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Loan Officer Books

Written by Dana Hinders
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There are a variety of options available for job seekers looking to begin a career as a loan officer. Some people find web-based training courses to be helpful, while others prefer to take a more traditional approach to their career training. Books are available to cover a variety of lending issues, such as FHA loan requirements, qualifying a self-employed borrower, creative financing strategies, underwriting guidelines, and industry ethics.

There are no federal licensing requirements for loan officers; they are regulated on a state by state basis. If you're planning on taking a state licensing exam, choose a book that is recommended by your state's regulatory agency. Some states will provide you with a study guide for their written examination that can be used in conjunction with other training materials.

Self-directed learning requires discipline and dedication. Treat your study time like any other appointment on your calendar. Stay focused, don't allow any interruptions, and check your progress periodically. Many loan officer books include practice tests, but you can also have a friend or family member quiz you over the material. Some loan officer books come with supplementary videos that can be used to review important information; this multimedia approach can be especially effective for visual learners.

Alternative Training Methods

Many loan officer books are also available on audio CD. This option can be especially usefully for students who want to listen to training materials while driving or those who simply don't have time to read through the entire book. Audio CDs can also provide a quick refresher course for more experienced loan officers looking to brush up on their basic skills.


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No you can't.Just like credit agecny, your equity loan information is registered. When you approach the second bank for an additional equity loan, they will pull up your file and they will insist that you consolidate theirs and the first bank's equity loan into one. This means, the second bank will pay off the first one's equity (fees charged to you) and then they will write a equity with the old loan plus the new one provided you qualify for the entire loan of course.In these tight credit markets today this type of fancy-dancy loans are thing of the past. However you can talk to them. If your income is good I mean real good and solid then they will loan you.