Paula S asked:


Just info from people who work in the industry as processers or underwriters or supervisors in these fields. What are you looking for in a candidate to know about when applying for a job.

FREDERICK

One Response to “I need to get some information on commercial loans from a professional point of view(looking for work)?”

1. indignant_&_impervious on December 24th, 2008 3:00 am

   Experience in residential real estate. I got lucky and landed this job (Account executive for a commercial lender) after just 5yrs of working in residential. I will tell you this, getting going is a pain in the a**!!! expect a few months to go by without a pay check, commercial loans take a long time to close, require an upfront commitment fee (usually around $3k) and the enviromental issues on them are rediculous.

   Other than that, just be on top of your game in sales. It’s one thing to get the job, it’s another thing all together to keep it.

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