Loan Officer Certification

Whether your friends needed to buy candy or wanted to play video games you were the one who had saved up his allowance and could loan it out with a little interest.
Loan officer certification. In todays competitive loan marketplace career training can make the difference between professional success and failure. To be a loan officer youll need at least a high school degree and some experience with math economics and business. This 20 hour ny safe comprehensive mortgage loan originator course is designed to meet the core criteria established by the safe act for national mortgage loan originators including three hours on federal lending legislation three hours on the critical topic of fair lending and ethics and two hours on nontraditional lending products. They may specialize in mortgage commercial or consumer.
We offer several loan officer training opportunities with our live webinars to help you succeed and increase your business opportunities. Loan officer certification options. A residential loan officer will assist a borrower with purchasing or refinancing a home while a commercial loan officer will assist a borrower in purchasing commercial real estate office buildings malls etc that will be used solely for business purposes. Loan officers help businesses and consumers secure financing for purchases or investments.
As a loan officer youll work at a financial institution like a bank credit union or lending company and help individuals and businesses apply for loans. Some banks and mortgage companies require loan officers to hold a bachelors degree so it can about four years to qualify for these jobs. How long does it take to become a loan officer. Training can be an expensive investment for companies and individuals alike.
Loan officer training programs and requirements. Mortgage webinar training for loan officers. Find out how to become a loan officer. While we provide unique and affordable solutions particularly with our textbook and loan officer training as a consumer there are some things to consider.
Ever since you were a child you were the one that people came to when they needed a loan.