Choosing a college degree may be more about your college education. It could determine the direction of your career or, in some cases, have nothing to do with it at all. In our “A Day in the Life” column, we explore different career paths and the impact of education decisions on them. Let’s take a look at a day in the life of an Insurance Agency Owner.
Job Title: Mortgage Banker
Years in Industry: 20
Education/Degree: Associates degree
Current Salary: 80,000
Amount of Student Loan Debt: 0
What are your day-to-day responsibilities and projects?
A lot of what I do involves lead generation, including calling leads, calling back clients, and prospecting for new business. When I’m not doing that, I’m busy gathering client documents so that their mortgage process is streamlined and ready.
How did you get to the role you’re in now? What was your career path?
When I was searching for the right career for me, my family and friends suggested the Mortgage career path. It ended up being a good fit.
How do you feel your education or previous experience prepared you for your current role?
I didn’t complete my college education, so most of what I know was self-learned.
What is your favorite part of your job?
I love helping people through the homeownership process — especially first-time buyers who are accomplishing the goal of getting their first home. Plus, mortgage brokers make good commissions.
What inspired you to pursue your career?
I wanted to make enough to support my family, and I knew that mortgage brokers make a decent salary, which swayed me towards the industry.
What advice do you have for students considering a career path similar to yours?
I would tell them to be prepared for the ups and downs in the business.
Do you feel your career has paid for your education expenses?
Since I didn’t finish my college education, I can’t determine if what I did study paid for itself. I believe my mortgage license has paid for itself.
Looking back — is there anything you would have done differently in college?
I probably would have finished college.
Do you have any advice for someone who wants to pursue the same or similar career path?
Get your education first then your mortgage license