The mortgage industry has been incredibly strong over the past couple of years, and the need for staffing is at an all-time high. This includes a wide array of entry-level mortgage jobs such as loan officers, loan officer assistants and loan processors, particularly on the wholesale side of the industry with mortgage brokerages.
Read MoreThe mortgage industry is a fast-paced, competitive field. To be successful, it’s imperative to develop and adopt positive working habits, especially at the beginning of your career. We know that finding a great independent mortgage broker is the most important step for a borrower to take, so it’s up to you to stand out among all the clutter and noise. This will build credibility so your client knows they’ll be able to trust you throughout the life of a loan and beyond.
Read MorePress coverage isn’t just for large, well-known corporations. In fact, there is an abundance of opportunities independent mortgage broker shops can take advantage of when it comes to local media, specifically. In general, there are two areas you’ll want to consider – earned opportunities, where there are no dollars behind the story, and paid opportunities, where you’re putting money behind assets such as advertorials or sponsored segments.
Read MoreAre you interested in a career where you can help people around the country achieve the dream of homeownership? If so, the wholesale mortgage industry may be a great fit for you. And the good news is, it’s fairly easy to jump into this field. With a variety of roles available, there’s bound to be a position that best suits your desires and credentials.
Read MoreProtecting your independent mortgage brokerage from fraud and staying compliant with federal and state lending regulations can seem daunting. As an independent mortgage professional, it’s imperative to be up to speed on licensing and compliance requirements, since it’s more than likely you’re going to encounter mortgage fraud at some point during your career. But if you develop a process to ensure you’re doing right by clients, partners and the government, you can focus on originating more loans and delivering an excellent experience to your borrowers.
Read MoreWith home purchase season in full swing, now’s a great time for independent mortgage brokers to show off their unique value to consumers across the nation. And while the housing market continues to thrive, high demand and low inventory are resulting in increased competition. However, it’s important to keep in mind that while the market may be competitive, the wholesale mortgage broker channel is in a strong position to succeed, especially in a purchase market.
Read MoreBoost your success as an independent mortgage broker or loan officer with these strategies. Learn how to raise your credibility with your target audience and stand out, while increasing the speed of your process. Set yourself apart from your competition by being accessible and building a strong referral network.
Read MoreAs an independent mortgage broker, you’re going to encounter a lot of competition from retail lenders and large banks. That’s why it’s imperative you find ways to stand out among the noise. This is where social media comes into play as an effective way to stay connected with past clients and partners, as well as potential future referrals.
Read MoreAs an independent mortgage broker or loan officer, it’s important that you don’t overlook this population, and even more important that you know how to reach and appeal to them.
Read MoreOne of the best perks of being a loan officer or independent mortgage broker is helping clients get into their dream homes. However, sometimes this has to be put on hold if a client doesn’t meet the qualifications needed to get a home loan.
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