I work in the mortgage industry and I am about to get laid off, I live in the san bernardino, as u might know, sellers were asking for HIGH sales prices and now it seems like everything is soo slow. My question is: What kind of job can I get or might be suited for with a Loan Officers/Managers Asst./Loan Coordinator.
Please dont say mortgage field becuase it is SLOW everywhere. And a loan officer is commission only, I prefer salaried. Serious answers please
2006-10-11 13:50:36 · 6 answers · asked by Justme 2 in News & Events ➔ Current Events
I have been in the mortgage industry for 5 years
2006-10-11 13:51:18 · update #1
Well, maybe work for a beauty supply store. They are soo much fun, I am sure you will have a pay cut but at least you will have fun
2006-10-12 07:18:27 · answer #1 · answered by Photographer 6 · 0⤊ 1⤋
move while you can. California, New Jersey, and NY taxes and other costs are rediculous the realestate is very slow here in NJ too. I still am trying to sell my house and it is still on the market 1 year six months now. the interest rate is climbing and the real estate to too high. if you are ready to get layed off, I would start looking for a job now. look everyware this way here you have enough time for when the time comes you have found a suitable job if not better than the one you have now. if you wait then you may have to settle for anything. look everyware. in your case I would look into anything with sales.
2006-10-12 00:03:34 · answer #2 · answered by Kristenite’s Back! 7 · 0⤊ 0⤋
the chicago mercantile exchange has recently introduced multiple products for managing risk in the real-estate field-both residential and commercial. options on real-estate to be specific. this technically gives players the ability to speculate in real-estate without ever having to take control of physical property. they can even make money if prices fall given the correct play. to me this is a potential gold-mine. actual homeowners can hedge their homes' value. where and how to educate people on the potential these products have? what firms or companies will be the first to begin talking with their clients about these risk management tools? guess there was no job suggestion there...good luck?
2006-10-11 14:03:44 · answer #3 · answered by elpadroni 1 · 0⤊ 1⤋
Have you thought about working at a regular bank in the loans department? I heard Washington Mutual's a great place to work, quite relaxed compared to BofA...or Bank of Satan, shall I say.
2006-10-11 15:56:11 · answer #4 · answered by olliebee 3 · 1⤊ 0⤋
Go to banks and other finance companies.
2006-10-11 14:03:37 · answer #5 · answered by starting over 6 · 0⤊ 0⤋
you can always camp out on the beach
2006-10-11 19:28:47 · answer #6 · answered by acid tongue 7 · 0⤊ 0⤋