Mortgage Loan Officer Training: 10 Helpful Tips That Can Instantly Boost Your Income By $5,000 Per Month
Well here they are 10 mortgage loan officer training tips to improve efficiency and increase revenue. These tips have made me hundreds of thousands of dollars over the years and Im confident they will do the same for you:
Mortgage Loan Officer Training Tip #1:
Only use a few lenders
Depending on your niche, all you really need is a few good lenders. With a portfolio of about five lenders, you can handle all credit grades and even special programs like stated, no doc and 100% financing.
Mortgage Loan Officer Training Tip #2:
Read your lenders guidelines to build an intimate knowledge of their products and procedures – THIS IS A MUST!!! (And easy to do if you only use a few lenders.) Dont rely on lender reps to tell you about their guidelines. They are human and can make mistakes just like the rest of us.
Mortgage Loan Officer Training Tip #3:
Send gifts to your appraiser, title agents, and underwriters to gain favor. This is a great way to build relationships with the people you rely...
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