How to Become a Loan Officer – What else to do? – know everything here

You have most of the qualities that loan officers need, but not all of them. Loan officers must have excellent listening and critical thinking skills, and must be service-oriented. Employers usually hire candidates with a bachelor’s degree in finance, economics or a related field. The median annual salary is $63,430. Before you make your next move, learn more about being a loan officer.

10 Steps to Becoming a Great Loan Officer!. If you are not already a loan officer; I do not recommend this profession unless you absolutely love sales and problem solving.. know them better.

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Steps to Become a Loan Officer. This is especially true for individuals who do not have a bachelor’s degree and are seeking employment out of high school. Aspiring loan officers can establish themselves in the field by seeking employment in a variety of settings, including customer service, banking, and sales.

Completing Education and Gaining Experience. 1. Earn a high school diploma or GED. Earning a high school diploma, or earning a GED, is the first step toward become a loan officer. Try taking math and accounting classes, if available, to lay the foundation for the tools you will need to be an effective loan officer.

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The Basics. At the very minimum, loan officer training programs require a high school degree (or equivalent), advanced coursework in math, economics, business finance, and even job experience working as a teller in a bank. Outside of this, there are colleges (both physical and online) that offer courses specific to becoming a loan officer,

Learn how to become a mortgage loan officer or a mortgage loan broker.. If you are tired of working for someone else, you might want to become a loan officer.. Everything I wanted to know was in your book, and because of it I was able to get into the business much sooner that I expected.".

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Some 44 million people in the United States are similarly saddled with student loan debt, owing nearly $1.5 trillion..

The Insider’s Guide to Being a Loan Officer By Ameen Kamadia Ameen Kamadia is also known in the mortgage industry as The Millionaire Loan Officer. Over 33,482 loan officers, mortgage brokers, and bankers read his Mortgage Magic newsletter. He is the author of several books including Jump Start Your Mortgage