A Career In The Mortgage Industry

Improved Essays
We all remember being asked, “what do you want to be when you grow up?”, at one point during our childhood. I remember the room being filled with tons of “teachers, police officers, doctors and sometimes a ballerina or two. However, I don’t ever recall hearing anyone scream “loan officer” when asked the question of a career choice. Working in the mortgage industry may not be one of the most popular or glamorous career fields, but once you get past all of the craziness, I can promise you that it’s one of the most rewarding ones. Seeing a client’s face light up when they’re handed keys to their new home is heartwarming, especially when I know what it took to get them to the closing table. Most people believe that securing a loan involves

Related Documents

  • Improved Essays

    No Initial installment Poor Credit Mortgage Loan - Why Utilize A Sub Prime Mortgage Moneylender? A home loan with no cash down and poor credit is doable. Luckily, different moneylenders have some expertise in mortgage loans for all credit sorts and circumstances. Sub prime loan specialists are novel and supportive. Finding a suitable sub prime loan specialist is simple.…

    • 406 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Private Mortgage Advisors, LLC is a mortgage brokerage firm that is located in Danville, California. This mortgage lending agency was established in 2004. Their loan options include purchase loan and refinance. Their purchase options include conventional financing, Federal Housing Administration loans, FHA 203k loan also known as a rehabilitation loan, fixed-rate loan, Veteran Affairs loans, and adjustable-rate mortgage loan. Private Mortgage Advisors, LLC delivers the highest class of service.…

    • 69 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    The secondary mortgage market is a huge piece of Americas real estate market. The secondary mortgage market allows bank to sell mortgages to certain investors and government lending agencies. This is where both Fannie Mae and Freddie Mac come into play. Although the names of both of these agencies sound similar there is one key difference between the two agencies. Let's look at what each of these agencies has to do with the mortgage and housing industry.…

    • 547 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    A super jumbo mortgage usually consists of financing greater than $1,000,000 for a purchase or refinance transaction, reports Mortgage 101. However, since super jumbo mortgages are not backed by any government agency, the loan limits vary by lender and region. Jumbo mortgages are any loan amount greater than $417,000, as of 2015. The government sponsored agencies Fannie Mae and Freddie Mac set the loan limits. Fannie and Freddie buy mortgages from banks and lenders and securitize the loans for investment purposes.…

    • 207 Words
    • 1 Pages
    Improved Essays
  • Decent Essays

    The housing bubble crisis of 2008-2009 was predominately due to the banks over extending customers on their housing loans. The process to originate a mortgage is one to show you have sufficient means to make the monthly payments. Bankers overlooked this part of the verification and granted people who could not afford the payments. Unfortunately, those people called their mortgage servicers explaining that they cannot make the payments.…

    • 359 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    Panam Mortgage is a mortgage lending agency that is located in New York City, New York. They also have an office in St. Petersburg, Florida. They're a full service mortgage broker. Panam Mortgage responds to and serves the needs of real estate professionals, builders, and individual home buyers. They also provide a special mortgage manager service for those who need to refinance their mortgage.…

    • 70 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Angela L. Kennedy, is the owner of Simplicity Financial Services, LLC she has been in the real estate/ finances industry for well over 20 years. She is passionate about both industries, right before the economic turn down; she saw the market trends changing and decided to seek a BA in Finance with a specialty in Financial Planning. She feels by blending both industries together, it allows her company to better meet the needs of her…

    • 76 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Who Is Jerry Maguire?

