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mortgage officer salary range

February 29th, 2008 by admin



mortgage officer salary range
Does anyone know anything about mortgages Topdot?

I was offered a position as a loan officer (mortgage never done before), but their fees seem a bit high. Ranging from 10k-40k per loan. My job is to call potential clients and close the deal. They offer a 25% commission on fares, but no base salary. I hate my current job and usually stops and take the new I do not know if I can trust him. Ive never worked outside the Committee's pure and it scares me. I think identification is nearly a telemarketing Mortgage seller. What do you think?

Do not work! I used to hire these people for another large corporation mortgage and the return is more horrible. They will try to paint a picture that will make big money and easy, but it is not. There may be 1 or 2 hot leads, but the rest will be for cold calls (telemarketing). It may be 1 in 100 are over $ 100K. In addition, he has a chance of being within 6 months, in addition to being a bad time to enter the mortgage industry, things are very slow at this time. If you load batch rate – meaning they take advantage of people who have bad credit and a bad situation. This promise they can not solve the situation, but in reality it more in the long term. It will make it difficult to sleep if you have a conscience. Good luck!

Should you pay off your mortgage first?


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