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Mortgage Bankers

Outlook

Employment for loan officers and counselors is expected to grow about as fast as the average for all occupations through 2024, according to the U.S. Department of Labor (DOL). The number of businesses purchasing or expanding facilities and the number of people buying homes or refinancing their existing mortgages has increased as a result of the rebounding economy, which suggests that there will be a continuing need for mortgage bankers. The DOL says that “job opportunities should be good for those with lending, banking, or sales experience. In addition, some firms require loan officers to find their own clients, so candidates with established contacts and a referral network should have the best job opportunities.”

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