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Updated over 4 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Shawn C Steider
  • Specialist
  • Meadville, PA
3
Votes |
12
Posts

Becoming a Mortgage Loan Originator

Shawn C Steider
  • Specialist
  • Meadville, PA
Posted

I work at a chemical facility and make decent money. It's around like $35/hr, which can become like $80,000-100,000 when working overtime. This last summer I got hurt at work and was looking around for a back up career so I've recently been studying to become an MLO and am about ready to schedule the test. But now that I'm back to work I'm pretty nervous about trying to pursue this new career since I have a family to support and bills to pay. I am a capable person and think I could eventually make as much money as I do now, but it might take a few years of getting contacts and what if the market turns in that time? Does anyone have any experience in this field or switching to a commission only job from a w4 job that makes 6 figures?

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