Work-at-home Business For Real-virtual Loan Officer
Friday, November 03, 2006
I got the work-at-home bug myself as a telecommuting pioneer
for my then-employer, one of the country's largest banks when I
went from my native New York City to Southern California back in
1993. Once I stayed around for one big banking merger too many,
I was left searching for something new to do that was still
home-based, but actually let me earn a living.
It's taken me a few years to perfect the winning combination of
what I do, as I believe that successful self-employment is doing
a few things that together, get you to your desired income
level. One of the many hats I wear is that of a Mortgage
Consultant. It's a lucrative, flexible, home-based business
where a dedicated first-year sales professional can make
$50-$100K.
Now mind you, I was a traditional Loan Officer before, earlier
in my self-employed life for over three years. But that
business model left me burnt out and swearing I'd never do
loans again. Then a new spin on the industry came my way, and
it's one that I think more work-at-home professionals should be
aware of. The Virtual Loan Officer.
Not all Virtual Loan Officer situations are created equal. I've
investigated several companies thoroughly over the last year,
and here's what I believe is ideal in a company you would seek
to work with:
1. A thorough ongoing training and coaching program.
2. Mentors that are easily available and will gladly answer
your questions.
3. An opportunity for you to participate in the mortgage
industry right away without having to have a huge amount of
knowledge.
4. The ability to do both residential and commercial loans of
all credit grades nationwide.
5. They are a mortgage banker rather than a mortgage broker (a
banker can do direct funding of loans, a broker never actually
has money to lend).
6. They have back office staff to handle the "grunt work",
paper-chasing, aspects of loan deals, so that you can focus on
sales, prospecting and customer service to have higher sales
volume and make more money.
7. The ability to do business nationwide legally with proper
compliance and the highest ethics.
8. Full-time and part-time work-at-home options.
9. An opportunity for you to grow into management roles for
additional career growth and income.
10. Minimal start-up cost.
So in summary, it is definitely possible to make
professional-level income, legitimately working from home with
the flexible work-life balance that means everything to you.
And I believe being a Virtual Loan Officer is one of the best
ways.
Copyright 2006 Melanie R. Jordan E-Publishing
About The Author: Melanie Jordan is a Mortgage Consultant and
runs a Loan Sales Mentorship Program that helps work-at-home
professionals get started and excel in the mortgage industry,
and learn to build and manage their own loan sales teams to
earn residual income http://www.MakeMoneyInLoans.com
posted by Dennis Cheesman @ 6:49 AM,
