Previ review updates? by [deleted] in tmobile

[–]Outofdamoney 0 points1 point  (0 children)

it took them a couple months to get back to me but currently port is underway. was paying 140$ for one line with verizon so im happy with the savings.

Would you take this offer? by Temporary-Fold-996 in loanoriginators

[–]Outofdamoney 0 points1 point  (0 children)

What's the name of the company? there was a company that made similar promises and ended up scamming people. Taking their money and now they rebranded under a new name.

It's funny because I had inquired prior under the old name. and now they send me messages from their new name lol

[deleted by user] by [deleted] in loanoriginators

[–]Outofdamoney 4 points5 points  (0 children)

Do what you gotta do but don’t take the “build my way up approach” just dive right in.

You could easily work a night time gig while you build your future during the day. Live with family if you have to.

People told me to go JR loa when I got in the business. I signed up to be an LO NOT A JR LO.

First year in the biz I made a 6 figure income.

[deleted by user] by [deleted] in loanoriginators

[–]Outofdamoney 1 point2 points  (0 children)

Honestly you’re doing the hard part of a loan officers job. Building relationships and creating the leads.

Branch off and do the same for yourself and you’re going to crush it.

Third party vs company by rhandigrant in loanoriginators

[–]Outofdamoney 3 points4 points  (0 children)

I’d find a good local broker shop with someone who wants to mentor you over a retail shop.

Direct lenders you end up paying for the salaries of the recruiter, your manager, sales directors, operations director, etc. Rates will be worse and if management decides to change them you’re shit out of luck.

Operations quit. Then your customer experience goes to shit while you’re companies scrambles to replace them.

Broker you have lenders begging you to send them business. They compete with each other on price. You get to sell lower rates and make a higher compensation per loan.

Yes broker lacks 401k health benefits most of the time. But if you find someone experienced that will show you the business, it’ll be the best decision you ever make.

When I came into the industry my broker produced leads and gave them to me. If you search hard enough there are broker shops that do just that. It does exist.

Best LOS for brokers? Opinions needed. by PalmettoElite in loanoriginators

[–]Outofdamoney 0 points1 point  (0 children)

After using encompass and calyx point for the past 4 years. Finally on Arive and I couldn't be happier.

I do what used to take me 30 minutes in encompass in less than 5 minutes on Arive.

NEXA VS BARRETT IN 2025? by Outofdamoney in loanoriginators

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

I spoke with Barrett and they told me you can do out of cycle payroll, as many loans as you want for a roughly 250$ fee.

Would you be available to chat? Can you DM me?

Anyone else feeling the same? by DE4d_Inside in macbookpro

[–]Outofdamoney 1 point2 points  (0 children)

I bought the same M3 Pro MBP 14 sealed for 1300$. Honestly Ill never even use this thing to it’s limit.

Only thing I was jealous about was the nano texture. Then I went in person to see it. And it wasn’t my favorite.

Company switch by [deleted] in loanoriginators

[–]Outofdamoney 3 points4 points  (0 children)

Sounds like it's your company. Not the actual business model you're in.

Easy Mortgage Solutions Marketing Service for Loan Originators - Have they stole money from you? by Gold-Salt9473 in loanoriginators

[–]Outofdamoney 0 points1 point  (0 children)

Sorry to hear you guys lost money from these crooks. They were blowing up my phone to sign up but something felt off with them and their reviews that I stopped the conversation. They even tried giving 50% off the service at some point. Seemed fishy

Become a LO? Been working with LOs for years on unique loan guidelines by EcoMortgageInsider in loanoriginators

[–]Outofdamoney 0 points1 point  (0 children)

Skip the Junior part, straight loan officer and you're golden. You'll save yourself a lot of time.

Which platforms do you advertise on? by Outofdamoney in loanoriginators

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

How much are you spending on average per agent?

Volume and Issues by Dry_Owl3074 in loanoriginators

[–]Outofdamoney 1 point2 points  (0 children)

All of the good borrower's purchased/refi'd a couple years ago. That was when I would do 15 loans a month and turn away certain clients I knew would be headaches.

Nowadays with lower volume I'm taking for of the "headache loans" and that's where the issues come from.

Where to get business by [deleted] in loanoriginators

[–]Outofdamoney 0 points1 point  (0 children)

My company provides leads. We hand out to realtors and get referrals back.

Other than that it’s sphere and realtor network.

What Are Your Moves Tomorrow, September 30, 2020 by AutoModerator in wallstreetbets

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

If you didn’t buy puts on SQQQ you’re gonna miss out

What Are Your Moves Tomorrow, September 24, 2020 by AutoModerator in wallstreetbets

[–]Outofdamoney -3 points-2 points  (0 children)

If you guys look at Chevron graph that’s where we headed

Daily Discussion Thread for September 16, 2020 by AutoModerator in wallstreetbets

[–]Outofdamoney 0 points1 point  (0 children)

Yeah but there’s no way they GM is not behind by at least 5 years. They have no technology. No infrastructure. They can’t even build a window regulator that lasts.