As a lender, you will say it a lot: Homeowners are required to purchase homeowners insurance to protect themselves and the lender from losses should the home be damaged. But did you know it can affect a client’s mortgage and other aspects of their homeownership?
You want to pursue a career as a loan officer, congratulations! This high-reward career is perfect if you want to help people achieve their dreams of homeownership in addition to having a stable, flexible job. But what are the requirements and qualifications of a loan officer and how do you get them?
You hear the term “mortgage loan officer” a lot, but what does that mean and what do they do? Could this be a viable career for you? Let us go over the basics of what a mortgage loan officer is, their job responsibilities, and what it takes to become one.
As a real estate agent, you need leads in order to find prospective clients and do business. Thankfully, there are plenty of ways to come by leads honestly and raise awareness for your services. Remember: When generating real estate leads, it’s important not to spread yourself too thin. Having too many feelers out at once […]
Selling homes as a real estate agent can be an exciting and lucrative career. For those who dream of becoming a real estate agent, here are the steps you need to take: Get Educated To become a realtor, you must first educate yourself on the world of realty and understand that becoming a real estate […]
You have gone through the necessary education and steps to become a qualified loan officer. You have even found a reputable mortgage company in which to work. You know there is a lot of hard work ahead of you and are looking for ways you can succeed as a loan officer and help your clients […]
Do you want to help people find the home of their dreams? Are you detail-oriented and can self-manage your time and schedules? Are you driven to excel and be the best you can be at your job? Do you have an outgoing personality? If so, pursuing a career as a loan officer may be for […]
Getting the right applicant approved for a Kansas City home loan is a lengthy, detailed process. As a lender, you will need to review their mortgage application carefully, along with a myriad of other documents, in order to determine if they are low-risk and able to repay the loan. Here are the factors you need […]
Beginning July 1, 2017, credit bureaus like Equifax, TransUnion, and Experian will no longer collect tax lien and civil judgement information in order to calculate credit scores – especially if the information doesn’t provide complete details on the consumer like their name or date of birth, and public records aren’t checked for updates every 90 […]
As a loan officer, you will get clients who are looking into buying a home, be it their first or second, and find that financing isn’t available to them. Therefore, it’s up to you to help them find viable alternatives. For a potential home buyer, a wrap around loan offers a way to get into […]