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[QUOTE=&quot;Banker, post: 549192&quot;]Hi there.. great to hear more people wants to get into real estate and lending related. I have over 25years in lending field. From what I know the loan officer is the lowest&nbsp; in the food-chain. But don't get me wrong, some of them know their game, and are making extremely good money. Just the honest ones are struggling( this goes across the board in the lending field). It is relative easy to gain the loan officer license. and easy to get into the position with very low base pay. Just walk into any financial institution, they'll pick you up as a loan officer without much questions. But you have to earn your keeps. meaning you will get paid more on the commission part. which mean, you need to 'some how' get more loans to be approved. The facts of life, people with money aren't going to get a loan and pay high interest. Only people without money-assets want to loans, but the banks/lenders don't want to lend to people without money-assets ( ability to pay back ). Thus to get more loans to be approved, you have to learn how to do magic. Go to those magic shows or you can watch it on TV or youtube.. how the magician changes cards/things around. Like the viewers, as long as the bankers/lenders believe the borrowers are rich, they will lend.To be honest, you don't even need to study to even to pass the license. There are so many corrupted examiners, just give them a few winks here and there, and an envelope with about $500. More than what they get paid for watching you.[/QUOTE]

[QUOTE="Banker, post: 549192"] Hi there.. great to hear more people wants to get into real estate and lending related. I have over 25years in lending field. From what I know the loan officer is the lowest in the food-chain. But don't get me wrong, some of them know their game, and are making extremely good money. Just the honest ones are struggling( this goes across the board in the lending field). It is relative easy to gain the loan officer license. and easy to get into the position with very low base pay. Just walk into any financial institution, they'll pick you up as a loan officer without much questions. But you have to earn your keeps. meaning you will get paid more on the commission part. which mean, you need to 'some how' get more loans to be approved. The facts of life, people with money aren't going to get a loan and pay high interest. Only people without money-assets want to loans, but the banks/lenders don't want to lend to people without money-assets ( ability to pay back ). Thus to get more loans to be approved, you have to learn how to do magic. Go to those magic shows or you can watch it on TV or youtube.. how the magician changes cards/things around. Like the viewers, as long as the bankers/lenders believe the borrowers are rich, they will lend. To be honest, you don't even need to study to even to pass the license. There are so many corrupted examiners, just give them a few winks here and there, and an envelope with about $500. More than what they get paid for watching you. [/QUOTE]

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