Category Archives: loan broker training

Have statistics on cold calling/telemarketing success rates?

I started moonlighting 2 hours a night telemarketing for a mortgage broker. This is nonautomated (I dial and wait for them to pick up) cold-calling from a book of leads, all people who took out mortgages 1-3 years ago and … Continue reading

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How much is the income of this type of stockbroker?

Starting my job, and this is the facts on my boss, just curious to how wealthy and what the income of this person is 35 years in the business was trained by marty shaifroff (highest producing broker in the world … Continue reading

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What can I do now since our loan modification company went under and we already paid them a $3000 fee?

My wife and I went to a company that said they could help lower our mortgage payments because we were both in the real estate industry and were both laid off of work. She had a baby and has been … Continue reading

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I would like to become a mortgage underwriter–any advise out there?

I’ve been an assistant to a mortgage broker for the past two years. I just turned 21 and I find that the real estate industry is very facinating yet very stressful at times. But I find that if I can … Continue reading

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What is the best online Mortgage Brokerage Firm or Correspondent Lender to join as a new business career?

I plan to start a career as a loan officer and want to do business primarily on the internet, from home, as well as get the training on-line and/or by phone. I’m thinking about joining either Apex Lending or Premier … Continue reading

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All Brokers/Loan Officers Please Read =)?

hey.. im just starting out as a loan officer w/ my real estate license, but im having tons of trouble finding clients.. I havnt even had my first one yet.. I had flyers made and i put them in everyones … Continue reading

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Mortgage Broker Experience?

I am starting my training to be a mortgage broker in NYS. I know the banking department needs 2 years experience for the “qualifier” my question is what experience??? Loan Officers only? does Real Estate Agent Count? Where should I … Continue reading

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Beyond money, leads, bonuses, benefits, training… what do sales reps want? How do I best differentiate?

I’m trying to make our business as attractive as possible for sales reps (loan officers/mortgage brokers). What are some great ways to attract new people to our forming business?

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I’m currently a loan officer. Should I switch to become a Acct Executive for a Alt-A Co.?

I’m haven’t been licensed yet. I’m about to close 2 loans this month (2 loans = 40% commission here in Ohio with this company). I’m fighting with the decision to switch to becoming an Account Executive with Acceleron (a branch … Continue reading

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Drown you all in loan officer questions?

does a loan officer/originator get paid a percentage of the full mortgage loan? say 3 percent or something? and how is that usually split between the broker. any detailed examples would be helpful. should you set out signs of your … Continue reading

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