Teri Fallou’s Post

Questions that's asked: Is mortgage loan officer a good career? Well being a Mortgage Loan Officer (MLO) can be a rewarding career for several reasons. For example, it offers the opportunity to help people achieve their dream of homeownership, provides a chance to work in a evolving industry, and often comes with the potential for a competitive income. 💸 Is it a good career? Absolutely! It allows you to make a tangible difference in people's lives by guiding them through the complex process of securing loans for their homes. It also offers the potential for financial stability and growth through commissions or bonuses based on successful loan transactions. Plus, the demand for MLOs tends to remain consistent, providing job security in a critical sector of the economy. Of course, like any career, success depends on factors such as dedication, networking, and staying updated with industry changes. But overall, being a Mortgage Loan Officer can be a fulfilling and lucrative profession for those passionate about helping others achieve their homeownership goals. #homeandcreditsolutions #becomeamlo #askmehow #InboxMe

Mortgage Professionals: How do you envision 2024 and beyond to look for you and your family? Is your current situation giving you an opportunity to create generational wealth for you and your family? At One Real Mortgage , we believe in a Growth Mindset through COMMUNITY and COLLABORATION! Reach out today to learn more on the NEW way to build your business. Sharran Srivatsaa

Ready to launch 🚀 a rewarding career in mortgage lending? Whether you’re just starting out or looking to make a career change, our comprehensive guide is your go-to resource for success!

When I started in the Mortgage Business almost 30 years ago, I was paid on my closed loans once a month. So Every loan I closed in July, for example, I'd be paid on August 15th. So essentially, if I closed a Loan July 1st, I'd get paid on that loan 45 days later. Then, I worked for a company that paid Loan Officers twice a month. Anything that closed on the 1st through the 15th of the month, I would be paid on the 30th or 31st of the same month. Anything that closed on the 16th through the last day of the month, I'd be paid on the 15th of the following month. so the most I'd wait to be paid on a closing was 30 days. That was progress! Fast forward to now. If I close a loan this Friday, I'm paid next Friday. That's right...we are paid for our closings the following week. I am never more than 11 days from my next paycheck. Ask your company why they can't do that. And then ask yourself why you still work there when you could join the most aggressive, Loan Officer-Centric Independent Mortgage Banker in the country. We're hiring. Reach out to me today, and let's discuss taking your career to the next level. #loanofficers #branchmanagers #mortgage #realestate #putyoufirst #werehiring #IMB #products #pricing #programs #socialmediamastery #emmloans #maximusmortgageadvisors #evolve

🏦💼 Working as a mortgage loan officer requires more than just a job title. It demands a strong work ethic, extensive knowledge of lending guidelines, and a whole lot of GRIT! 💪🔍 In this competitive industry, being a mortgage loan officer means being dedicated and driven to provide the best service to our clients. We work tirelessly to help individuals and families achieve their dreams of homeownership. 🏡✨ Our work ethic is our backbone. We put in the long hours and go above and beyond to ensure that our clients receive the best possible mortgage options and guidance. We understand that each client is unique, and we take the time to understand their needs and find the best solutions for them. 🌟 To be successful in this field, we need to have a deep understanding of the different lending guidelines from various agencies. From FHA to VA, conventional to jumbo, keeping up with the ever-changing rules and regulations is a must. We strive to stay informed and educated, so we can provide accurate and up-to-date information to our clients. 💡📚 But perhaps the most crucial trait we possess is GRIT. The mortgage industry can be challenging and competitive, but we rise to the occasion. We face obstacles head-on and never give up. We embrace the challenges as opportunities for growth and improvement. Our determination and resilience drive us to excel in this fast-paced world. 💥🚀 So, if you're looking for a mortgage loan officer who will work tirelessly for you, look no further! We are here to guide you through the lending process, provide you with the best options, and make your dreams of homeownership a reality. 💙🔑 Joy Cluff NMLS 115518 https://lnkd.in/gg2sgcu9 #MortgageLoanOfficer #WorkEthic #Knowledge #Grit #Homeownership #dreamscometrue

Things NOT To Say To Your Lender: 1) Anything untruthful. (Lying to a mortgage lender can ruin your chances of approval) 2) What's the most I can borrow? (You haven’t done your homework and sound uninformed) 3) I forgot to pay that bill again! 4) Check out my new credit cards! 5) Which credit card ISN'T maxed out? 6) Changing jobs annually is my specialty! 7) This salary job isn't for me, I'm going to commission-based. 8) I'm getting a cash gift from my parents for the downpayment. 9) So foreclosure, how's that work? 10) What is a credit score? A mortgage loan application process involves a full examination of your financial background. While there may be a lot of questions and documents to complete, staying honest and knowing what to say to your lender can help you close the deal. Remember, your goal is to get approval and the best rate available. Josh Hartman - Preferred Rate 📱847-521-0523 License#215294 #joshhartman #preferredrate #Lender #Broker #Mortgage #illinoisbroker #illinoislender #lenderinillinois #brokerinillinois

Have you heard of our Loan Officer Launch Program? This program will transform your mortgage career. We will teach you how to have consistent business in the mortgage industry. We all know the roller coaster ride of being a loan officer – the highs, the lows, and everything in between. From closing 5 loans one month to 1 the next, it’s time to break free and achieve consistent success. Discover the fundamentals needed for a predictable and thriving business through our Loan Officer Launch Program. DM us if you’re ready to take control of your mortgage career journey!

Are you intrigued by the world of loan officers and mortgage loan originators? In this video, we'll dive deep into the first year of being a loan officer and lender, shedding light on the realities of this rewarding career. Discover the ropes of the trade, from new loan officer training to understanding the core responsibilities of a loan officer. Learn how to navigate the NMLS and what it takes to kickstart a successful career as a mortgage loan originator (MLO). Ever wondered about the loan officer salary and how much loan officers make? I'll provide you with valuable information on income potential in this field, helping you set realistic expectations for your journey ahead. If you're considering a career change or are simply curious about what a loan officer does, this video is a must-watch. Don't miss out on the chance to gain valuable insights into the reality of being a loan officer and mortgage loan officer. Subscribe for more informative content on the world of finance and lending! #mortgageloanofficer #mortgageloanoriginator #mortgages

Have you heard of our Loan Officer Launch Program? This program will transform your mortgage career. We will teach you to have consistent business in the mortgage industry. We all know the roller coaster ride of being a loan officer - the highs, the lows, and everything in between. From closing 5 loans in one month to 1 the next, it's time to break free and achieve consistent success. Discover the fundamentals needed for a predictable and thriving business through out Loan Officer Launch Program. DM us if you're ready to take control of your mortgage career journey!