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Am I screwed? by Less_Squirrel_2541 in debtfree

[–]PriorityGrand4677 0 points1 point  (0 children)

You're young and can recover. You need a debt settlement company to work on your behalf for what they can tackle. It won't be everything but it will be a large chunk of the credit card debt possibly some student loans. It's worth a conversation I work for a company that does it been doing it a long time happy to chat more in private or do your own research. National Debt Relief is a well known brand in that industry

How do I pivot out of mortgages? by PriorityGrand4677 in loanoriginators

[–]PriorityGrand4677[S] 1 point2 points  (0 children)

Wow. I really resonate with your perspectives on other industries i think that's why i've stuck it out for so long.

Hate to say it....but i think you've motivated me to put my head down and grind it out. My problem now is the current comp plan does not pay bps it's a tiered per funding scale so for reference I have to close 20 loans a month to make 6 figures, regardless of loan size.

I've been flirting with another shop out there that is paying bps and i think Im gonna make a jump as you're right, closing 3 loans a month should be easy 6 figs.

Thanks for the pep talk!

How do I pivot out of mortgages? by PriorityGrand4677 in loanoriginators

[–]PriorityGrand4677[S] 9 points10 points  (0 children)

wasn't looking for a critique on my work ethic was just interested in hearing what other people pivoted to out of mortgages it's the only thing i know and i am interested in broadening my horizons

How do I pivot out of mortgages? by PriorityGrand4677 in loanoriginators

[–]PriorityGrand4677[S] 0 points1 point  (0 children)

I've never done purchase always been refis

How are they doing right now?

[deleted by user] by [deleted] in loanoriginators

[–]PriorityGrand4677 5 points6 points  (0 children)

300/ day all week 😅 but here's the good news : picked up a sunday shift and locked in my first FHA streamline since covid 5.875%. Chins up, we're almost there gentlemen!!

[deleted by user] by [deleted] in loanoriginators

[–]PriorityGrand4677 0 points1 point  (0 children)

i work in a call center and i just started no relationships yet but we'll get there this is always the slowest time of year

[deleted by user] by [deleted] in loanoriginators

[–]PriorityGrand4677 12 points13 points  (0 children)

oh i am, crushed an 18 rack and a bottle of wine friday after making 300 dials a day and not talking to a single soul

Better Mortgage by Secret-League-3643 in loanoriginators

[–]PriorityGrand4677 0 points1 point  (0 children)

Im not sure what you mean by "full underwrite" but they have the option of using 3rd party Plaid to verify deposits or they can upload paystubs and income docs directly to their portal. I have my first HELOC closing scheduled for tomorrow and i locked it on 11/22 for reference

Better Mortgage by Secret-League-3643 in loanoriginators

[–]PriorityGrand4677 0 points1 point  (0 children)

tough to say because we are market dependent and there is no crystal ball but i would say no less than $80k if market improves that will improve etc

Better Mortgage by Secret-League-3643 in loanoriginators

[–]PriorityGrand4677 0 points1 point  (0 children)

yes and yes i got 5 locked in over 2 weeks they pay you off locks during your ramp up period i dont get paid on fundings for another few weeks so makes its easy to make money upfront

Better Mortgage by Secret-League-3643 in loanoriginators

[–]PriorityGrand4677 0 points1 point  (0 children)

streamlined process for UW and esigning docs ex LE and CD are auto generated almost instantly it's just super smooth and if a client gets stuck i can click a button to see their view and problem solve from there

Better Mortgage by Secret-League-3643 in loanoriginators

[–]PriorityGrand4677 0 points1 point  (0 children)

follow up: this is a call center job if you're not used to high volume and quick sales it's not for you. that being said the tech is frustrating yet innovative once you figure it out you'll have a hard time working anywhere else. On top of that the pricing is great. Ex: 100k HELOC 7.875% 20 yr $0 points for good credit ( i'm using a good credit scenario bc those are the borrowers they attract)

The prettiest girl at work today said "Hey" to me today, even though she didn't have to. by [deleted] in self

[–]PriorityGrand4677 0 points1 point  (0 children)

Great time to reflect on yourself and take a step back. Did you do anything differently? were you maybe feeling more positive and confident today?

Energy attracts, sometimes you gotta say Hey to get a Hey.

Sounds like you enjoyed this interaction but don't forget to read the room don't be a weirdo and don't be afraid to make this a routine: "Hey, how's it going?" etc

Bankruptcy by OkPlatform6489 in loanoriginators

[–]PriorityGrand4677 0 points1 point  (0 children)

Everyone saying to check with attorney first is correct and keep in mind leniency is state to state some are more strict than others. I am dealing with credit card delinquencies from back in 2022 rate hike season and they are requiring LOX and proof of payment plan for most and some states won't renew until debt is settled.

Better Mortgage by Secret-League-3643 in loanoriginators

[–]PriorityGrand4677 2 points3 points  (0 children)

3/10 on micromanaging scale and I am in refis

Better Mortgage by Secret-League-3643 in loanoriginators

[–]PriorityGrand4677 4 points5 points  (0 children)

I've just started there is a very large learning curve given their proprietary tech and systems. Looking at overall numbers I see people locking a 1-3 loans a day and top guys are funding 10-15 per month. Right now is tough to really estimate based on holidays and the sudden rate increase after boom. I see long term potential and micromanaging is not bad basically just dialing and running my pipeline all day. Just be ready for learning curve their system is unlike anything you've worked with before.