What do you approaching most and lowest possible more or less one a mortgage loan officer/broker?
Answers:
I love being competent to match people to a suitable loan.
I dislike these young at heart hotshots who put everyone on an A.R.M. loan. I had two widows on social security come to me lately that are going to lose their homes because some big shot kid put them on adjustable arms. I cannot help them, but I did check and both hot shots are no longer in the business.
One of the babyish hotshots was the ladies own son.
I love the endless mixed bag. I love the feeling of satisfaction I touch helping people make their dreams of home ownership come true. I love the interaction beside all of the people who concordat with all of the puzzle pieces that generate up a mortgage loan. I love figuring it all out so that it make sense for my borrower and knowing that I have empowered them to trademark informed choices. I love that my earning potential is limited lone by how hard I am willing to work.
I antipathy being lumped in one and the same group as those unethical and uncaring few who prey upon the consumer for their own financial gain. I antipathy it when the media misleads the public with not exact or sensational "sound bites". Source(s): 20+ years as a direct mortgage lender
I like helping people nouns their first homes and educating them on the home buying process. Anyone who is in the industry or who has bought a home know what I mean. For those of you who don't, it can be the single most confusing purchase you will ever make (if you don't own a good broker explaining things to you). More things go into the purchase of a home than anything else (ok, except commerical purchases....but I digress....). I don't close to surprises at my closings and strive to avoid them at all costs. This means my clients know what happen, what is happening, and what will happen throughout the process.
What I close to the least? Hearing about the useless, greedy, and repeatedly ignorant loan officers out in attendance who scam people. If you don't understand what your loan officer is unfolding you - and he/she can't or won't explain it to you - go to a different loan officer. Source(s): I'm a mortgage broker and a realtor.
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