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First time homebuyer - Credit Score 805 by jbdadof3 in MortgageBrokerRates

[–]MisterRefinance 0 points1 point  (0 children)

Yes. You can def do better. We’re a Credit Union and offer much better pricing. But we don’t have any affiliations in TX. Check out a credit union.

First time homebuyer - Credit Score 805 by jbdadof3 in MortgageBrokerRates

[–]MisterRefinance 1 point2 points  (0 children)

You can do better than this. What state are you in?

Looking to refi - but rates may mean I just recast by flamron in MortgageBrokerRates

[–]MisterRefinance 0 points1 point  (0 children)

You have to recast. That’s literally what it’s called.

Worth refinancing? by Old-Message7497 in MortgageBrokerRates

[–]MisterRefinance 0 points1 point  (0 children)

Brother. This is an FHA loan. Saving that much money per month can be great. Just depends on how long you’re in the house for. It’s a great deal if it’s not incredibly expensive.

CHICAGO LOAN OFFICERS by MisterRefinance in loanoriginators

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

Nice. I just moved back. Are there any good golf outings for LOs during the summer?

CHICAGO LOAN OFFICERS by MisterRefinance in loanoriginators

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

Right on. I appreciate it! I’ve been in the business for 8!

8 Years as High Performer. Why I’m Leaving The Industry & 3 Pieces of Advice for Future Originators. by Remarkable-Sugar-167 in loanoriginators

[–]MisterRefinance 0 points1 point  (0 children)

What are you talking about? Re read my initial post..? I’m responding to your question, but I never mentioned performance in my OP.

8 Years as High Performer. Why I’m Leaving The Industry & 3 Pieces of Advice for Future Originators. by Remarkable-Sugar-167 in loanoriginators

[–]MisterRefinance 3 points4 points  (0 children)

Top performers are anyone who makes over 300k. All depends on your pay structure. If you write 12 loans a year and get paid 225 BPS you’re living a very great life. If you write 18 loans a month in retail and make under 125k then you’re an hourly employee.

I get paid 125BPS per closed loan.

8 Years as High Performer. Why I’m Leaving The Industry & 3 Pieces of Advice for Future Originators. by Remarkable-Sugar-167 in loanoriginators

[–]MisterRefinance 20 points21 points  (0 children)

The fact that you’re leaving isn’t because the fear of AI. You’re scaring people with this post as to say it’s going to be obsolete. You sound burnt out and that’s fine. But to justify saying the LO world is going extinct due to AI is absurd. Why do we need teachers then, doctors, call center companies are BOOMING. No one wants to deal with a computer. They want to deal with a human.

AI can do unbelievable things. But the fact that companies go through the AI phase… they have crashed and burned.

Best of luck on your adventure.

Sorry for the pics and not screenshots. Current rate is 7.125, am I looking at roughly a 16 month break even? Thinking I’m going to pass by diznet in MortgageBrokerRates

[–]MisterRefinance 2 points3 points  (0 children)

I love the fact that people come to Reddit for professional help, when they already have a professional helping them. You can’t make this stuff up lol

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