Today across the nation you can find thousands and thousands of loan officers who are stuck in the old way of doing things. They are stuck in the ways of picking up the phone and whammo there’s a loan. Sorry folks but thats just not going to cut it anymore.If you’re going to survive in todays mortgage industry then your going to have to work for it. Yeah sorry guys but put the golf clubs away and yeah its going to take some late nights too. Sure seems like a dim prospect doesn’t it? Well its not so quit crying. After all to be a loan officer in todays world doesn’t require any college education and in many cases it doesn’t require any special licensing. Yet if you’re good you can make over 150k per year hands down. All by doing a little work. Yes that means nights, weekends and no golf. However what job out there doesn’t require some work. Sorry guys but the old days are gone and yes now your going to have to actually earn the money. Bottom line is most aren’t willing to make the change. Most perceive the drop in the loan pipeline as a “market” problem. Really its a Darwinism issue. Want to survive? Your going to have to work smarter and harder. Yep use technology and put in longer days. Considering most people earn only a fraction of what a well paid loan officer can make I doubt there will be anyone crying for you. If your looking for a great resource for information then make sure you check out my website at www.thecrazybroker.com
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loanbanker said,
March 24, 2008 @ 4:51 pm
Check out http://www.thecrazybroker.com