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Can I become a commercial loan officer at Lending Network LLC
If I work for another Mortgage Company besides Gustan Cho Associates, can I do commercial loans at Lending Network LLC? What are the benefits of Lending Network and Gustan Cho Associates versus working just at Lending Network LLC?
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5 Replies
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Hey Gunner. You sure can. All the available products. The problem is that some really great products are only available when it comes to commercial mortgages. Let me know if you what to know more. I’m happy to help.
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Agree with Bill Burg about become a loan officer without experience if you are committed like Bill Burg was. I met Bill in June 2017 when I was up in northern Wisconsin. Bill was a licensed real estate agent and he called me before he started his journey in getting a license. It is difficult to get a new job as a loan originator without experience but it is possible to become very successful and earn not just good but GREAT income like Mr. Burg. Very proud of what my buddy Bill Burg has accomplished in such a short time frame. It is called commitment.
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I have seen commercial loan officer training schools advertised for $5,000 to $50,000 for a 3 day to 7 day commercial loan officer training course. The commercial loan officer course seems reputable and not a scam fly by night thing. Are these commercial loan officer training courses legitimate and will I learn anything from it? I can afford the lower cost schools but I don’t want to get scanned. What’s the program like and how is the success rate. Anyone go through a commercial loan officer training program and become a successful loan officer? Any feedback would be greatly appreciated. Please email me at third-partypartners@protonmail.com or post here. Thank you
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Lilly. I have seen commercial loan officer training schools pop up more so now than ever. When you due your due diligence on which commercial loan officer training school to sign up for please do your due diligence before forking over your hard earned money. My good friend Danny Vesokie is a Managing Partner of Affiliated Financial Partners and he is someone I would recommend. I have known Danny Vesokie for years and he is extremely knowledgeable and honest. Danny Vesokie runs a 3 day commercial loan training program but the difference with Danny Vesokie versus others is he is available anytime for ongoing training beyond the three days. You can reach out to Danny Vesokie at Affiliated Financial Partners at danny@affiliated.com.
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Yes, all that is needed is to go through the hiring process, and you will be working as a commercial loan officer at Lending Network LLC! I also noticed that you can get commercial loans at Lending Network LLC even if you work for other mortgage companies, such as Gustan Cho Associates .
Advantages of Lending Network LLC
Commercial Loan Officers’ Training: Most training programs are tailored to train people new to this field or with little experience.
Referral Affiliate Member Program: When you refer a borrower to them, you can also get paid as a referral affiliate member and earn money once business or commercial loans are disbursed.
Leniency: They seek real estate professionals, accountants, and insurance agents for their commercial loan officer affiliate program, so they are lenient about who can join them.
Advantages of Working with Gustan Cho Associates
No Lender Overlays: One of the most appealing selling points of working with Gustan Cho Associates is that they have no lender overlays on most government and conventional loans, which broadens the type of clientele you can work with.
National Reputation: They give your career a good foundation because many have a reputation for closing loans that other lenders might not.
Lending Support: They also make it a point to practice what they preach by providing a lot of loan officer support and not only treating borrowers like a number.
Evaluating Both
Support Bearer and Family Member: Contrary to Gustan Cho Associates, which has training programs, the company emphasizes support and family-like culture more.
Opportunities Offered: Lending Network LLC flexes a little more than the other, allowing these professionals to join various teams. On the other hand, Gustan Cho Associates lets its loan officers expand their careers on a strong platform.
Ultimately, every decisive factor has merits and demerits depending on what the person plans to achieve in their career.
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