Whether you’re new to the mortgage industry or have been in business for a while, you surely know one thing—it is nothing if not unpredictable. While it can be exciting to ride the wave when the industry is thriving, it’s also important to think of your long-term strategy for continued success during the unavoidable mini-dips and booms. Here’s how to … Read More
6 Tips for Closing a Mortgage Loan Quickly
In a fast-paced industry like ours, you have to keep up with the best to be successful — especially when demand is high and mortgage rates are low. But as a mortgage loan originator (MLO), you’ll have to contend with some stiff competition if you want to land more business. Learning how to close a mortgage quickly takes time, … Read More
How to Communicate With Your Clients Ahead of Your Vacation
Did you know that a good vacation can reduce stress, lift moods, and even increase your heart health? As a busy mortgage loan originator during the recent boom in home financing, you may have started thinking about taking a break and booking your next getaway. And we don’t blame you — we are all about work/life balance around here! … Read More
Choosing the Best Mortgage Origination Software
As a mortgage broker or loan originator, you have many options to choose from when considering mortgage origination software. While having options is generally a good thing, it can be a little overwhelming to narrow it down. After all, this system (also called a mortgage Loan Origination System or LOS) takes your team from application to closing. It manages … Read More
What Is a Mortgage Loan Processor and Why Should I Consider It as a Career?
If you have ever applied for a loan (mortgage, car, small business), you have worked with a loan processor — probably without even realizing it! But what exactly does a loan processor do? More specifically, what are the ins and outs of mortgage loan processing? If you want to get into the mortgage industry and are considering mortgage … Read More