I hated being a loan officer so I took a loan processing course online & got my certificate. Now, I've been looking for work with no results. There are hardly any entry level positions because most of these companies want experience in this field. Also, it seems the mortgage jobs have slowed down since the summer started. Does anyone have any suggestions? Does anyone think mortgage jobs such as loan processing will pick up soon?
2006-07-02 17:03:49 · 4 answers · asked by tabby_prpl 1 in Business & Finance ➔ Careers & Employment
If you were a loan officer you should know of the housing slow down, they aren't going to hire in this market, if anything, they are letting people go. And no, don't think it will pick up soon with rates rising and people losing houses left and right. I just don't get it, with experience as a loan agent you shouldn't have trouble being a processor, in fact, I can't imagine why you took a course to become one. But, you are in for a struggle finding a job in this market.
2006-07-02 17:11:17 · answer #1 · answered by MadforMAC 7 · 0⤊ 0⤋
no i dont think they will pick up... you probably want a new line of work... as you konw the housing market in many areas has signifigantly cooled as the fed has started raising interest rate to combat inflation... Not a good time to be a loan officer or any profession to do with loans
2006-07-02 17:05:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You must be getting a bad reference from your former employer. A mrgt originator stepping down to a processor should have no problems.
You should be more than qualified..to process loans and put files together.
2006-07-02 18:28:56 · answer #3 · answered by cutienoz 3 · 0⤊ 0⤋
in case you're reliable with numbers, workplace work, project fixing its no longer troublesome to alter right into a private loan officer. reckoning on the place you reside you're able to be able to require particular courses. it is not comparable to place to place. A degree in agency administration or finance is a reliable start up. you additionally can get expert designations. some employers will hire you and practice you themselves. some circumstances the interest could be annoying. you have objectives you desire to fulfill. at times human beings could be annoying. at times you certainly need to help some one out and you're able to be able to't there is often opposition. yet as I mentioned above in case you like numbers project fixing workplace work and human beings its a reliable interest! reliable luck!
2016-11-01 03:02:26 · answer #4 · answered by ? 4 · 0⤊ 0⤋