Mortgage Career
Loan officer training teaches how to facilitate the home lending process by seeking potential clients and helping them apply for a loan
Imagine a career helping people obtain the necessary financing to purchase their first home or dream home. This is the mortgage lending career. Buying a home can be one of the most exciting, yet overwhelming, times in a person's life. By gathering and evaluating information on your clients' current financial status and explaining the features and benefits of the different loan programs available, you will ensure they select the programs that are best for their situations. Hondros can prepare you with the information you will need to become a mortgage broker.
Did you know?
- According to the U.S. Census Bureau, the rate of homeownership in the United States has grown to 68%.
- In addition to helping their clients obtain financing for the purchase of a new home, loan officers also help their clients to refinance existing loans.
The Mortgage Lending Career Choice is a Popular One!
Look at the facts according to the US Department of Labor's national statistics:
- Average income: $57,400-$76,860
- 327,800 jobs in 2008
- 28,000 annual openings
- 10% job growth rate
- 7.2% work part-time