02-May-2010
Posted by : Oleg
I am interviewing for a F&I position right now with an auto dealership. I don’t have much if any experience with auto sub-prime lenders and lending. However, I have been in the mortgage industry and have worked as both a loan officer, analyzing credit and assets of individuals and shopping sub prime lenders to find the best deal and also worked for a lender and qualified sub prime borrowers to fund their loans.
My question is: are these jobs similar? Is analyzing credit and qualifying borrowers for auto loans the same or similar to qualifying people for mortgage loans? Are a lot of the terminology and concepts the same?
01-May-2010
Posted by : Oleg
I am interviewing for a F&I position right now with an auto dealership. I don’t have much if any experience with auto sub-prime lenders and lending. However, I have been in the mortgage industry and have worked as both a loan officer, analyzing credit and assets of individuals and shopping sub prime lenders to find the best deal and also worked for a lender and qualified sub prime borrowers to fund their loans.
My question is: are these jobs similar? Is analyzing credit and qualifying borrowers for auto loans the same or similar to qualifying people for mortgage loans? Are a lot of the terminology and concepts the same?
01-May-2010
Posted by : Oleg
I have an interview with a mortgage company tomorrow hiring a loan officer. The owner mentioned he typically hires for commission only, but has in the past and considered a small base salary plus commission to get started.
The Economy: Rates are historically low on mortgages, home prices are low, but banks are not lending.
Do you think I could make money? I have 7 years sales experience. How much do loan officers make?
19-Apr-2010
Posted by : Oleg
I am a new Loan Officer and was wondering on how to bring in people who wants to refinance, get pre-approve or do home loans either thru emails or something?
11-Apr-2010
Posted by : Oleg
Category : home loan
Tags: buyer, currently, find, First, grants., home, Loan, officer, process, time, trying
I have grants from a first time home buyer program within the city of Houston and I am needing to find a loan officer that can help me. I have called several and they no longer or do not know how to process these grants.
11-Apr-2010
Posted by : Oleg
but he told me that even if i have good credit the best i can get is 6.5 interest rate for a 30 year fixed home loan that then I can buy points or something like that to lower my interest rate is that right?
02-Apr-2010
Posted by : Oleg
i want the definition of mortgage broker & mortgage loan officer.
02-Apr-2010
Posted by : Oleg
I’ve been successful in sales for 8 years and I now plan to become a mortgage loan officer in WA state.
01-Apr-2010
Posted by : Oleg
I am interviewing for a F&I position right now with an auto dealership. I don’t have much if any experience with auto sub-prime lenders and lending. However, I have been in the mortgage industry and have worked as both a loan officer, analyzing credit and assets of individuals and shopping sub prime lenders to find the best deal and also worked for a lender and qualified sub prime borrowers to fund their loans.
My question is: are these jobs similar? Is analyzing credit and qualifying borrowers for auto loans the same or similar to qualifying people for mortgage loans? Are a lot of the terminology and concepts the same?
01-Apr-2010
Posted by : Oleg
I am interviewing for a F&I position right now with an auto dealership. I don’t have much if any experience with auto sub-prime lenders and lending. However, I have been in the mortgage industry and have worked as both a loan officer, analyzing credit and assets of individuals and shopping sub prime lenders to find the best deal and also worked for a lender and qualified sub prime borrowers to fund their loans.
My question is: are these jobs similar? Is analyzing credit and qualifying borrowers for auto loans the same or similar to qualifying people for mortgage loans? Are a lot of the terminology and concepts the same?
