What are the day-to-day operations of Loan Processor?

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As an experience Loan Officers, what advice can you give to me about your profession? I am very interested in working as a Loan Processor but I am also curious of what “real skills” does it take to work in a Mortgage Loan Office. Whom should you build a close working relationship with? I know the essential people would include a Mortgage Broker license, underwriter, loan consultant, document drawer, etc. but what else is needed besides a large capital.

“real skills” = things that are not included in the job description

1 Comment
  1. Reply
    Santa Barbara
    January 29, 2011 at 6:23 am

    You have to be able to answer the phone well and sell people on different type of loans. You should have a great financial background, ability to use excel, and a financial calculator.

    Also, you should be able to save money when times are good, and be ready for bad times, because that is a cyclical business.

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