Like a lot of mortgage industry workers, Stush, 55, tried to get work in other kinds of financial services such as insurance, but he found a huge stigma attached to the mortgage industry that disqualified him from even being considered for many jobs.
"It's unjust. If you were in the mortgage industry for a long time ... employers think you're used to making so much money that you're not going to take $50,000 or $70,000 a year. ... They also think (mortgage lenders) are all money-hungry pigs, but it's not true. Employers are missing out on some really outstanding employees."
It's not uncommon to see disclaimers on Internet job postings that say: "NO REAL ESTATE OR MORTGAGE CANDIDATES PLEASE."
Hint: replace the "mortgage broker" time on your resume with something more respectable, like hooker or drug dealer.