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Can You Make Good Money As A Mortgage Loan Officer?

Question by Nicole S | Posted in Renting & Real Estate

I distinguish that there is money to made in the real estate feild....as of fact now I know the market will be slow.
But, how much does a typical mortgage officer perform home?

Some people say that they are poor and make NO money,

Answer: Like many other commision pay jobs (and most mortgage officers are paid commission) it depends on where you live out and what you put into it. I know someone who was a top seller in another field but went more than 6 months without making anything as

 
 

How Much Does A Mortgage Loan Officer Make? Is It A Good Job?

Question by C | Posted in Financial Services

I have an meeting with a mortgage company tomorrow hiring a loan officer. The owner mentioned he typically hires for commission only, but has in the before and considered a small base salary plus commission to get started.

The Curtness:

Answer: Avg. Remuneration: 42k$

50 Salaries registered here:
http://www.whatsalary.com/us/wages/MORT GAGE-LOAN-OFFICER-T4154.htm

 
 

What Percentage Does A Mortgage Loan Officer Make From The Sell Of A Home?

Question by teamwewin | Posted in Renting & Real Estate

I was only curious, when a mortgage loan officer sells a home what percentage of the selling cost does the loan officer keep for his commission?

Answer: Mortgage Loan officers do not suppose anything from the SALE of a home. They make a certain percentage of the amount of the mortgage loan on the Pay for of a house.

The percentage of commission varies from state to federal and from lender

 
 

How Do I Find A Job As A Mortgage Loan Officer Without Any Mortgage Experience?

Question by dre_gh | Posted in Renting & Real Estate

I currently travail in a distribution center, and i have a bachelors in economics and psychology. I am interested in becoming a mortgage loan officer so i took a 24 confidence hour course in residential mortgage lending but unfortunately i haven't been

Answer: I in the final analysis suggest looking around at different careers websites, such as horror.com, in addition to checking out our careers page (I’m an employee of Energize Loans).

Don’t worry about your lack of experience. At many

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How Do I Build A Successful Career As A Good Mortgage Loan Officer In A Down Housing Market?

Question by KEVIN Z | Posted in Renting & Real Estate

I have recently become a mortgage loan officer in the DFW enclosure. There is not a lot of experience in my office. Any advice where I can get assistance to survive this retail? I would be happy to learn how to close at least one loan per month then build

Answer: If I was a loan officer, which Im not, I certainly would start my unaccustomed in the field that currently needs more experts in. In my opinion I would hunt for to start in the field of loss mitigation on existing loans preventing foreclosures and if

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