Posted by wes on February 01, 2004 at 09:31:24:
Maybe yes but maybe no.
“Some” lenders will not do loans with loan officers of brokerage firms they do business with. That whole “arms length transation” thingy…
Even happened to me purchasing my own home.
Any advantage becoming a Loan officer? - Posted by Navy
Posted by Navy on February 01, 2004 at 08:22:07:
Any advantage becoming a Loan officer? Can we get my loans approved by myself being a loan officer? I know it is a stupid question but is there any advantage to it?
Re: Any advantage becoming a Loan officer? - Posted by Bryan
Posted by Bryan on February 01, 2004 at 13:40:33:
I’m a loan officer and I have to have someone else do the paperwork on my deals. Instead of keeping you in the loop on investments it keeps me too busy to invest.