Mortgage Loan Originator
Loan officer career opportunity at Gustan Cho Associates. Pursuing a career as a mortgage loan officer can be a rewarding choice, offering the potential for good earnings and the opportunity to help people achieve their dreams of homeownership. Here's a concise guide on how to become a mortgage loan officer:
Basic Requirements: To begin, you must be at least 18 years old and possess a high school diploma or GED. It's beneficial to have a background in finance or real estate, but it's not mandatory.
Education and Licensing: You'll need to complete 20 hours of pre-licensure education approved by the Nationwide Multistate Licensing System & Registry (NMLS). These courses cover federal law, ethics, and lending standards.
SAFE Exam: After your