Article: Mortgage Banking: Is It For You?
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Mortgage Banking: Is It For You?
Are you quick with calculations and always ready to help people?
If you?re good with numbers and have great organizational skills, a career in mortgage banking may be a great idea. Most people who work in the mortgage banking field are residential or commercial loan officers.
A mortgage loan officer helps people get loans to buy houses or re-finance property they already own. A commercial loan officer may also handle mortgages, but for businesses and companies. Depending on the type of company the loan officer works for, hours can vary from a standard 40 hour week to more. Many mortgage banking professionals work on commission, so they may want to put in more hours, book more loans and earn more commission. Other mortgage loan officers work standard hours at a...
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