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~Pretty much depends on your qualifications and experience combined with the availability of positions within your geographic search area. Why not check with an employment agency with more specific knowledge? If that hasn't occurred to you, I would guess you lack the initiative to handle the job. If it has occuured to you, what are you doing posting the question here?

2006-07-05 07:00:30 · answer #1 · answered by Oscar Himpflewitz 7 · 0 0

Just about anyone can get a job in the lending or mortgage field where ever they are living.

There are many ads in your local paper looking for junior loan officers and others that are willing to train loan officers. You can also become a loan processor, you will have to become a jr loan officer first.

I frankly would attempt to become a jr loan officer or find a company that is willing to train you., since they have no cap on how much they can earn.

You have to remember that you are a hired gun and will be expected to bring in loans to the company by purchasing leads or using the leads provided by the company in which you work.
Some companies will give you a certain time to become more productive. Some will tell you the expectation is one loan a month for the first 2-3 months and will put you on a more
aggressive path once you have more experience, upping the requirements from 1 loan to 3-4 per month. A good loan officers should be doing not less than 5 loans per month. You are trying to become the ace of the office so you should set a goal of more than 8-10 loans per month after your first year followed by doubling that in your 2-3 year.

It is hard work, but if you prepare a good marketing plan, stick to it, not listen to office gossip, there is no reason why you can not accompish that goal and maintain it over a long period of time.

A lot of what you will be doing is selling yourself to others. just about all mortgage brokers have the same loan programs, but the one that are the most successful are the ones that sell themselves better, make contact with lots of people,
organizations and maintain contact with them through postage cards, email, or other means of keeping in contact.

You might also want to farm and area that you can get and identify with. Talk to your title officer about this. Find an area of approximately 3000-5000 homes. You may expand later if you so desire.

You must find a system to maintain contact with your former clients so that you can get repeat customers as well as referrals from those that you have done a good job for.

You have to assemble a team of people that you can work with in your business, like a Real estate agent, appraiser, accountant-CPA-Tax preparer, title officer, notary public, attorney and others that you find that will assist you in conducting your business and that you can trust and be comfortable with. They should also be willing to pass out your business cards for people that are looking for some one that need your services. You should also pass out their business cards to anyone interested in their business. If this can not be done fine someone to replace them, this is a two way street. This is your professional team, you should contact them at least once a week by phone or in person.

I hope this is of some use to you, good luck.

"FIGHT ON"

2006-06-21 08:51:44 · answer #2 · answered by Skip 6 · 0 0

of course, with the work experiences alone, you already got an edge

2006-07-05 01:51:52 · answer #3 · answered by Anonymous · 0 0

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