One 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 MoreIt’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 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.
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