Need Clarification on Life as an MLO

General
1

Good evening…

I’m a 27-year-old guy who just finished the 20-hour course and is now studying for the MLO license. I’m trying to figure out what a typical day looks like for a Mortgage Loan Originator. What’s the work-life balance like, and what kind of pay can someone expect when just starting out?
:stuck_out_tongue:
I’ve heard that some people are leaving the industry because of a lack of business, which makes me a bit nervous. But I’m really motivated and plan to put in the work with a good mentor once I’m licensed.Any tips or advice from those who’ve been in the field would be awesome!

Your efforts will be appreciated… :wink:

2

Meeting with potential clients to assess their financial situation, homebuying objectives, :wink: and preferred loan type.

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Helping clients fill out mortgage applications, :roll_eyes: collect required documents, and verify their information.

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:saluting_face:Assisting clients in getting pre-approval letters to make their offers more competitive in the market.

5

Keeping up with the latest mortgage rates and trends.
:thinking: Evaluating market conditions to offer well-informed advice to clients.

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:saluting_face:Going to industry events and conferences to stay updated and grow your professional network