Business & Finance mortgage

How to Become a Mortgage Lender

By Business & Finance Last updated Saturday, May/25/2024

1). If you do not know how to use a computer or the Internet, take college courses. A mortgage lender of today must be comfortable with using the computer and Internet.
2). Check with your state’s finance department to determine if a license is required for mortgage lenders. If a license is required, request information on the state’s specific licensing requirements. Follow your state’s requirements to become licensed.
3). Apply for a mortgage lender position at the mortgage department of your local bank, mortgage bank or mortgage broker. If you are in a state that does not require licensing, many of these companies may be looking for a mortgage lender trainee.
4). Take real estate mortgage and lending courses at real estate schools or colleges. Even if your state does not require licensing, the education will put you in a better position when being considered for a job.

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