Mortgage and Loan Officer Opportunities

Have you ever thought about getting a side job so that you can make ends meet? If so, then you might be interested in becoming a mortgage or loan officer. You can find out more about the opportunities at Eagle Home Mortgage and see if this is something that might be a good fit for you. These jobs are ones that will also put you in a position to help people when they need it.

What a Mortgage Loan Officer Does

Loan officers at credit unions and banks are typically a sort of mascot for the financial institution. Their job is to take the completed application from the hopeful borrower and then hand it to the professionals in the underwriting department.

Here is a little-known mortgage loan officer secret, though – independent loan originators generally give the borrower better service. This is because they advise the borrower of the loan that would best suit their needs as well as gathering the documentation throughout the entire process and even ordering an appraisal and being in direct communication with the underwriter(s) to make sure that the loan does get approved.

What Does a Loan Officer Make?

If you are looking to nail down an exact figure for the salary of a loan officer, think again. They can vary greatly. The median salary back in 2014 was around $62,500 while top earners made about twice that. Those who were at the bottom of the pile made about $33,000. Most loan officers get paid by commission so nailing down exact figures is a pretty tough thing to accomplish. If you are looking to become a loan officer, the best states for that job are Colorado, Florida, and New York.

There are other ways to make money when you need it too, though. Let’s take a peek at some of them.

If you Need it, Make it

When you don’t have any money, times can be hard. Due to any set of circumstances, you might find that you have little to no cash until the next time you get paid. What can you do about that? Do you have any options? There are actually a few things that you can do to get ahold of some cash when you need it. Some are sustainable, while others…not so much. However, they might give you what you need until the next paycheck makes its appearance. Here are some things to do when you need money.

Garage Sale

We all have stuff that piles up in our closets, attics, basements, storage units, etc. Just gather the things that you are no longer using but that someone else might find a use for. This could be stuff like old computers, phones, pieces of furniture, books, unopened gifts, clothing, etc. If you have the time and money for wrapping and shipping, you might try to sell these things on eBay. If not, but you have no time or space for a garage sale, you might try sites like Craigslist or apps like 5 Miles. If none of those options is appealing, try a garage sale. Whichever suits your needs best.

Odds and Ends

You might also consider taking out a title loan on your vehicle if you don’t already have a lien on it. You could always donate your blood or sperm too. Getting a quick job can also be helpful… think fast food or a grocery store here. You might also try to renegotiate your debt or even ask for help from friends or family members. Lastly, if you know how to type and use your brain, you could always try your hand at freelance writing as a last resort.