Mortgage lending is an exciting career. A home purchase or refinance is one of the biggest financial considerations most people ever make, and as a mortgage loan originator, your job is to educate and guide borrowers through the process from application to closing. It is a fulfilling way to earn a living and help others at the same time.
What Makes Someone Successful in Mortgage Lending?
- A love of working with people
- Sales ability
- Excellent communication skills
- Strong analytical skills
- Ability to problem solve
- Excellent attention to detail
Employment opportunities for commissioned mortgage loan originators will grow about as fast as employment opportunities in general, according to the Bureau of Labor Statistics. The mortgage market is very sensitive to interest rates, which means job opportunities may decline during periods when mortgage interest rates are rising.