I was thinking of becoming a loan officer for a mortgage company. Can I make a lot of money doing this?
I would be getting a small draw against commission, 2k a month. The company says they do mostly subprime loans, so there are always sales to be made, regardless of whether the real estate market is hot or not. Does every mortgage company say this? I need to make over 100k per year. I’m very aggressive on the phones and have no problem working long days. Should I do it?