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Do you know of any good loan officer schools ?
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How do I become a loan officer?
You can get training to become a loan officer at your local college. It is a very sought after career.
Do banks offer special training programs for individuals who want to be a loan officer?
Each individual bank will typically offer some basic training. But for the most part you should have taken some economics courses beforehand.
What are some loan companies in Vermont?
Some loan companies in Vermont include the Vermont Loan Broker in Burlington, Vermont; the Home & Loan Center in Rutland, Vermont; and the New England Federal Credit Union in Williston, Vermont.
Where could I attend training to become a loan officer in Houston?
The loan company that you will be working for will be able to provide the training. This is often a mix of both classroom as well as web based training.
How can one get a loan officer license?
Becoming a loan officer required a high school education and an ability to deal with customers. Most mortgage companies will offer courses for becoming a licensed loan officer. When you complete the training offered by the mortgage company you take an exam and from obtain your license. You can also receive training online, one such site for this training is http://www.campusmba.org/CertificatesandDesignations/SpecialistsDesignations/clo.htm.
What is the difference between a loan officer and a loan processor?
A loan officer is the initial point of contact to start a loan. They will gather all the information from the borrower and discuss various loan programs offered. The loan processor takes all the information and verifies through documentation in order for the loan to go be passed off to an underwriter who will make the decision to approve or deny the loan.
Where can I find mortgage loan training?
Loan Officer School offers such a program. They have their own website. Here's a link: http://www.loanofficerschool.com/pages/home/
is being a loan officer a hard job and how long is the training ?
It is not very hard, but you do have to experience in finance and customer service. You will be able to do a lot of on the job training.
What education should one have if one wants a loan officer job?
To qualify for a loan officer job one needs a high school diploma, a bachelors degree in finance or economics and complete some on the job training. One can apply for such jobs on Monster.
Can I get a loan officer license online?
You can take the courses to be a loan officer online. Most schools are accredited, but you still will have to take the national test to be a certified loan officer.
What does it take to be a loan officer?
Loan officers are generally associated with banks, financial institute who offers loan to customer. Loan officer directly originate loan from the financial institute for the customer.
