What is it like being a mortgage salesperson/loan officer?

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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

What is it like being a mortgage salesperson/loan officer?

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.

What is it like being a mortgage salesperson/loan officer?

i heard it sukt from a friend that was one

What is it like being a mortgage salesperson/loan officer?

I'm not sure but I just got hired today to be a loan officer.

What is it like being a mortgage salesperson/loan officer?

boring job

What is it like being a mortgage salesperson/loan officer?

I like it - I've been doing it for almost 10 years.

The hours are pretty flexible, but in general you'll work some evenings because that's the best time to get ahold of people.

The income potential is very good if you get in with the right company.



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