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| *Loan,banking and credit>>>mortgage loan |
How can i be a good loan officer for a mortgage company? |
How can i be a good loan officer for a mortgage company? learn how to pull credit most of these mortgage brokers are a s s holes and screw peoples credit up by how they pull it and than leave them with messed up credit.know what your doing before you really screw someones life up b/c now you just gave them the wrong credit.i know most dont care b/c they see the people come in and they are just a dollar sign then when you realize you cant do anything for them you just leave them in the dark.have some compassion for these people. work in a agency lign="right" > Sign in to vote! To start with you will have to learn how to assess the papers of the customers who would approach you for an loan,so as to make sure that the commitment done to the customer is fulfilled & you will have make sure that the customer fits your company policy. Than you will have search for proper sources wherein you can generate business. But if you want to work in the back office you will need to study the papers of the customers that are brought to you so as to reachfor their required eligibility. As compared to the sales department you will have to look into the finer details of the profile of the customer. Feel free to contacgt me on the same ID if you want to know anything more lign="right" > Sign in to vote! My advice is to make sure that the customer feels that they can fully trust you. Be open and honest with them about all of their options the good and the bad. Don't let some "hidden fee" get slipped in at the end on the day of the closing. Also, make sure that you make the customer feel as if you are truly interested in helping them and that you are willing to listen to the entire picture of their financial status and future goals. Dealing with something as important as buying a home for the first time or refinancing is a huge financial investment. No one wants to feel rushed through the process or left feeling as if you as the loan officer are only in it to make money. They want to feel as if you are there with THEIR best interest in mind. For example, right now I'm shopping around to refinance my mortgage. Not because I am dissatisfied with my loan officer. But, because my loan is through a local bank and I have a pretty high interest rate. Not due to bad credit but because they give a flat 8.25% to everyone across the board. I'm not getting the rewards I deserve for my good credit score. However, since I have been shopping around I have talked with a few loan officers and I have yet to find someone I feel as comfortable with as I do my current loan officer. They all seem as if they want to rush through the process and they could really care less about hearing my personal unique situation. Even though they have offered me better interest rates I'm willing to trade the trust and security I feel with my particular loan officer over the better rate. Turn the tables if you were sitting in the seat they are sitting in how would you want to be treated with a such a huge financial decision as this? And, keep in mind if you make them feel the way I described and seal the deal they will recommend you to family and friends as I have done on 10 or 12 different occassions with my loan officer and he was able to get 8 new customers by me passing his name on. Word of mouth is great advertisement! personal experience |
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