Why Become A Loan Officer: Part 2
Welcome back for part 2 of my multi-part series on the ins and outs of what a loan officer does, why you should become one, developing leads, branding yourself, etc. If you haven’t read my previous articles, I am owner of www.loanconsultants.org, the 1 stop shop for your mortgage and lending needs. If there is one thing you can count on in this series, it is my complete 100% transparency to the industry, what you can expect, and how you can be super successful. My goal is to recruit, train, and work with the most dedicated individuals in their quest to financial freedom! Now let’s get on to part 2. If you missed part 1, we discussed the following: What a loan officer does, loan officer qualifications, and flexible office location.
Why Become A Loan Officer
There are many reasons to become a loan officer, and I have brushed upon a few in part 1 of this series, but let’s go over them in more detail shall we? One of the main reasons I am choosing to be in this profession is the ability for me to directly help people and make their dreams come true. At the end of the day most people still have the dream of owning their own home and I want to make it happen for these people. There is nothing better than helping an individual who came across some hard times, are back on their feet, and got shot down by the big banks. Here we do not have any lender overlays and can make deals happen 100% of the time once you receive a preapproval. We treat every client like family and want nothing but the best for them. Another reason to be a loan officer is the flexibility in the time you work. This is one job where you will definitely get what you put in. If you are satisfied with making $100k per year, you can do that, but if you are hungry and aggressive, you can easily make $200K+. The final reason to jump into this rewarding field is the added ability to work from home. If you are tired of the corporate “9 to 5” job, this will get you out of there in no time.
Developing Leads As A loan Officer
Now the one downfall to becoming a loan officer with a “big name” lender and not with us is that you will be responsible for generating your own business through the purchasing of leads and cold calling. Now just think about it like this, you have been on the receiving end of those telemarketing type calls, how often do you even let the individual get their entire pitch out before hanging up on them? The answer is never, I for one don’t like giving these people the time of day for them to tell me about some great deal. What is it like to work for us you might ask? Well with our industry leading lead generation we have potential clients reaching out to us direct without having to cold call anyone. I will go into more details about this in part 3 of the series. For now, all you need to know is to get you on your feet, we will give you leads to follow through on that will close 100% of the time. No other bank can guarantee you this, and we challenge you to go out and find a better offer than this. You will take the leads that we get you, and you will develop your own leads from every deal you close. Just think about it, in every deal you will have exposure to 2 real estate agents, a buyer, and a seller. If these individuals see that you can close loans with “difficult” borrowers, you know they will be calling you first the next time they need 100% success. As you close deals are market yourself to everyone you come into contact with, you will be busier than you know in a short amount of time. Trust me, it works. If you have liked what you have read so far and are interested in joining the team here at www.loanconsultants.org please call me directly at 888-900-1020 or email at firstname.lastname@example.org. We are here for you 24-7!