The Life of Mortgage Banking – The making of a Professional Loan Offic
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Earl Huses' Real Estate Series
Being the Best of the Best in the Mortgage industry is not easy, it requires many elements to success and one key factor to success is the loan officers. The Life of Mortgage Banking – The making of a Professional Loan Officer today must be a professional. The cannot be the “want-to-be" loan officers who only work part time, once or twice a week and expect the same privileges as the hard working professional. There are a lot of the want-to-be loan officers and there are a lot of mortgage companies who will hire them because they feel the more loan officers they have, the more loan that will close. This is not always the case. Most of the time loans are lost because the want-to-be loan officers demand so much time from processors, underwriters and management that they cannot function properly and cannot close the important loans that are the “bread and butter" business of a mortgage company.