How do I become a mortgage processor with no experience?

Question

Zippia Team · Accepted Answer

Becoming a mortgage processor with no experience requires having your high school diploma or GED equivalent is a requirement. You don't need a four-year degree, but having one in business or finance is recommended. In some cases, a mortgage processor certification is required.

A high school diploma or GED is required, but many employers prefer an associate's degree or higher in accounting or finance, business administration, or real estate.

A candidate with no experience in the financial industry should search for an entry-level position with a bank, financial service company, or lending institution. After all, the best way to learn about the finance industry is on-the-job.

In some cases, you may need to be licensed through the Nationwide Multistate Licensing System & Registry (NMLS).

If you'd like to get a leg up on the competition, complete a loan officer certification through a bank association or college program. There are several different loan processing certificate programs depending on where you are in your career.