It’s no secret there’s a lot of competition in the mortgage industry. As an independent mortgage broker, you’ll mainly be competing against banks and big retail lenders. The best way to do this is to build brand recognition and credibility by establishing yourself and your business as an integral part of the community.
Read MoreAs an independent mortgage broker or loan officer, building and maintaining relationships is key to having a successful, long-term business. A CRM system can be your one-stop-shop for everything from tracking leads, to managing sales and engaging with your current and past clients.
Read MoreIf you’re thinking about opening a mortgage broker shop, it’s important to think about how a loan processor can help your business. Not only does a processor take time-consuming tasks off your plate, but they help ensure the loan process goes smoothly so you can focus on what you do best – bringing more business in the door.
Read MoreWith more loan applications and prospective homebuyers filling up your pipeline, broker shops need quality loan officers to join their team and keep up with the demand. Between hunting down candidates to interview and making sure they’re the best fit for the role and your team, finding the best talent for your broker shop can be daunting.
Read MoreOpening up your own mortgage brokerage shop is an exciting time, but it can be prolonged if you’re not pushing through the licensing approval process. To avoid additional delay’s, here are some tips of what you can do while you’re waiting for the final MU1 license approval.
Read MoreIf you’re a loan officer or mortgage broker, loan origination is the lifeblood of your business. It’s the cycle of a borrower applying for a home loan and the lender processing their application.
Read MoreTo be a successful mortgage broker, you need to take the time to develop relationships with other professionals in your local community to become the go-to mortgage expert. In the process, your relationships become strategic partnerships, which often result in more client referrals.
Read MoreWith more homebuyers seeing the value in working with independent mortgage brokers instead of banks or online lenders, wholesale lending has shattered loan volume records.
Read MoreFor mortgage brokers and loan officers, knowing how to use social media platforms and creating original content can tremendously help your marketing strategy and foster a stronger digital presence for your brand.
Read MoreWhether you’re building a small or large agile team, these recruiting tips will help attract employees to grow your broker business. Learn processor and loan officer hiring tips here!
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