Question:

Is 100% commission loan officer a true online job opportunity?

Answer:

It could be but rather it wouldn't. If sticking to the "too good to be true" rule of thumb, the 100% commission loan officer online job opportunity should be a work from home scam.

While it is difficult to be 100% sure, the 100% commission loan officer position does not seem trustworthy. You should be aware that if anybody charges you a fee to join their 100% commission loan officer program, and insists that you get your money from those you manage to recruit yourself, it most surely is a scam. You'd better not get hooked with anything that has low requirements (as computer and internet connection at home).

While a 100% commission loan officer online job can be a viable opportunity for a mortgage professional, if there are no start up fees, and if considerable experience is required you'd better stay away from ads requiring that you only prepay your participation in the program and will qualify with only basic typing skills. In general, you'd better stay away from work from home opportunities, as many of those turn to be a scam.

Mortgage rates hit their lowest since 1955. Ask the home loan experts we recommend Quicken Loans how to take advantage of them.
Was this Mortgage QnA helpful?
Not at all
  • Currently 2.9/5 Stars
  • 1
  • 2
  • 3
  • 4
  • 5
Definitely
Add to this Answer

Mortgage QnA is not a common forum. We have special rules:

  • Post no questions here. To ask a question, click the Ask a Question link
  • We will not publish answers that include any form of advertising
  • Add your answer only if it will contrubute to the quality of this Mortgage QnA and help future readers
If you have trouble reading the code, click on the code itself to generate a new random code. Verification Code Above:
Bookmark and share this QnA: