Loan officers had a quite roller coaster ride over the last few years due to factors that disrupted the global economy. Post-pandemic, mortgage loan originators started to capitalize on refinancing demands. It was their chance to compensate for the economic losses brought about by the Covid 19 pandemic. Cut to 2022 and inflation is here. The Federal Reserve announced a…
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The challenges of selling a home loan have evolved dramatically during the past decade. Today, loan officers must generate adequate real estate leads, convert the ones that come their way, build relationship, and maintain the database of prospects in order to close a mortgage loan on time. Added to this is the ever-changing mortgage requirements, that demand them to be…
The challenges associated with a home-selling process has changed a lot during the past decade. Aside from closing on a mortgage loan, loan officers are tasked with the secondary responsibilities of generating enough real estate leads, converting incoming leads, building new real-estate partnerships, building on existing partnerships, and maintaining the database of prospects. And to top it, the shifting sands of…