Related Articles for you Here are 3 simple ways loan officers can help speed up the underwriting process, close more loans faster, and be more organized while doing it. 1. Cover letters to move homebuyers to homeowners faster I find many loan officers ignore the opportunity of simply adding a […]
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5 strategies that help loan officers manage high origination volume
Related Articles for you 1: Create new refi opportunities Help customers understand the many options available to them through refinancing. For instance, they could reduce their monthly payment, shorten the time to their freedom point (payoff date), pull out equity to pay off debt, send a child to college, buy […]
3 ways top loan officers connect with real estate agents
Related Articles for you 81% of top loan officers make referrals to earn referrals It just makes intuitive sense: if you refer customers to real estate agents, they’re more likely to refer their own buyers to you. But don’t make indiscriminate recommendations just to get your foot in the door […]
How to help borrowers overcome a low appraisal
Related Articles for you Challenges facing homebuyers The most obvious challenge facing those looking to buy is, of course, actually finding a home to buy! Nationally the number of listings dropped considerably over the course of a year. Realtor.com estimated that as of May 2021, active listings were down 51% over the […]
Top 3 tips for loan officers to finish the year strong
Related Articles for you The year is rapidly coming to a close. Are you finishing the year strong? To help you end this year with a bang and ensure that next year is your best year yet, I have put together my top 3 tips to finish the year strong. […]
5 steps to create and execute a business plan as a loan officer
Related Articles for you I’ve gone through many iterations of business planning over the last 20 years – you need to find the approach that works for you. But when I’m setting my own business plan or coaching loan officers, I have found that the basic framework for creating a […]
Top 5 visibility-boosting tips for loan officers to Master social media
Related Articles for you Social media is a widely accepted branding tool for loan officers (LOs), and it can also be a powerful way to connect with prospective clients and generate referrals. Our recent Loan Originators Survey Report found that 44% of loan officers cite social media as a successful […]