How to start a career in the mortgage lending industry
The mortgage lending industry is witnessing a strong demand for skilled and licensed professionals and if you are looking for a rewarding career, it could be a great fit.
Working as a loan officer can be a satisfying and well-paying career path which offers numerous growth opportunities.
Loan officers help consumers find the most suitable mortgage lending plans and services to meet their financing needs.
MLOs are employed by financial institutions like banks, credit companies and private lenders.
Did you know that skilled and experienced loan officers can earn as much as $150K or more annually? Plus, you can get the flexibility to work remotely and define your own working hours too.
If this sounds like a professional dream come true, now is a good time to embark on a journey to becoming a licensed mortgage loan officer in the U.S.
To get started, you must complete the NMLS (Nationwide Multistate Licensing System) eligibility guidelines and qualifying requirements.
NMLS is the licensing and regulatory authority which is in charge of issuing and renewing licenses to professionals in the mortgage lending industry.
To work in the mortgage lending industry and assist consumers, you must obtain a mortgage loan originator license.
Getting a license will require you to complete 20 hours of mandatory pre licensing course credits from a NMLS approved education provider.
Clickhere to learn more about choosing the right MLO license course to meet your learning needs.
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