You've discovered how interesting the mortgage industry can be and you've now decided that you want to know how do I become a loan officer.
Becoming a loan officer is a choice that can lead to a very robust income if you are diligent in applying yourself to this endeavor. The first thing you will want to do is to check with your state and see what the licensing requirements are, as each state may have a little different need beyond the national requirements.
If you need direction on locating your state's contact information, start at our licensing page.
Loan Officer Training A hallmark of a good loan officer is great preparation, achieved by excellent loan officer training. Loan officer training is required for knowing how to take a loan application properly, how to read and understand credit reports, and how to prepare your loan documents for underwriting.
Choose your loan officer training course from one of the images you see below or one of the recommended courses from the list at the bottom of this page.
Loan Officer MarketingEqually important, though necessarily after the loan officer training for the basics, is loan officer marketing. Some of the things you'll absorb through loan officer marketing training are how to get referrals from Realtors, how to work with Builders, and how to establish a profitable referral relationship with Financial Planners.
Without workable loan officer marketing techniques, you may be the smartest loan officer in town but you'll be sitting at an empty desk wondering where your prospects are! It is imperative to learn how to generate mortgage leads on a consistent basis.
For loan officer marketing products, take a look at some of the images you see here or one of the recommended courses in the list below.
Still Wondering How Do I Become A Loan Officer?If you are still wondering how do I become a loan officer, many of the answers can be found in the courses and products you see here. Alternatively, you can choose "Loan Officer" and your state in the "Professional Development" section of the Find Training search box at the bottom of this page to see some of the other options we have available.
#1 FHA training course in the country! Used for state continuing education in all 50 states, and even used to train HUD FHA staff! This 280-page training manual and CD resource guide comes with FREE UPDATES FOR LIFE!
This course gives you specialized training on how to utilize 203k loan programs and to market yourself as your area's 203k Consultant where you can hire yourself out to either explain what to do or charge a higher fee to do the work yourself.
With this training, you'll learn how to complete the necessary paperwork for submission to your lender, and how to build a business around the 203k and related loan programs.
Our FHA Ultimate Sales Tools CD is invaluable for developing marketing strategies, tactics, and skills needed to get, package, and close FHA loans. Includes the sought-after Power Point Realtor Presentation and a the most recently recorded live FHA Training Webinar for LO's. You'll learn how to structure FHA loans, how to package FHA loans, how to present the FHA application documents to customers, how to work with the credit report, and where to find FHA referral sources. You'll walk away with information you can apply immediately.