How to become a qualified Mortgage Banker

Hi Hanth,

Mortgage banking is being regulated by federal and state laws enforced by the concerned authorities. If you wish to be a mortgage banker, you need to check with your state authorities for the required education and training.

You can approach the Mortgage Banker's Association for the certification of a mortgage banker. Also, refer to the US Department of Labor website to find out more about the qualification and nature of work of a mortgage banker or loan officer.

Thanks.

To work as a mortgage banker you need to have license to operate. Please go through the following pages to know more about it:

http://www.mld.nv.gov/Overview.htm

http://licenseinfo.oregon.gov/index.cfm?fuseaction=license_seng&link_item_id=1732

http://arcweb.sos.state.or.us/rules/OARS_400/OAR_441/441_860.html



Miller