How to Become a Mortgage Loan Officer?

Answer Loan officers help people procure loans for houses and businesses, among other things. Mortgage loan officers help people buy houses and other types of real estate. The education requirements can v... Read More »

Top Q&A For: How to Become a Mortgage Loan Officer

What is a mortgage loan officer commission?

A mortgage loan officer is typically paid by commission as opposed to salary. For each loan that closes, the mortgage loan officer receives a percentage of the profit to the mortgage company.Signif... Read More »

How do I get a mortgage loan officer license in North Carolina?

List of Required ItemsComplete 24 hours of prelicense training. Twenty hours must be live classroom work or the equivalent as designated by the SAFE Mortgage Act. Four additional hours of classroom... Read More »

Is it better to get a shorter loan mortgage term or prepay on a longer loan?

On One Hand: Short Tem Mortgages Tie Your Hands.A short term mortgage forces you to spend more money on your house payment than you would under a longer term loan. This means that there is less mon... Read More »

Is it Better to Get a Shorter Loan Mortgage Term or Pre-Pay on a Longer Loan?

There are many benefits to listed job descriptions. It makes it easier to fill the position and gives employees a clear description of what they would do on a day to day basis if hired. However, th... Read More »