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San Diego Mortgage Employment, Questions for You, the Loan Officer
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By Carlos Aguilar

I have often felt that there are 2 types of mortgage companies and deciding which one you want to work for depends a lot on your goals and what you want to accomplish with your mortgage career. The first type of mortgage company will never teach you to be anything more then just a glorified telemarketer. While this can be a great platform to get your foot in the door and get a start in the mortgage business it is often hard to learn much other then being a glorified telemarketer.

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The second type of mortgage company is my favorite and is the ideal situation if you want a career in this industry. It will truly test your skills and help you learn the business from start to finish. This will allow you to create value for yourself and be a very knowledgeable and successful loan officer. I often tell new recruits that I would rather teach you how to fish then to feed you fish. It is pretty easy to understand that you will be more successful when you know more. This allows loan officers to become less dependant on the mortgage company they work for and more dependant on the knowledge they have gained. I am never worried about a loan officer leaving and working for someone else because most companies are like the 1st example.

Here are several questions you should ask when you are thinking about working for a mortgage company,

-How ling have you been in business and where do you see your company in 5-10 years?

-What is the best asset you feel you have within the company, what makes you click and give you the desire to come to work everyday?

-What systems do you have in place to help your loan officer

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This entry was posted on Friday, November 17th, 2006 at 3:10 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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