Blog: Can You Get a Job as a Mortgage Loan Originator With No Experience?

Blog: Can You Get a Job as a Mortgage Loan Originator With No Experience?

Author: Corrina Carter
Date: 02.04.22
Read Time: 3 Minutes | Blogs
Location: Virginia Beach, VA

As the US foreclosure rate decreases, the demand for more Mortgage Loan Originators rises. It's never been a better time to begin your career as a Mortgage Loan Originator (also known as a loan officer).
There are many great reasons to become a Mortgage Loan Originator.

• Annual earning potential is upwards of 6 figures.
• Schedule is flexible.
• Alternate between working in the office or remotely from home.
• Helping people and families buy homes.

The finest aspect of the work is being able to assist someone in achieving their goal of having a beautiful house. Purchasing a home is one of the most significant purchases a person will ever make in their life. It's up to you to lead people through the process of purchasing a house.
Starting your profession as a Mortgage Loan Originator sounds appealing, but how much experience is required to do so? A high school diploma or GED equivalent is necessary. You don't need a four-year degree, but having one in business or finance is advantageous.
Search for an entry-level position with a bank, financial service firm, or lending institution to work your way up if you haven't worked in the business sector before. On-the-job training is the finest approach to learning about the finance sector.
You need to be licensed through the Nationwide Multistate Licensing System & Registry (NMLS). If you’d like to get a leg up on the competition, complete our loan officer certification or take a look at our portfolio of resources.

For More Information Contact Us.

Business Basics

Blog: Can You Get a Job as a Mortgage Loan Originator With No Experience?

Author: Corrina Carter
Date: 02.04.22
Read Time: 3 Minutes | Blogs
Location: Virginia Beach, VA

As the US foreclosure rate decreases, the demand for more Mortgage Loan Originators rises. It's never been a better time to begin your career as a Mortgage Loan Originator (also known as a loan officer).
There are many great reasons to become a Mortgage Loan Originator.

• Annual earning potential is upwards of 6 figures.
• Schedule is flexible.
• Alternate between working in the office or remotely from home.
• Helping people and families buy homes.

The finest aspect of the work is being able to assist someone in achieving their goal of having a beautiful house. Purchasing a home is one of the most significant purchases a person will ever make in their life. It's up to you to lead people through the process of purchasing a house.
Starting your profession as a Mortgage Loan Originator sounds appealing, but how much experience is required to do so? A high school diploma or GED equivalent is necessary. You don't need a four-year degree, but having one in business or finance is advantageous.
Search for an entry-level position with a bank, financial service firm, or lending institution to work your way up if you haven't worked in the business sector before. On-the-job training is the finest approach to learning about the finance sector.
You need to be licensed through the Nationwide Multistate Licensing System & Registry (NMLS). If you’d like to get a leg up on the competition, complete our loan officer certification or take a look at our portfolio of resources.

For More Information Contact Us.