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Career Feature

Mortgage Jobs

 Dated: 07-16-2010

Unless you've been hiding under a rock for the last couple of years, you are certainly well aware of the circumstances that the housing market finds itself in at the present. The market is soft in the wake of the mortgage crisis and the collapse of the housing bubble, but where some see nothing but bad news, others have already begun to look past the gloom to the silver lining in this particular cloud.

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To wit, there are a lot of opportunities available for real estate investors as well as for first time home buyers interested in taking advantage of the large amount of stock currently available in this market as well as what are historically low prices in many regions of the country. For people in the mortgage banking and finance sectors, this means that the industry is poised to see strong growth in the number of available mortgage jobs as well as related mortgage employment in the financial sector.

If your education and professional training are in the financial field, especially in any area of specialty related to mortgages, this may be a better time than you think to begin looking for jobs in mortgage financing. Despite the momentary slump in the housing market, there are still a lot of opportunities available for people who have relevant job skills, especially if they are willing to be flexible enough to take on some duties which may not fall precisely into the areas which they are already familiar with from their previous work experience or what they have learned in the course of their education. Whether as an underwriter, as a personal banker who works with individuals and organizations who are purchasing homes as a residence or as investment properties or as a loan officer, there is mortgage employment available to those who are willing to seek it out and who possess a strong background in this field.




Mortgage jobs are typically found with banks, credit unions and other financial institutions who provide mortgages and other forms of financing for the purchase of residential or commercial properties. These positions may be with small local banks or with large national and multinational financial institutions, with many of the largest employers naturally being the largest companies in the industry. Employers of all sizes are places which qualified job seekers should investigate as they search for jobs in mortgage financing, since opportunities may be found where the job seeker would least expect.

Other work in mortgage related fields may include with insurance companies which provide mortgage insurance to home buyers; these are jobs which may call for the candidate to learn quite a bit on the job, since the demands of these positions may be a little different than what they are used to from their experience at prior jobs. However, a little professional growth is never a bad thing and if your aim is merely to find mortgage work in order to weather the economic storm facing the nation at present, you may well find that you emerge from the situation as a more well rounded and therefore stronger candidate who can demand a higher wage as a result. Not all professional growth is necessarily straight up the ladder after all; sometimes, the biggest steps end up being the ones which a job seeker takes sideways.

Other fields where opportunities exist which are related to mortgage jobs include real estate. While it may not be an immediately intuitive step for someone trained as a banker, loan officer or other financial industry professional to work as a real estate agent, there are some transferable skills between the two industries - and the skills which a finance professional can bring with them to the field can again, help them to secure more lucrative and personally rewarding mortgage employment going forward.

If you're looking for employment in the mortgage industry, the first thing to do is to make sure that your resume is up to date and highlights your relevant experience and your strongest skills. Once that's done, the next step is to begin searching for job listings. You'll find that both print publications such as local newspapers and online job sites are good places to look, with web based resources often beating out traditional media like papers and magazines. With a little research and a little perseverance, you'll find the job you're looking for - it's all about knowing where to look.

Search mortgage job listings on Hound.com. With thousands of different job listings, there's no better place to start looking for your next job. Sign up for a free trial and begin looking for your dream job today!



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