How do I survive as a loan officer?
dr_grant_22 asked:
I am new to the industry and would like help from some one with lending experience to coach me and show me how to get started as a loan office. ow may I better serve people who need a loan or a refinance? How do I find people who need a loan or refi? what else can I do to grow my business?
Esther
I am new to the industry and would like help from some one with lending experience to coach me and show me how to get started as a loan office. ow may I better serve people who need a loan or a refinance? How do I find people who need a loan or refi? what else can I do to grow my business?
Esther
Tags: Loan Office, Loan Officer, Need A Loan
July 10th, 2009 at 12:38 am
Beverly
go to school man and you’ll learn more stuff
July 12th, 2009 at 6:25 pm
Virginia
Talk to several real estate agents. They will give you people to work with. I am an agent. I have seen many loan officers come and go.
July 15th, 2009 at 7:06 pm
Debbie
The best and easiest way to make business contacts is through joining community organizations. Church groups, Elks, Hibernians, Masons, etc.. You have to become active in your community get out there and meet people and your business will grow.
July 18th, 2009 at 12:16 am
Renee
You need to contact the Regulatory Board which covers Financial Services and ask them what you need to do. You must have a License, and more than likely, you will have to be Bondable for High Dollars. Oh, and you will need to prove you have the needed education.
July 21st, 2009 at 1:33 am
Raul
You are a salesman. What does a salesman have to do to survive? Find clients and close the deal. Are you a closer? If so, then you’ll be rich, RICH, I say.
How do you find clients? Advertise. Word of mouth. Press the flesh.
You must work for a mortgage broker or a bank–someone will be your boss. You will write loan documents under the broker’s license. Learn the biz from that guy.