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| *The Commerce Journal>>>Renting & Real Estate |
I want to become a real estate loan processor, what classes do I need to take? |
I've made up my mind, I'm going back to school. I am interested in learning more about real estate because I know Personally, I think you need a lobotomy. Go talk to a loan officer in the real estate loan department in a bank before signing up for classes. A standard business course aimed at finance might be more likely to get you the curriculum you want. Most RE courses are geared to get you into Real Estate as a salesperson or broker, not a loan officer. Well more than likely you wont need regular school classes, real estate/ loan processing and so forth have their own classes. mostly done with a bigger realtor establishment in your area, check with them and find out how many hours you need to take and how much they cost. You don't need classes. You need a job with a lender. I did have a real estate license before I started loan processing, but that was rare. Just start applying at banks and lenders. I can understand where unisberk is coming from, but its all about where and who you are processing for. Some brokers/lenders just give you a base salary with no performance based pay. The broker I work for pays processors both a base salary as well as pay for each loan they process and close. I'd be willing to bet that our processors make more than most starting loan officers at many other lenders/brokers. Just my 2 cents worth... Ask anyone who has already invested in a house; no matter which country they belong to. |
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