Loan Agent also referred to as: Loan Officer, Loan Originator or Mortgage Loan Broker

A Loan Agent is a person who helps clients locate money to borrow and assists them with many objectives including filling-out the required loan application and the additional paperwork necessary in order to process their clients loan.                   
                                                                   
When working for a bank in most cases a person would be hired as an employee and would be limited to offering only that institution's loan programs to their prospective clients. As an employee it would not be necessary to obtain a real estate license. 

Today, Most individuals entering the field prefer to work with a Mortgage Company. Their attraction is that they provide their loan agents with a greater array of money sources through various private and institutional lenders. This allows a loan agent to qualifiy more clients. By being better able to meet the needs of a greater number of prospective clients this helps their agents develop a more lucrative career and provides the company with a greater income potential.  In most states, if representing several money sources, it is necessary to acquire a Real Estate Sales Agent License.


Click on this link to get information on obtaining a ... Sales Agent License

To learn more information about the career first you may click here...Loan Agent Career