Featured Articles

How To Save Time On Mortgage Good Faith Estimates When Working As A Loan Officer Posted: Saturday, March 13 2010

Generating Good Faith Estimates (GFE’s) can be extremely time consuming, especially if done the wrong way. I remember when I was first starting out in the industry, it seemed like all I was doing all day was filling out GFE’s, and getting no... Read Article

How To Manage The Customer And Get The Tricky Mortgage Deal Closed Posted: Friday, March 12 2010

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 don’t close, wastes more time and leaves you with nothing to... Read Article

What To Do With A Low Mortgage Appraisal On A Loan Posted: Thursday, March 11 2010

On every loan, there are a number of hurdles that must be overcome before the loan is “cleared to close” by the underwriter. One of the most important hurdles is the appraised value on the property. A deal can be dead on arrival, if the... Read Article

What To Do When You Feel Defeated In The Mortgage Industry And Are Ready To Give Up Posted: Wednesday, March 10 2010

Every day I hear from loan officers across the country who are fed-up with low commissions and dwindling paychecks as the reality of the new mortgage economy sets in. They’ve had it and many can’t hold on much longer. Others take a more balanced... Read Article

What Mortgage Industry Insiders Read To Stay Up To Date In Their Business Posted: Tuesday, March 9 2010

Keeping up-to-date on everything going on in the mortgage industry can be a daunting task. With all of the coming changes from HUD and RESPSA, staying aware of rules and regulations is not only a necessity—it’s an absolute must! You do not... Read Article

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