Loan Officer Gustan Cho
Loan OfficerForum Replies Created
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Great 👍 information Jimmy. All our loan officers at Gustan Cho Associates are instructed to run an initial soft pull before pulling a tri-merger hard pull to make sure everything is in order and correct any potential errors.
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Jimmy, if you haven’t been on the WHY NEXA CALL WITH CEO MIKE KORTAS, IT IS LIVE TODAY AT 1 PM CDT
https://www.zoom.us/j/4802285442
zoom.us
Join our Cloud HD Video Meeting
Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars across mobile, desktop, and room systems. Zoom Rooms is the original software-based conference room solution used around … Continue reading
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Kelce, please join us on WHY NEXA With CEO Mike Kortas this afternoon at 1 pm CDT
https://www.zoom.us/j/4802285442
zoom.us
Join our Cloud HD Video Meeting
Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars across mobile, desktop, and room systems. Zoom Rooms is the original software-based conference room solution used around … Continue reading
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To learn more about career opportunities as a commercial loan officer, please visit https://lendingnetwork.org/commercial-loan-officer-career-opportunities/
lendingnetwork.org
Commercial Loan Officer Career Opportunities
Lending Network, LLC offers commercial loan officer career opportunities with no experience to select goal oriented individuals.
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Vermese, it was a very hectic day yesterday. My apologies for the delayed response. Please ask any questions you like. I like to discuss Q and A on this forum because I get to answer similar questions to all loan officer candidates at once without repeating myself. Thank you for understanding. Also, if you want to take the 20 hour pre-licensing school, I highly recommend you contact Angie Crippen at OnCourse Learning. She will go over everything you need about getting your NMLS license, the courses you need to take, and the practice exams. If you go through this link, you will get a discount. I do not take affiliate commissions and rather give my affiliate commissions toward those ordering licensing materials and practice tests to get your NMLS licenses. The very best to you and your future endeavors. I am sure you will have additional questions during your mortgage loan origination career path. https://gustancho.com/mlo-license-school/
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There are certain states that have distance to residency requirements. What this means is that you need to live within 75 miles to a branch office where you will be sponsored by. However, Texas does not have that requirement. You can be licensed in Texas and be sponsored by corporate in Chandler Arizona or our branch in Oakbrook Terrace Illinois. Therefore, you can live in Texas and be licensed in a handful of states like California, Arizona, Oklahoma, Illinois, Florida, Alabama, Alaska, Hawaii, Washington DC, Vermont, Connecticutt, Georgia, North Carolina, North Dakota, South Dakota, Iowa, Minnesota, Virginia, Rhode Island, Montana, Oregon, Washington. States with distance to mortgage company or mortgage branch requirements are Wisconsin, Maryland, New Jersey, Nevada, Tennessee, Missouri, to name a few.
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Prior experience is very helpful and even more experience than education. For example, it would help if you are experienced in customer service, servicing customer accounts, and solving problems. Work experience is very important. You are entrusted with a lot of responsibilities, financials, and trust so character is important. You cannot have a felony conviction in the past seven years or fraud conviction ever. Certain states like Texas are very anal when it comes to prior credit history. If you have a lot of outstanding debts, you may want to explore filing bankruptcy instead of pay old collections and charged off accounts.
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Ronda, modular homes are much nicer than stick built homes and you can’t tell the difference.
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You do not have to be licensed to become a commercial loan officer. Commercial Loans are not regulated like residential loans
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