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Working for a Bank or Broker

There are many different types of financial institutions; banks, credit unions, lending agencies, brokers. Being a loan officer at any of these institutions will require a lot of hard work; however some may be better than others.

Most banks have fairly high standards when it comes to who they will grant loans to. Smaller banks will be more selective than larger chain banks that have considerably more financing. As a loan officer there will probably be pretty strict guidelines to follow; however, in most cases there is more stability. That is usually the first place that people will stop when … Read the rest