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How to Become a mortgage loan officer. loan officers help people procure loans for houses and businesses helping people buy houses and other types of real estate. All mortgage officers must be licensed by the federal and state governments,
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Learn how a mortgage loan officer thinks while offering you mortgage products so you can protect yourself and choose and compare the best.
To be a loan officer, you’ll need at least a high school degree and some experience with math, economics, and business. As a loan officer, you’ll work at a financial institution, like a bank, credit union, or lending company, and help individuals and businesses apply for loans.
Loan officers and real estate agents are key players in the home-buying process. In order to understand how a loan officer can work better with real estate agents we reached out to Bill Gassett, one of the top real estate agents in Westborough, MA. Bill has been selling real estate for almost thirty years so we knew he would be a good voice of.
Customer service-wise, US Bank offers mortgage applicants a unique "loan officer near you" service that can provide. credit score" model that takes into account an applicant’s good record in paying.
So You Want To Be A Loan Officer. If you have any questions about what to do to become a loan officer, or if you want a behind the scenes look at the world of mortgage loan brokerage this book will be invaluable to you.
Best Bank To Get Mortgage From These are among the best, as determined by NerdWallet research. Ideal for borrowers looking to get a mortgage with help from a loan officer. jumbo borrowers may find that banks are more competitive.