Success as a Loan Originator
The following 7 Steps are crucial to establishing a process that generates consistency when recruiting strong salespeople in your mortgage company. 1) Always Be Recruiting – the worst time to
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Loan Officers and Realtors are sales positions by definition as they usually work on commission. The art of selling is not always pushing someone to buy right away. People may
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The 2008 financial crisis was second worst behind the Great Depression in the 1930s. It affected not only the U.S. but countries worldwide, making stocks crash and calling for contentious
READ MOREThe following are some tried and true tasks that mortgage originators need to implement to achieve long term success in the residential lending industry. Share this Image On Your Site
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Starting your career as a new loan originator will require some consistent lead sources. Many experienced mortgage originators will tell you hands-down, their best source for business is from Realtors.
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Improve Your Pipeline By Doing the Following Below : Have a strategy! Is your pipeline where you want it to be? If not, know what you must do immediately to
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Mistake #1: Conducting Business as Usual Like the Old Days A big mistake that lenders make is with their compliance in originating loans. Many companies that need to be allotting
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Ask for Referrals Continuously A large number of realtors and loan officer tend to not ask, or plainly forget. Studies have shown that the best time to do this was
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Ensure Your Website is Mobile Friendly Were you aware that two-thirds of all emails are opened on a phone or tablet? How about the fact that mobile website traffic makes
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A very successful loan originator shares some traits that he links to his ongoing success: One needs to be self-motivated, extremely competitive, and maintain high energy. In essence, don’t have
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