We have a lot of IB threads, so here is one about commercial

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hey btw can you tell me any info about originating
student loans with long deferment for people with bad income -btw God Bless

How big is your portfolio? Whats your salary?

>>1224407
My "portfolio" consists of the bankers I work with and their book of clients. Speaking in terms of how big that is, it's around $20 million in loan outstandings. Salary is $70k

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>>1224391
>ppl talking about IB, business school, wall street
>"I'm a banker too"
>"I work at the branch on Walnut"
>"Can I help you, sir?"

pretty cool job OP - what are your hours? Do you work at a local branch of a bank or what?

>>1224413
how long have you been in the industry?
how many and what licenses were required to enter the industry?
lurking

>>1224939
>he doesn't understand the difference between retail and commercial banking

>>1224965
35-40 a week, depending on how many deals are in the pipeline. Our office is in an office building downtown (there is a branch downstairs, but we are a few floors up).

>>1225013
Been in banking for 14 years. Been doing this particular role for 11.

do you work w/ sba?

>>1225983
I have done SBA loans but not too often. My bank is a preferred SBA lender, meaning that SBA trusts our underwriting enough that they will fund loans without doing their own underwriting. My last SBA deal was for a $1.3 million loan to a restauranteur who wanted to buy the building his restaurant was in.

>>1224391

Why are cap rates so low?

>>1226009
Value of RE is going up. And since cap rates = NOI / property value, cap rates are dropping.

What type of education do you have? Can you get into this position with any degree? What were you doing before this?

>>1226772
I have some of a finance degree (stopped school to focus on work full time). A typical job posting will ask for an accounting/finance degree or equivalent work experience. Prior banking experience is a plus. I worked in the retail branch system for about 3 years before jumping into this role.