Loan officers, can you describe a typical day at the office?

Answer 1

I walk into the office, pull credit to see who qualifies for the loan. Next I make 2 stacks. The first stack is turn downs. The other stack is qualified applicants.

At that point I work up estimates for those who qualify, then sometime after lunch I begin calling people back to tell them what we can offer.

I also call back my turn downs which is the hardest part of the job. Sometimes I am able to advise them on minor changes in their finances that would make them eligible and other times I am not able to help them at all.

In between all this:
I am meeting with prospective investors.
I am meeting with new clients.
I am gathering pertinent paperwork for other loans.
I am maintaining & updating my Free For Sale By Owner website