The latest Stratmor Insights Report looked into results of Stratmor Group’s surveys over the past four years to determine whether loan officers are too old to meet the needs of younger borrowers, as some anecdotally believe.
What the company found is that loan officers overall aren’t as old as many believe.
The average and median age of loan officers was between 46 and 47 years old, the report stated. How does that compare to the rest of the industry? And does a loan officer’s age matter to borrowers? Read on for more.
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