How much does a mortgage loan officer make? Is it a good job?
I have an interview with a mortgage company tomorrow hiring a loan officer. The owner mentioned he typically hires for commission only, but has in the past and considered a small base salary plus commission to get started.
The Economy: Rates are historically low on mortgages, home prices are low, but banks are not lending.
Do you think I could make money? I have 7 years sales experience. How much do loan officers make?