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Wednesday, May 26, 2010

Loan Officer?

i live in san jose, california. I%26#039;m 17 years old and thinking about becoming a loan officer once i turn 18 and graduate high school. i want to work part time since i will be going to college full time. i know that some industries/companies/firms are willing to train and help u get the license. will i have to go seek the clients or will the clients come to me. will i be able to make about $1000 working part time.



Loan Officer?

It all depends on where you work. Loan officers get paid on loans they do and not by a salary. So the more loans you process the more you get paid. No loans processed you get nothing. Bigger banks such as BofA and Wells Fargo will train you and help you get your license. They also help by sending you to locations where they are doing showings such as new property and are partnered with the location to be the only ones who can do loans for that location.



Loan Officer?

Depends on what company you work for. I know some Loan Officers that just sit and wait for clients and others that go out and find them.



When you go to these firms, you do the interviewing not them.



Good Luck

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