One question I get a lot from subscribers is How do I approach Internet mortgage leads? As you may already know, I generate 90% of my business directly from these types of leads and have found them a great resource for several reasons:When you call people, they are ready to buy.People will take your calls and even return your messages, because they actually inputted the lead and it is not a cold call.You can begin pricing the loan out before you...more
What sets one loan officer apart from another? And how do some people become top producers in their office, while others slowly squeak by? Surely, we all have the same amount of time, resources, and intelligence (debatable?!) available to us. So why do some loan officers fail, while others succeed? Here are some points to remember which will help ensure your successTake control. Stay on top of things and be sure monitor your loans as they...more
One of the toughest things as a loan officer to do is to know when to keep or kill a deal. Of course, we all want as much business as we can handle. But, spending time on loans that dont close, wastes more time and leaves you with nothing to show for it. Not to mention, the good deals suffer and youre out your commission! Knowing when to give-up on a loan is just as important as knowing how to get the loan to the closing table. Here are some suggestions on how to manage your customers and get more loans closed: 1.Keep control of the customer from day one. Set down your expectations for the loan process and what you expect from the customer. Tell them that this is a team effort, and you are working as diligently as possible to get them the best rate and terms available for their situation. But, in order to do this, you need their cooperation and commitment to move forward. Tell them what you need, and ask them on what day you can expect to receive things by. I like to pin people down to a specific day. They hold me accountable, and I, in-turn, am holding them accountable as well. 2.Build rapport early on. Get a sense of the customers personality and what matters to them. ...more
If you are searching for information related to California Va Loans or any other such as department of veterans affairs, financing, va loans and closing costs or va mortgage loans you have come to the right article. This piece will provide you with not just general California Va Loans information but also specific and helpful information. Enjoy...more
Owning one's own home is a dream of every individual. But as fate would have it, the current economic crisis with rampant job cuts in the US have made this dream a distant reality for many. The introduction of President Obama's home stimulus package has, however, made this goal significantly more achievable for first time home buyers.The first time...more
If you were considering buying a house then you should think about it more. It is really a positive time for buyers in the market right now. You can get the tax credit that can save you up to $8 grand. There are great low rates as well. Now there are a whole lot of cheap houses available too.If you are into old houses then you are in more luck. Many old neighborhoods were hit hard by investors in the past few years. They bought houses in them, gave them some quick fixes and then sold them fast. There were many people still doing this when it suddenly stopped working for them and then they had all theses houses that they could not sell and didn't want.Some of these places were finished and some were not. Therefore you have a lot of potential beauties out there that are partway done and really cheap. These have special needs so to speak. Some of them are tough to finance, so you will want to secure financing before anything else. You will also need to find some good homeowners insurance to go along with that.You can find out everything that you need to know about financing by getting an online quote. there are plenty of websites that will do this for you. You can give them the info...more
As our great nation is in an economic recession, the Obama administration has a plan in effect known as Making Home Affordable for loan modification for millions of homeowners. The objective of the plan is to provide assistance to homeowners...more
Saving dollars is fun. If you put individual things in process now, you will be financially strong far far in the future. If you wait until the last minute, you will assuredly be extremely in debt when you approach your older years. It may seem fun...more
There are many details people make short term that will end up costing them long term, but they ignore them because they do not feel the consequences until way, way later in the future. This is the most notable in the financial stage where people...more
Obama mortgage modification program is the most significant initiative of the government. It was designed with the aim, to help Americans save their homes. MHA (Mortgage Home Affordable) provides the opportunity to the home owners to get their loan...more
As people begin to realize that their financial future is not as secure as they may have once thought and as they realize that they have to do something different, many people are wondering how they can learn to make more money or to build a much...more
One of the most common problems that people have is that it is hard to make more money. Especially now with the economy being the way that it is, more and more people are having a hard time really figuring out what they can do to bring in a larger...more