    • 1849 Words
    • 8 Pages

    Have you ever seen the movie, “Jerry Maguire”? It is a movie about the experiences of a sports agent and the adventure he goes through after losing all of his clients. After watching this movie, I was convinced that this was the career path for me. In choosing any career, one must ask the question, “Is the effort that you are putting into your goals going to pay off the way you want it to in the long run?” For example, when considering being a sports agent, success depends on taking initiative to do more than the minimum.…

    • 1849 Words
    • 8 Pages
    Improved Essays
  • Superior Essays

    Cosmetology Career Goals

    • 1257 Words
    • 6 Pages

    I have felt so confused and overwhelmed not knowing what I am going to do with the rest of my life. If someone has not already thought of this, they most likely will because the majority of people have to have serious questions based upon what they want to make a career out of. However, some people have always known what they feel passionate about and can make a career out of. Ever since I was young, I have always loved houses from interior to exterior and even structurally with floor plans. In third grade, I decided I wanted to be an interior designer and it was not until last year, my junior year in high school, that I figured out it would not be the best job field for me.…

    • 1257 Words
    • 6 Pages
    Superior Essays
  • Decent Essays

    I am interested in applying for the Real Estate Associate position that you currently have posted online. I have recently retired from General Electric after forty-one years and in ready to start my new career as an attorney. I started as a machinist apprentice with General Electric and took on roles of increasing responsibility in the steam turbine service and repair areas, retiring as a Senior Repairs Sales Manager. I would be bringing the same level of commitment and drive that served me well in my forty-one year career with General Electric to my role as an attorney. I completed my JD at Charlotte School of Law in May of 2012, after completing the evening program while continuing to work full time for General Electric.…

    • 181 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    While working as a Residence Director, I had the opportunity to work with a diverse student population, supervise, advise, monitor budgets, and implement programs to better serve students. As a Program Coordinator, I teach a workplace course for the Master of Science in Public Health Program. The students learn leadership styles and how to work with others. I also work with organizations to place students at internship sites.…

    • 103 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    To elaborate further on social cognitive career theory (SCCT), Hackett, Lent and Brown (2000) discussed strategies for which SCCT counselors should navigate through their clients’ career obstacles. First, Hackett et al. (2000) stated that SCCT focuses on the interaction of individual aspects such as self-efficacy, result outcomes, and future goals, and how those interactions contribute to career development (Hackett, Lent, & Brown, 2000). To begin their evaluation, the authors analyzed environmental factors from a SCCT perspective (Hackett et al., 2000). When examining career development through a SCCT lens, there are two major factors that influence it, (i.e., objective and observed environmental factors; Hackett et al., 2000).…

    • 910 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Real Estate is my passion! As a United States Air Force Officer, I traveled the world and experienced every type of “home” from living in the dorms, to living in traditional Japanese housing, to purchasing my first single-family home right here in San Antonio, TX. Since that time, my family has grown and we have moved two more times, buying and selling our homes each time. With each move I have become more and more fascinated with the process, interested in real estate, and excited in the possibly of finding my dream career. Since leaving the Air Force, I spent four years building a home-based business and 4 years working at the United States Naval Academy in management.…

    • 240 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    The Giant Pool of Money Analysis Every individual in the United States wishes to be a homeowner because owning a home is considered as the ultimate achievement by majority of the population and is a symbol of successful and fulfilling life (Grant, Rick). So in the early 2000s when individuals were provided an extremely easy way of getting a loan and buying a home irrespective of their job and background, majority of them grabbed the opportunity. But, this scheme of simplifying mortgage rules and procedures led to overvaluation of mortgages based on an assumption that housing prices will continue to escalate led to the financial crisis of 2008 (Blumberg and Davidson). One of the biggest issue during crisis was that the decisions made around…

    • 970 Words
    • 4 Pages
    Superior Essays
  • Great Essays

    The subprime mortgage crisis of 2008 continues to be a hot topic today because it still impacts the lives of people today. Consequently, there are many theories explaining why this crisis happened, who were key players, and who were negatively impacted. It is clear that subprime mortgages existed because it provided attractive returns however, these attractive returns came with extremely high risks that eventually did not work out in both the lenders and borrowers favor. According to Pajarska and Jociene (2014) the subprime mortgage crisis was caused by the credit boom and the housing market bubble.…

    • 1277 Words
    • 6 Pages
    Great Essays