I want to becom a loan processor and don't know where to start or where to look. Please refer me to some good sites or the basics need to learn what I need to know.  Thanks.
122608
Just a high school diploma or ged...after you apply they train you for the position
421685
The business of lending is a dense one and should be researched properly. To get started, I suggest contacting the Small Business Administration (SBA). Entrepreneur also offers a great site dedicated to money & finance – see below for both.\n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the process. Here are some book titles that are relevant:\n\n* How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan (Small Business Series, No 1) by Bryan E. Milling\n* The SBA Loan Book: Get A Small Business Loan--even With Poor Credit, Weak Collateral, And No Experience by Charles H. Green\n* The Insider's Guide to Small Business Loans by Dan M. Koehler\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
417426
Dear friend i hope this website will clear all your doubts regarding the loan\n\nhttp://www.nutch4.com/onlineloans.html
73359
Becoming a loan processor, depending where you work, is not considered menial pay. Your friend can easily make, with monthly bonus, 40K- 60K a year. If your friend is making more than this as a loan officer, then I wouldn't leave. I do not believe I have seen a first year U/W make 60K +.\n\nAs far as training, I have not seen much out there. I have seen self study sources such as www.schoolofmortgagelending, but I would say the best thing that can help him be an underwriter is to know his loan programs, guidelines, and be able to read an appraisal and title. This is all the information that is ALREADY at this finger tips since he is a loan officer.\n\nAlso, if you want to learn more about U/W, then treat your processor WELL!!!!!! (lunches or cash on the side)
583764
Definitly go with a fixed rate first mortgage..\n\nAs the other responses tell you, you will simply borrowing against your property that you own free and clear. It will be considered just a new first mortgage (refinance). \n\nYou definitely do not want a Home Equity Line of Credit..even though every LARGE bank in america tries to advertise and SELL these loans, they are a bad move for any borrower. Not only are they bad for your credit, you will have a much higher interest rate.. Banks try to SELL them to people because they make much more money on a equity line of credit..\n\nI would also advise that you work with a nationwide lender that has a portfolio of investors. The reason i say that is becasue if a loan consultant can shop your loan for you among their many investors, you will get the best possible loan program for yourself. What i mean by that is you will get lower fee's, lower rates, and faster service...\n\nMy name is Jason Fry, and I am a loan officer with Providential Bancorp, a nationwide mortgage lender. I'd be happy to assist you in a refinance, or at least be able to let you know exactly what YOU QUALIFY FOR. You can then make a more informed, and educated decision whether it would be the right move for you. \n\nFeel free to give me a call at 312-264-6448, or \nyou can email me at Jasonf@providential.com.\n\nThank You,\n\nJason Fry\nProvidential Bancorp
48274
From what I can tell this is actually a fairly basic Access program (unless you want it to automatically calculate interest), however it seems you are asking how to build the whole thing; something that would take too long to explain here (I would also need additional information). \n\nI would suggest using an online tutorial (the one below looks pretty good if you have Access 2000) to learn how to use Access. This way, you can build your program however you want--since you are the only one who knows exactly what you have in mind.
10393
Credit: What it is, why it's important, how to maintain good credit, protecting yourself from credit fraud, etc\n\nMaybe lump it into a big "Personal Finance" course encompassing checking, savings, retirement plans, doing your taxes, credit, rent, credit cards, student loans, car loans, etc etc.\n\n[edit]\n\nThese may seem like easy concepts to some people, but there are alot, and I do mean alot, of people out there who have no idea about these things.  Many companies exploit this ignorance to make big profits.
425425
You have 2 loan purposes.  You may get a signature loan or a collateral loan to pay off small debts.  But I think you need a business start up loan for the business.  SBA or SCORE have a great business program to help you write up the plan to ask for a loan.\n\nOr you can meet with a venture capitalist.  My brother had a great idea for software and got a million dollar offer for investment.  It didn't go through but you don't give up if you have true vision.
