Archive for February, 2011

February 19th, 2011

What is a Loan Officer?

Most of us are familiar with the loan application process. Whether you are buying a house, a car, or a boat you typically have to start at the bank and get loan approval before you make your purchase. We know to fill out the necessary paperwork, provide proof of employment and then try to wait patiently for the results. It is during that waiting period that the loan officer goes to work.

A loan officer has many names–loan originator, lending agent, loan counselor–however they all do pretty much the same thing. They determine the legitimacy of the loan and attempt to sell it to creditors. They also promote creditors to borrowers. There responsibilities include obtaining loans, securing financing, completing the necessary paperwork, and staying on top of national and state laws.

Despite all that is required of them, loan officers often do not require a lot of education. In many cases they need only a high school diploma, completion of an in-person or online loan officer training program, and a federal and state loan officer license.

The position of loan officer can be rather stressful at times as they attempt to juggle several different tasks at once–closing loans, looking for new loans, finding financing, and building new contacts–however once they have established themselves in the industry the benefits will really start rolling in.

February 11th, 2011

The Appeal of London

For those from the New World, visiting an Old World city like London can be a revelation. Here history is told not in decades or a few centuries, but in millennia. Buildings and traditions predate the founding of America and there is an atmosphere of history and heritage that can only be felt, never adequately described.

Visitors may want to pick up a London Pass to make it easier for them to visit the many landmarks of this capital city. Historic sites like the Tower of London, St Paul’s Cathedral, and the Globe Theater reinforce the age and tradition of the majestic place. Those with an interest in royalty will want to visit Buckingham Palace, Windsor Castle, Kensington Palace and check out Westminster Abbey — where most monarchs have been crowned and married throughout the ages.

Other attractions in the city include Tower Bridge, Big Ben , the London Zoo, and the Churchill Museum. London is full of historical, natural, and art museums as well as a thriving theater and performing arts district. For a bird’s eye view of all this splendor, visitors will want to take a trip on the London Eye. No visit to London would be complete without stops in Piccadilly Circus and Trafalgar Square and a ride on a double decker bus.