There is more than meets the eye when it comes to being a mortgage originator. For example, did you know that they make an average of $20.97 an hour? That's $43,611 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 24,300 job opportunities across the U.S.
There are certain skills that many mortgage originators have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed detail oriented, initiative and interpersonal skills.
When it comes to the most important skills required to be a mortgage originator, we found that a lot of resumes listed 21.7% of mortgage originators included loan portfolio, while 9.4% of resumes included customer service, and 8.5% of resumes included bank products. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
If you're interested in becoming a mortgage originator, one of the first things to consider is how much education you need. We've determined that 49.6% of mortgage originators have a bachelor's degree. In terms of higher education levels, we found that 11.8% of mortgage originators have master's degrees. Even though most mortgage originators have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a mortgage originator. When we researched the most common majors for a mortgage originator, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on mortgage originator resumes include associate degree degrees or master's degree degrees.
You may find that experience in other jobs will help you become a mortgage originator. In fact, many mortgage originator jobs require experience in a role such as loan officer. Meanwhile, many mortgage originators also have previous career experience in roles such as branch manager or mortgage consultant.
Tell us your goals and we'll match you with the right jobs to get there.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of account executive you might progress to a role such as account manager eventually. Later on in your career, you could end up with the title director, inside sales.
Tell us your goals and we'll match you with the rights job to get there.
Use Zippia's Salary Calculator to see how your pay matches up.
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The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 21.7% of mortgage originators listed loan portfolio on their resume, but soft skills such as detail oriented and initiative are important as well.