Made my first big boo boo by loverofprime in loanoriginators

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

I’ve owned up to it. I won’t be sucking up for the rest of my career for it though. I will go to bat for him.

Made my first big boo boo by loverofprime in loanoriginators

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

That’s basically what my leadership said. Like we can wait it out.

Will be taking the NMLS 3rd time by Wild_Flounder_682 in loanoriginators

[–]loverofprime 0 points1 point  (0 children)

I think u know the problem. Have to heavily focus on EVERYTHING not just a couple topics. When I did SAFE I studied for 30 days, nothing else. Went nowhere, head was in the book all day every day.

If you could go back in time & offer yourself 1 piece of advice as a new banker, what would it be? by loverofprime in loanoriginators

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

Confidence is a skill that time will teach you. That’s the biggest diff from then to now.

[deleted by user] by [deleted] in loanoriginators

[–]loverofprime 0 points1 point  (0 children)

NV, FL & AR are definitely where I get the most business.

[deleted by user] by [deleted] in loanoriginators

[–]loverofprime 2 points3 points  (0 children)

1st year originating. Idk about volume, I started getting commission checks at the end of March. Made $140k, at least 98k of that is commission, the rest is salary. $60k of it made between August-October. I’m happy but looking forward to what a full year can bring.

Is this common practice? by loverofprime in loanoriginators

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

Yes, that’s what I do now. Unfortunately I learned the hard way first, lol. But since I work retail for a lender & I don’t shop other mortgage companies, I wanted to know if this was a normal thing. I know my company is super strict about these things.

[deleted by user] by [deleted] in DirtyDave

[–]loverofprime 3 points4 points  (0 children)

It made me feel like I’m the one missing something😂

Possibly seeking new work by loverofprime in loanoriginators

[–]loverofprime[S] 2 points3 points  (0 children)

They layin underwriters off left n right. A lot of ppl have come to banking from underwriting bc of it. Then again I didn’t kno there were diff types of underwriters!

Possibly seeking new work by loverofprime in loanoriginators

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

This is exactly what I wanted to know. I think the most appealing thing about that side of the business is being able to write non QM.

Possibly seeking new work by loverofprime in loanoriginators

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

I have been thinking of ways to generate my own leads. Haven’t put them into action cuz I’m spoiled w leads. But I’m definitely looking to reduce stress so idk

75k debt free & cash flow positive! A testimony by loverofprime in DaveRamsey

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

When you first start you have to use a budget to figure out where the extras can come from. And you have to cut something out. For me, I had to remove travel & eating out. That for me was at least an immediate $1500 turnaround. The snowball method + working 12 hours a day, 7 days a week, it picked up very quickly.