Okay, okay, I know everyone's saying how bad the Mortgage industry is, but I don't care. I'd like to get my start in real estate by starting out with selling mortgages (these have always been a passion of mine as well as "normal" real estate), and had a few questions.

1. Is it possible to be a part-time loan officer? I'm well aware of the complexities involved, but I'm prepared to meet them and face them head on and resolve them.
2. Is it possible to find a company where you can work from home? I found something here...but not sure how legit this is. Can someone explain what's *really* going on with this posting? I know the adage "If it sounds too good to be true, it probably is..." will be invaluable in this instance, but it sounds enticing:

http://jobview.monster.com/getjob.asp?Jo...3a00&pg=1&seq=1

#1 Good news, yes! I highly recommend only doing loans for friends and family though. As a part timer you will be less than average at it and will probably lose respect handling Realtor's loans with no experience. Last thing you want is to be blackballed by the agents.

#2 Yes this is possible. As a new LO though you are going to want training and they won't offer it at 100% splits. That is reserved for those who can generate business and close transactions with little help. I have a split similar to that, but I pay 750.00. I have access to correspondent rates though and that is worth more than the $250.00 extra.

You are a brave soul. But if that's your passion, go for it. There are a number of companies who will let you work part time. Just search the web, but read the fine print re: newbies. They will allow you to do multiple states too. The two keys you need to look for in who you hook up with are 1) They will provide you training and 2) They do FHA, VA and USDA loans. Good luck.