Mortgage Brokers-Loan Officers - Making money in this business is all To You

It 's funny to me how people can sit there and complain about not having any business coming in, but at the same time can have a 2 hour conversation on the latest "Dancing With The Stars" episode. So you get the guy sitting at his computer for 3 hours intuitively its strategy fantasy football, but it goes "boo-hoo" at the end of the month when their salary is not very large.

This scenario applies to all? Heck no, but I bet a lot of people know a loan officer who is or has been guilty. Also, I'm sure you smile because it could have been done by themselves at one point or another and you know what I'm saying. Oh, before you think I'm just blowing smoke, I'll tell you that I've been there, done, but spoke of "The Shield" and "24".

The bottom line is that it's all up to you when it comes to making money in the mortgage business. Blaming your income on a lack of business just will not cut. If what you are doing is not producing, guess', chances are you're doing is wrong! Change something. Analyze, do something different. Instead of Starbucks for a coffee in the morning, go to a coffee shop different. Instead of taking the highway to work, try the back roads. Enter into a different routine.

The loan officers are making money left and right in the mortgage business, even in this market. What is the difference between them and the LO is not producing? The only thing I can say with any precision is that I can promise you is more or less their work habits are a bit 'different from the "Manager Loan money is not doing."

Lots of Mortgage Brokers and LO do not understand that they are, for the most part, the self-employed. Maybe not on their W2, but their mentality has to be so. Think about it, their income is based primarily on their business, not anyone else. They are the focal point of their financial situation.

I do not know how much longer I can be clear on this. {If this statement just made you mad, ask yourself why, but do not be angry with me for pointing it out} I'm not trying to beat anyone up, I just want to make you think about your company and where it can take you. If you're not where you want to be, then change. Wear different clothes, get another hair style, read different books, just change something and see what happens. Get minded focus differently and see what that does for you. It 's totally up to you, so go out there and do what you gotta do! ......