How Do You Become A Loan Modification Agent?
Loan modification agents work for mortgage lenders to lower the interest rate and principle of mortgages. Distressed homeowners often request loan modifications to avoid foreclosure or the costs of refinancing. The government also provides subsidies to mortgage holders that provide loan modifications, increasing the incentive for this kind of behavior. Becoming a loan modification agent requires no special licensing or qualifications, although experience in commercial banking as a loan officer can be beneficial. Find a loan modification company hiring workers for that position. Most will only require that you fill out an application, send your resume, and submit to a short interview. Experience in sales positions can be beneficial, as can any experience related to managing loans in commercial banking. Some real estate attorneys also hire loan modification agents to handle the process for their clients. Real estate agents also occasionally hire these kinds of agents. Apply for the posit
