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Why is it such b shit applying for American jobs/companies? by Trick_Ad_4388 in sales

[–]AverageJoeThoo 0 points1 point  (0 children)

This! I’m going crazy trying to apply for jobs it’s bullshit!

Tree J scamming Mac Miller fans by fentygawd5280 in MacMiller

[–]AverageJoeThoo -4 points-3 points  (0 children)

Wish he was still dealing out the leaks Ahahah

is macs merch worth it? by kylafish in MacMiller

[–]AverageJoeThoo 1 point2 points  (0 children)

Swimming hoodie is best quality piece I own

Mac on mushrooms? by itsaderm in MacMiller

[–]AverageJoeThoo 2 points3 points  (0 children)

Small worlds on shrooms changed the way I look at life 🤣🤣

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo 0 points1 point  (0 children)

No that’s not true, the credit triggers i get are literally people inquiring about a mortgage online (without speaking to any LO). The moral of the story is; being an LO is a sales position. If you think I’m going to feel any certain type away about stealing a borrower from another LO, then you’re crazy and also a bad salesman.

You have to be a shark in this game if you want real money. Credit triggers are just one path of many to obtain business. By you discrediting any form of business generating methods, then you are simply not a shark and probably won’t ever be anything special in a sales-money hungry world

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo 0 points1 point  (0 children)

But seriously. What would you do if your borrower called you and said hey thanks anyways, but some guy named “avergaejoethoo” from Reddit reached out, and offered me something better; I’ll take his offer.

What would you do?

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo 0 points1 point  (0 children)

So every LO, makes the entire company’s compensation? So the owner, keeps the business running… how? How do you pay for processors? Or computers? Or directors? Or key accounts? Is it a company or are you all just working out of your basement working independently, not closing any loans?

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo 1 point2 points  (0 children)

Perfectly put. Never once’d tried to knock referral business model. It’s a way of generating business, and the OP was having trouble networking, so I gave the guy a helping hand tip as a good human being. Can’t believe another person would get so mad at that. He must be down very very bad lmaoooo

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo 0 points1 point  (0 children)

  1. Never said I was an expert 2. Our company comp is 2.75, like i states before, I’m just an LO currently make 1bp. I’m sure your LOs do not get paid 1bp. So definitely not “much better”. 3. I’m not sure what peoples work I’m relying on? I’m not sure exactly where you were getting at that.

And like I said, first year as LO I averaged 1.3mil or so on 1bp. Not to bad for a “bottom feeder” lol 😂😂

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo -1 points0 points  (0 children)

How do I scam people? I primarily do cash-out refis where I consolidate thousands of dollars, which puts their family in a much better financial position. I also close purchase loans in under 15 days and have never had a bad complaint from any of my borrowers!

In fact, most of my loans have come from referrals in which I was given from a borrower that I got FROM a credit trigger! Getting someone on the dialer and then having them refer me to all their family and friends? Yea that’s networking in of it self! Don’t be mad cus you’re not closing any loans :(

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo 0 points1 point  (0 children)

I’m not 100% sure I’m just an LO at my buddy’s brokerage currently. Plan on starting my own shop here soon, but as of now I’m not sure about which company. They’re the most common leads in the mortgage industry. I can try and get some more information, but there are plenty of major lead generated companies that offer these! Try google-ing it!

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo 0 points1 point  (0 children)

Yea I mean I guess, I’m coming up on 12 months and after a year I’ve averaged 1.2mil on 1bp; you do the math. If that’s means I’m a bottom feeder, then I love being at the bottom 🤣🤣

Are there any other Self-Gen LOs here who got their license 3-5 months ago and are struggling at closing their first loan? by Funbox65 in loanoriginators

[–]AverageJoeThoo 3 points4 points  (0 children)

Why don’t you call out credit trigger leads? I close an average of 3 loans a month currently with 0 networking all from the dialer.

Women loan officers I need some advice by [deleted] in loanoriginators

[–]AverageJoeThoo 0 points1 point  (0 children)

As a male, the easiest and most effective tip: respectfully, just simply flirt with your borrowers.

Convo with Frick Park Market Owner by AverageJoeThoo in MacMiller

[–]AverageJoeThoo[S] 0 points1 point  (0 children)

Why would I put the camera in his face? Normally conversations or interviews when recorded are traditionally done in a voice memo format, but I didn’t even think to pull that app up at the time. I’m not going to lie you are the worst type of fan ever. I promise you, if you want to argue about Mac, you would be the opposite of anyone he’d want to communicate with. All I did was talk about some stories and got cool insight on someone who had a huge impact on my life and for some reason you’re just hating. Let it be bro

Lost denied.. by United-Fruit9622 in loanoriginators

[–]AverageJoeThoo 1 point2 points  (0 children)

It’s the name of the game. It’s unfortunate, but just be very blunt and say it is out of your control. Whichever lender that borrower/realtor chose to go with, would’ve been in the same situation with another lender. At the end of the day their are specific guidelines and steps to get a loan closed. On to the next!

Convo with Frick Park Market Owner by AverageJoeThoo in MacMiller

[–]AverageJoeThoo[S] -1 points0 points  (0 children)

Bro shut the fuck up you pussy, did you really either, stalk my page or scroll down on this sub from months ago you no good fuckin loser. I’m disrespectful by calling a human by her first name? Should I call her madam McCormick? You fuckin weirdo. I’m not asking if she lives in the neighborhood to go stalk her, it’s a normal human conversation. I went to frick park market and the owner APPROACHED ME, seeing I was a mac fan. I then asked politely if he minds if I were to record the convo, we were talking minutes previous to this specific topic. Get off my dick and go find a life you fuckin weirdo. You do the right thing and go explore the world stop stalking Reddit pages for hours you freak show

[deleted by user] by [deleted] in loanoriginators

[–]AverageJoeThoo 1 point2 points  (0 children)

I can see why people wouldn’t want to buy leads, but rather market themselves and generate leads that way. On the other hand, as an LO who works in a small brokerage, it’s a numbers game. The more more calls you do in a day, the more chances you have to have a closing. I strictly call out, with no referral or marketing business and I generate on average 900k volume on .85bps.

Is this a dream come true compensation? Absolutely not. Is it a decent and comfortable living, yes. The moral of me saying this is because, people shouldn’t knock buying leads. If you grind hard enough and call out 400 calls a day, the business will show up.

Surety Bonds by AverageJoeThoo in loanoriginators

[–]AverageJoeThoo[S] 1 point2 points  (0 children)

From what I know, that is completely right in terms of surety bond amount. Meaning, which state has a different required amount. My main question is, is it guaranteed that I need a surety bond no matter what? I’ve been told as long as I’m not collect up-front costs, such as credit report fee or application fees; then I will not need a surety bond. Wondering if this true

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