Are you interested in becoming a Loan Officer? (What You Want To Know Wednesdays)
Are you interested in becoming a Loan Officer?
What is a loan officer? A loan officer (LO) is also known as a Mortgage Loan Originator (MLO.) An LO works for a lender and their specialty is to recommend individuals for loan approval. An LO is the main point of contact between a borrower and their lender. They will explain the loan approval process to the client, and obtain all necessary documents for pre-approval. They provide support to the borrower during the process. This career has the unique benefit of being able to get to know a variety of different people, and you get to help them realize their dream of homeownership.
What are some benefits to becoming a LO? One of our LO’s, who is also a veteran in the mortgage business, Lindsey Ramirez says, “I love it!!! I love helping people with their home loan financing needs and it really offers a flexible schedule which gives me more time to spend with my family and take care of my daily responsibilities. There isn't a price you can put on helping people find their dream homes! I love building my client relationships and trust. Knowing I am doing a good deed always puts a smile on my face! I have never been happier in the mortgage business then I have being a Loan Officer. “
Another one of our LO’s, Robin Holzman, also enjoys the flexible schedule, helping families get into homes, and making a difference in their lives.
To become a LO you must obtain NMLS credentials. The process includes a background check, pre-license education, a credit check, and a national exam. Mountain West Financial offers a free Loan Officer Academy online course. This course gives you an overview of what its like to be a Loan Officer and the job includes.
To check our LO Academy please visit: www.mwfinc.com/loacademy
Interested in working for Mountain West Financial? Please visit: www.join.mwfinc.com
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.
