After the application of a home loan, you will receive two documents, a loan estimate, and closing disclosure. On the surface, these documents are identical but they both serve slightly different purposes. Up Next: Expenses To Expect In The First Year Of Homeownership Here is what you need to know about the differences between these […]
Find the Right Kansas City Mortgage Company for You
You’ve made the decision to be a mortgage loan officer. Now it’s time to find the right job. Seeking employment with a Kansas City mortgage company starts with online research and network outreach.
Bigger Doesn’t Mean Better
You don’t need to work for the biggest company in town to make money. Instead, focus on companies that have an outstanding reputation for customer service. Mid-size Kansas City mortgage companies typically have a better personal relationship with their employees because they treat their loan officers as individuals rather than just another salesman. Also, keep in mind that working with a local institution can be extremely beneficial if underwriting, processing, and closing are completed in-house. You won’t have to wait for answers from an out-of-state party. The loan process and general communication will be more direct and streamlined.
Training & Resources Are Essential
Proper training will help you become more aware of the company’s programs and expectations during the loan process. Training should not cost you anything unless dealing with an optional or specialized program. The Kansas City mortgage company you select as a future employer should also offer:
- Continued education with access to industry-related webinars and guidelines
- Company sponsored marketing
- Access to the latest technology and loan origination platforms
- Membership to local and national Mortgage Bankers Associations
Work Environments Should Be Positive & Proactive
Working in a positive, proactive environment helps enhance your overall production. You should feel comfortable and confident going to work on daily basis. In addition, layoffs can cause morale and faith in the company to drop significantly. Look for a Kansas City mortgage company that retains its employees and avoids over-hiring in busier months. You don’t want to take a job where you may not be needed in the near future.