Two things that will always remain the same are that people like having a roof over their head and most the time we the people don’t have enough cash sitting around to buy that roof over our head outright. Although, the mortgage industry has seen its fair share of ups and downs there will always be a need for this multi trillion-dollar industry. The constant cycle of people buying their first home or refinancing their current home aren’t going anywhere.
So, what does that mean for people considering a career in the mortgage industry? For starters, it means that there is job security. There may be times when business is rolling much better than others, but that is like many jobs.
I also understand that people jump to a conclusion and wonder what if the market crashes again. In another article we can chat more about this, but I will go ahead and tell you that the restrictions and guidelines placed on the mortgage industry are made to prevent a 2008 situation from happening again.
There are many different roles that somebody can take in the mortgage industry, such as a loan processor or underwriter, but for the purpose of this article we are going to focus on the loan officer position.
When people hear the title, loan officer, they immediately feel threatened. If we are being honest, the name does put on a controlling tone that may not be as welcoming. That is why a loan officer can also be known as a loan advisor, loan consultant, loan friend. The truth is that a loan officer is really the salesperson for a mortgage, but not your stereotypical salesperson.
Their sole purpose is to find out what is the best option for the borrower and make sure they trust them to take care of one of the most important decisions people will make in their life. Honesty and understanding will go a long way in this profession. We all can agree that working for the public is not always the easiest thing. Especially since people have a tendency to forget how to treat other people. That being said, let’s discuss a few of the perks of being a loan officer…
#1 MONEY! MONEY! MONEY!
Compensation for a loan officer may vary, but at Direct Lenders, LLC the pay is based on commission. Although commission can be intimidating, the money is very good. If you work hard and are known to be a producer, then being a loan officer is a great fit. Your potential earnings are endless.
#2 Work Anywhere, Anytime!
That’s right! As a loan officer you can work from anywhere if you have access to a phone and a computer. This offers great flexibility to travel more and spend more time focusing on your priorities in life. The best way to succeed in the industry is to be present for agents and borrowers at any time, but if you are a strong communicator and know how to put in the work then you will be successful.
#3 Reap The Rewards!
Most people search their entire life for a purpose. As a loan officer you can change peoples’ lives forever. You get to help first-time home buyers achieve a dream that isn’t possible without financial support. Additionally, you get to provide stability and open new possibilities for people by helping them refinance their home. At Direct Lenders, LLC we know how important buying or refinancing a home can be and that’s why we help our loan officers change peoples’ lives forever.
If you made it to this point in the blog, then I’m guessing you may be interested in a career as a loan officer. There are many companies out there, but I can assure you that none will value you and support you as much as Direct Lenders, LLC. Give us a call today at (877) 455-0440. Come visit us at 1600 Kennesaw Due West Rd, Ste. 610, Kennesaw, GA 30152. If you are ready to apply, then click here and let’s get to know each other a little better.
Top 3 Perks