Loan officers advise first time home buyers to get pre qualified for a loan and to find out how much their homeowners insurance will be. There are down payment assistance programs that loan officers can tell you about. People with loan officer jobs know all about loan origination fees, tittle and settlement fees and home owners association fees. People who have loan officer jobs are experts on how to buy a home and are happy to give tips on what you should do before you buy one. For instance, home loan lenders advise that the home buyer do a property search and evaluate the different homes they are interested in. Give the home a rating, from one to ten as soon as you take the tour. Be sure you list it on paper. You can compare your different ratings easier that way.
Once you find the home you are interested in, be sure you ask about the first time home buyers program and if you a veteran, ask about VA home loans. Various loan officer jobs can be found in each of these categories. Loan officer jobs are helping people get into homes to get the economy going again. In California, the home sales rose 25.2 percent in 2012, as compared to October 2011. FHA home loans accounted for much of the home buying activity. The Federal Housing Administration insures FHA home loans. People can go to school to get into the home loan job sector and still make a decent income today.
In order to find out more about loan officer jobs, people can conduct a short search online. If you have a Bachelor’s degree in Business you can qualify for an exciting career in one of the loan officer jobs that are available today. For instance, loan administrator jobs are available where the loan administrator evaluates whether a home buyer qualifies for a home loan. Business loan administrator jobs are another category to get into when thinking of loan office jobs. Loan underwriters are also involved in preparing loans for people who are home buyers today too.