Are you thinking about transitioning into the mortgage industry but feel lost with some of the terminology? Or maybe you’re already an independent mortgage professional and just need a refresher — in either case, this mortgage glossary can help you make sure you’re not missing out on ways to help your borrowers (or your business)!
Read MoreThe 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 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 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.
Read MoreAs an independent mortgage loan officer, purchase season is when you and your business can really thrive. With warmer weather and summer just around the corner, a significant number of prospective clients are getting ready to sell and/or purchase a home.
Read MoreThe mortgage industry overcame many challenges in 2020 and fortunately, all-time low mortgage interest rates combined with a growing number of first-time homebuyers ready to find their dream home have kept the housing market in good health and it should keep it thriving in 2021.
Read MoreAs a loan officer or originator, there are a variety of loan products you’ll be working with daily. It’s up to you to understand each and provide your clients with the best loan options for their financial situation. When determining the best type of loan for your client, there’s a lot to take into consideration, such as credit score, debt, down payment, loan term, location and more.
Read More2020 has shaken up the world in ways we never imagined. With a year filled with so much uncertainty due to COVID-19, many industries have suffered significant losses. However, the mortgage industry has seen a massive increase in demand, due largely to record low-interest rates — driving home purchase sales and making mortgage refinancing a popular trend among homeowners.
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.
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