Articles on Business & Finance - page 2

The Saddest Paycheck Of All In The Mortgage Industry When Just Starting Out As A Loan Officer


I get a lot of emails from loan officers who are currently working for a mortgage company, but are looking to advance their career and go out on their own. When they see the kind of money...
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The Straight Dope On Mortgage Refinance Loans


Times are tough, there is no doubt about that. Interest rates are inching up and much of the hub-bub of the refinance boom is over. It’s the difficult loans that remain, amongst them...
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The Truth About Mortgage Internet Leads


One question I get over and over again from loan officers is “Are internet leads a good source for new business?” My answer always is “Well, yes and no. Proceed with caution and please...
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Where To Find Pre-Foreclosure Mortgage Leads For Your Mortgage Business


One of my goals is to offer you valuable information that will immediately impact the bottom-line of your mortgage business. What I find lacking in many of the “professional” trade...
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20 Habits Of Top Producers In The Mortgage Industry And Why You Should Follow Their Lead


Top producers aren’t made overnight and the skills they use to generate more business can’t be learned in a day. However, I’m going to try and isolate the skills that I’ve seen in the...
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How The Mortgage Net Branch Really Makes It Money


In the past few issues, we’ve been discussing net branches, and the advantages and disadvantages of this type of loan origination. I covered the reasons why loan officers decide to go out...
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How To Approach Internet Mortgage Leads As A Loan Officer


One question I get asked a lot is “How do I approach Internet mortgage leads?” As you may already know, I generate 90% of my business directly from these types of leads and have found...
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How To Best Approach A “For Sale By Owner” FSBO Prospect As A Loan Officer


FSBO’s are a great source of new customers for you, and are an often overlooked demographic. Put yourself in their shoes. (If you’ve ever tried to sell property yourself, you know what...
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How To Deal With Pushy Wholesale Account Representatives In The Mortgage Industry When You Are A Loan Officer


As a mortgage broker, one of your main advantages is that you have access to many different lenders and hundreds of loan programs, which you can offer your customers. Having too many...
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How To Find “For Sale By Owner Properties” FSBO’s In Your Area To Market And Sell To


For sale by owner properties, or FSBO’s as they are commonly refereed, are some of the best places to look for new clients. If done correctly, they can provide a steady stream of...
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