(No Ratings Yet)
Loading ...
I Want To Become A Real Estate Loan Processor, What Classes Do I Need To Take?
Readers Question:
-------------------------------------------
Do you have a real estate related question that you need answered? No problem, if you would like to ask the webs best real estate license community a question, visit our real estate questions page and fill out the form to the right.
I’ve made up my mind, I’m going back to school. I am interested in learning more about real estate because I know
that by the end of 2008 I will buy my first home and hope to invest in real estate.
-------------------------------------------
Do you have a real estate related question that you need answered? No problem, if you would like to ask the webs best real estate license community a question, visit our real estate questions page and fill out the form to the right.
December 9th, 2009 at 3:08 am
Personally, I think you need a lobotomy.
It is one of those overworked, over stressed, under appreciated, UNDER paid jobs in life.
December 9th, 2009 at 7:01 am
Go talk to a loan officer in the real estate loan department in a bank before signing up for classes. A standard business course aimed at finance might be more likely to get you the curriculum you want. Most RE courses are geared to get you into Real Estate as a salesperson or broker, not a loan officer.
December 9th, 2009 at 1:02 pm
I can understand where unisberk is coming from, but its all about where and who you are processing for. Some brokers/lenders just give you a base salary with no performance based pay. The broker I work for pays processors both a base salary as well as pay for each loan they process and close. I’d be willing to bet that our processors make more than most starting loan officers at many other lenders/brokers. Just my 2 cents worth…
Your best bet would be to look around for established brokers in your area. I will tell you that the mortgage market is very soft nationwide, so the likelihood of these companies looking for additional employees may be low. However, if you can get in with an established broker and we have another refi-boom like in 03-04, you’d be looking at making some serious cash if you can get performance based pay.
December 9th, 2009 at 1:10 pm
Ask anyone who has already invested in a house; no matter which country they belong to.
December 9th, 2009 at 6:57 pm
You don’t need classes. You need a job with a lender. I did have a real estate license before I started loan processing, but that was rare. Just start applying at banks and lenders.