Friday, June 12, 2015

Is mortgage loan officer still a good job?


I am considering taking a position as a mortgage loan officer but a couple of friends and family members are discouraging me. They say that there isn't any money to be made in that business anymore. They say the housing market still sucks. They say that interest rates are going up (which is true). My thinking is that while it's obviously not going to be as easy as it was to make money in 2005-2006 with the new regulations and whatnot but there still has to be opportunity there. And even though the housing market may not be booming right now, it's not going to be down forever. What do you think? Is the mortgage industry something that should be considered? Or should I stay far away?

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