260757
I get 100% loans for credit scores that low all day long.  Like a previous person said, you'll have split it into two loans (80% and 20%) and should opt for the ARM.  \n\nUnfortunately, I'm only licensed in PA.  \n\nYour best (and possibly only) bet is to contact a local mortgage broker out of the phone book.  Check out and bookmark my blog to learn all about home financing and what mortgage brokers do: http://explaintome.blogspot.com\n\nWhether you can get a 100% loan depends on all the other factors besides credit.  Do you pay your rent by check?  Can your landlord verify that you paid 12 payments on time?  Do you have 2 years work history in the same line of work?  Do you have some extra money in the bank as reserves just in case you fall on bad times?  Do you make enough money to support all your current debts plus this new payment, including taxes and insurance?\n\nThose are the questions you can discuss with your mortgage broker to get yourself financed.
433867
That is an awesome price for a computer!! Hands down. In truth, a celeron processor isn't the best BUT it depends on what you're going to use it for. Regardless you can not beat that price! That is amazing!! Ha, you could sell it for 4 times that on EBAY!!
529381
You can talk with your university about getting a computer loan. I had several friends that got their computers this way and didn't have to pay back the loan until they graduated.
641156
You are now into an industry where you need to work, work, work and work. Really, Mortgage business are getting more harder day by day as the Interest rate are rising like anything.\nBasically mortgage business is a referal business but most of the Loan officers do not get refrences in the beginings. So they left demotivates.\nAccording to a survey 80% of the loans are closed by 20% of the Loan officers and the rest 20% of the Loans are closed by the other lest 80% loan officers.\nSo to get a good start there are thousands of ways all you need to be is hard working and of course smart worker.\nI can get you couple of ways where you can start closing loans in just a small span of time.\n1) Start mailing your flyers, this is one of the way you can use in the begining. Target around 3000 homes in your area and hire few kids to distribute some flyers there and let everyone know that you are a new LO in this area. Also you can mail these flyers and do remember to leave your Name and phone number here. This way can really help you but it takes alot of time, because you get a call back from just 1-2 out of 100 that you just to say HI and if they need something they will contact you.\n2) The Second and the best way you can use for the beginers. Buying leads- You can buy leads from good telemarketing companies who generate leads for different Loan officers. The biggest problem with this is they sell the same leads to several loan officers and when you call the customer they already got numerous calls from other companies. But there are some reliable companies who can provedi you quality leads and ofcouse these will be give to you and only you.\nSo find out some one who can get you virgin leads and you can start closing loans soon.\nGood Luck
568658
Depending on the information contained in your work and credit history, many banks,credit card and finnancing companies will consider  special or non-traditional applications.\nThere are goverment agencies that can provide loan gaurantees for small business or education.\nYou can consider going to family and friends. If you can secure even a portion of the needed amount it may help you if and when you approach a lending institution.\nYou may also consider asking your employer.\nRemember that there are special government loan programs for person's with disabilities who wish to start a small business.\nFinally, professional associations, alumni associations, social service clubs are all potential loan sources for members.
40265
You need to have excellent credit for those kinds of loans. I suggest you shop around several banks, and lendingtree.com\nYou may qualify for a low downpayment not as high as it would be normally. Just shop around and make sure you have a couple thousand saved up for closing cost and a downpayment.
334693
I found there is a great free report at:\nhttp://www.first-time-homebuyers-loans.com\nthat is really helpful.\n\nIt will point you in th right direction.  From there you will know what questions to ask and what to look for.\n\nHope that helps,\n\nGreg S.
446546
Most major computer makers (Apple, Dell, HP) have financing available, as do retail stores such as Best Buy and Circuit City. Your best bet is to decide what kind of computer you want and apply for credit directly from that company.\n\nKeep in mind that you may only qualify for a low credit limit (under $1000) and the interest rates on these types of accounts are usually very high (20-30% annually). However, if you don't qualify for a regular credit account from your bank, it may be worth it to you to pay the extra fees in order to get a computer.\n\nBe sure to read the Terms & Conditions carefully before opening an account, and check coupon sites for discount codes or special offers that can be applied to the purchase of your system. (If you're a student, you may also qualify for an education discount.)
636968
Hey here's a whole blog filled with tons of useful information regarding federal loan consolidation and student loans. All kinds of info there, hope it helps:) http://federal-loan-consolidate.blogspot.com/