For those in the business, because so many people bought the option ARMs etc, do you feel it is a good time to become a loan officer to assist these people?
2006-12-12 03:41:58 · 4 answers · asked by loaner 2 in Business & Finance ➔ Careers & Employment
Well the refinance boom is over but they are people who have arms and balloon payments trying to refi to get a fixed rated. Also the rates are going down and the prices of homes are going down to so there's a lot of people that's going to purchase/sale homes next year.
2006-12-12 03:56:08 · answer #1 · answered by gloried 3 · 0⤊ 0⤋
I'm not a loan officer, but my opinion is no. New mortgage loans pay a lot more than re-fis and new loans are dropping like a rock due to increasing interest rates. Also these new loans can be difficult because people can't qualify.
2006-12-12 11:44:24 · answer #2 · answered by kramerdnewf 6 · 0⤊ 0⤋
I say yes just do it
2006-12-12 13:41:26 · answer #3 · answered by pattibcacl 6 · 0⤊ 0⤋
absolutly!!!!
2006-12-12 11:44:54 · answer #4 · answered by Take My Advice 2 · 0⤊ 1⤋