Becoming a Mortgage Loan Officer

[Brad Cook]

I have been looking into a career change, and unfortunately with my financial situation I am unable to jump into REI. I have been doing research into becoming a loan officer to learn the financial/loan side of REI while also having a stable income to start my investing journey, but don't have the loan/banking experience that most banks or mortgage companies look for when hiring either an assistant or LO, if there's any info or advice as how I can get started or what to look for when searching for a job in this particular field.

[Devin Peterson]

Quote from @Brad Cook:

I have been looking into a career change, and unfortunately with my financial situation I am unable to jump into REI. I have been doing research into becoming a loan officer to learn the financial/loan side of REI while also having a stable income to start my investing journey, but don't have the loan/banking experience that most banks or mortgage companies look for when hiring either an assistant or LO, if there's any info or advice as how I can get started or what to look for when searching for a job in this particular field.

 Brad,

you don’t need any prior experience to become an MLO. Just pass your nmls test and find a lender broker to sponsor you. Don’t be fooled - if you’re looking for stable and realiable income, it will not come easy an MLO this is a plant the seed and farm the crop industry. But for the experience, hands down the best way to get involved and learn a lot.