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Im learning to become a mortgage loan officer and i do understand that i will not be successful immediately since im new to the business. My question is, Should i keep my current job and do it part time, at the same time promoting it? or what is suggestion?

2 Thoughts on Question for Experience Mortgage loan officer?
  1. Reply
    Leo E
    February 1, 2014 at 4:17 pm

    Yes, thats the way to go about it.
    If you are going to be self employed in the mortgage business you need to really dedicate time to it. Part time just doesn’t work for me. Right now, it is probably not the best time to get in that field; but then again it all depends on what kind of sources you have in order to get leads. If you already have the connections and work with somebody with a large pipeline’, I’ll go fulltime.

  2. Reply
    Dave M
    February 1, 2014 at 4:58 pm

    You’ll usually get in return what you put into something. In this soft market it is a great time to study material, guidelines, FHA, negotiating skills, etc. You want to learn and sharpen your skills to be prepared when you speak with clients, referral partners and peers. Can you do this part-time? Maybe. Of course, 8-10 hours a day would allow you to immerse yourself completely.

    If you have current obligations and bills, you might be better off to keep your current job and learn as much as you can “part-time”. No matter what, realize that it’s a true profession and not something you can or should try to “wing”. Remember, you would be dealing with most people’s biggest financial obligation/investment.

    Good Luck!

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