Getting admission into a Mortgage Loan Officer School will be your first step in order to become a mortgage loan officer. After completion of your training you can decide about your working preference. You can work as a full-time mortgage loan officer or as a part-time mortgage loan officer. You can set up a huge office or you can make a room of your home as your office. As a mortgage loan officer you will be your own boss. You can decide your work timings and even schedule the amount of work you want to do. Hence, it is a very good profession for those who don’t like to work under somebody else.