As a lender, you knew the profitability of 2020 couldn’t last. But is your business prepared to weather today’s cooling market? Here are a few actionable steps that mortgage executives should follow to improve loan officer productivity and increase profitability.
Tag: Mortgage Lending
In 2015, one of my co-founders and I spent hours with hundreds of people in the mortgage industry. We had both recently gotten mortgages — in my case, it took… Read more »
Mention data security to a mortgage executive and it’s enough to make them squirm. You can’t read the news without seeing a piece about a new security breach, even from… Read more »
We all know the industry is in a state of margin compression, and will most likely continue to be for the foreseeable future. One of the most important levers… Read more »
A solid customer experience is built upon a foundation of education, transparency, and communication. Borrowers want to feel like their loan officer is always two steps ahead in terms of… Read more »
Let’s put on our empathy caps for a moment and think about the mortgage process from the perspective of your borrowers. What descriptors do you think first come to mind… Read more »
Working in the mortgage industry can be an incredibly rewarding and lucrative experience. But, as in all fields, not all employers are created equal. Much like the major decision to… Read more »
Feeding the “top of your funnel” is perhaps one of the most critical roles you play as a loan officer, in addition to managing clients through the loan process itself.… Read more »
A month ago, we launched our beta integration with LendingQB, one of the leading loan origination systems. And today I’m delighted to announce the official roll-out. The LOS is a… Read more »
It’s often said that the definition of insanity is doing the same thing over and over and expecting different results. For mortgage professionals, getting results is largely driven by improving… Read more »