Everything you need to jump start your career and earn your Loan Officer License!
Known in the housing and finance industry as mortgage loan originators or MLOs, mortgage loan officers are professionals tasked with helping buyers find houses and finance plans that are perfect for them. Typically, mortgage loan officers work as the primary
The mortgage loan process can be scary and overwhelming, especially if you’re a first-time home buyer. You probably realize you have to submit a lot of paperwork and that the lender will be digging deep into your finances, but what
Obtaining an NMLS number is no simple feat. There’s a lot of time, money, and paperwork involved but there’s still more to do after you pass the test and are a part of the system. Some of the things that
Loan Officer Job Many believe you must have a bachelor’s degree in finance, accounting or economics to become a loan officer but this isn’t the case. Sure it looks good to have these designations and it might give you a
Now that you got your NMLS license, there’s still some work to do to maintain it and become an established mortgage loan originator or mortgage broker. Did you know that you have to renew your license every year? It’s true!
A Mortgage Loan Officer (MLO) plays a vital role in helping consumers buy a home or open a storefront for their business. There are plenty of reasons why this is an exciting field to get into. First of all, once
Anyone who has passed the National Mortgage Licensing System exam (NMLS) knows that it takes some seriously hard work. You have to study a lot for the national test and if your persistent you’ll become one of the many successful
A loan officer is a person who acts as the middle man between money lending institutions (such as banks) and borrowers. If you want to get a loan to purchase a home, then a loan officer, such as a mortgage loan
Although there are many people involved in the process of assisting a borrower in securing a mortgage for real estate, perhaps the most vital person in the whole mortgage lending operation is the mortgage loan originator (also known as a
Most Real Estate Agents Become Loan Officers When most people become real estate agents, they do it to help people find the homes of their dreams. But actually finding the home is only half of the battle. After the