Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply

Looking at getting back to being a MLO
I used to be a loan officer awhile ago and left the industry to be in the military. Fast forward about ten years and I am leaving the military to start a civilian life. Heavily considering getting back into it on a part time/remote basis. I left with my nmls just expired but never had any issues regulatory wise. Likely could dedicate about 10-15hrs not including weekends to balance with my day job.
My questions are:
-Likelihood I can find a branch willing to sponsor a loan officer who is newly licensed? I'm willing to retake all the tests.
-I am seeing alot of remote/part time work for loan officers. Anyone have recommendations on it?
-Testing wise: I assumed id call NMLS, schedule my tests, study and pass. My license wouldnt be valid until I have a company who would sponsor me. Is there anything im missing here?
Eager to hear some honest advise. I know without a book of business to bring with me, new to the industry (experience will need to be refreshed), and only doing this part time means im not an ideal catch.
thank you in advance
-Alan
Most Popular Reply

@Andrew Alan Navarre Rhodes- definitely not a good time to get back into the MLO business