attend classes to become licensed. The classes are sponsored by the sate but ran at community college's and the like. They cost about $400. Up until then new LO's were simply hired given about a days worth of in house training and then set loose on the world.
More Related Questions and Answers ...
The loan information post by website user , we not guarantee correctness.