Home mortgage consultant

[Nick Vondrachek]

Hello,

I am looking for an entry level job out of school that aligns with my long term goals to reach financial freedom and have a strong passive income stream from real estate investing. I am strongly considering starting my career as a mortgage consultant to learn applicable skills that will teach me about that part of the real estate investing industry while building relationships with many key players that will help with my business. Is this a good career move right out of college? My primary goal is to make a solid amount of money while learning everything I can about particular aspects of the industry. 

Would love to hear some insight from those with experience doing a job like this, the opportunities for advancement, and if working a job like this helped with your real estate investing business.

-Nick

[Eric Schleif]

Nick,

What do you mean by " home mortgage consultant"? I'm assuming you mean working in large bank's local branch arranging home loans for bank clients. 

I would suggest narrowing your search to banks that lend on their balance sheet and service their own loans. You will have the opportunity to be exposed to much of more of lending and asset management side of the business. I started as an entry level loan administrator in a bank like this and was able to move around to other departments and really gained an understanding of the whole business.