Do mortgage loan officers/processors have a high turn over rate?
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My friend said they did and I was wondering if that was true? If so, why? && could you also get a job as a loan officer/processor with no experience at some places? I called this mortgage broker looking for a job as a loan officer and left them a voicemail. I also said that I was taking a mortgage lending class. They called me back several weeks later and wanted me to come in to talk or an interview or something like that. But I said that I wanted to wait until I've completed my class. My mortgage lending teacher told me that I should be a loan processor first, then work up to becoming a loan officer. I am considering calling them back to see if they have any loan processor jobs available for right now. I have no real work experience because my parents wouldn't let me have a job in high school. I was only a telemarketer for about a week this summer. I am going to start volunteering within this next week, so I could use that as a reference. Any ideas or thoughts about my situation?
Do mortgage loan officers/processors have a high turn over rate?I am a current recruiter for a mortgage company in Dallas, TX. and we are looking for people who have no experience in the industry. We do ask that you get certified in TX., to become a Loan Officer. Yes, the best place to start is Loan Processing. It will give you the back stage pass to the documents and so on.
You can get paid two ways: 1 only if the loan closes ($425 per loan) or 2. Hourly it depends on the company.
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