How is business?

[kandue]

Though business is not bad but it seems I am spending more time reading guidelines now days (Perhaps that why I don’t get on here very often). I don’t see any difference in business since I have started few months ago, but every other week I get a client that you can’t do anything for them, which is very sad, especially if they already have a bad loan trying to get out of. How is thing going with you all? Any changes in your market? How are you adopting?

[loanscut]

Though business is not bad but it seems I am spending more time reading guidelines now days (Perhaps that why I don’t get on here very often). I don’t see any difference in business since I have started few months ago, but every other week I get a client that you can’t do anything for them, which is very sad, especially if they already have a bad loan trying to get out of. How is thing going with you all? Any changes in your market? How are you adopting?

how you are getting clients ? I mean the medium you get in touch with the customers ?

[no1mtgpro]

Get Niches And Focus On Those And You Will Not Run Into So Much Guideline Problems.

[tom_ryan]

Get Niches And Focus On Those And You Will Not Run Into So Much Guideline Problems.

I agree! Also know, that it is not your JOB to rescue people. People who have mortgages should be mature enough to have managed their finances in a way consistant with getting newer/better loans.

This sounds cold but you cannot wear the weight of the world.

That said, you need to ask probing questions early on to 'qualify' people. This only makes sence, you cannot spend too much time one somene who just wont qualify for a loan!

Also, lead generation by criteria can help you in marketing only to those who qualify. You can select your candidates that you'll market to my a host of selects which will help ensure your efforts bring quallified buyers.

Work with a consultant (such as my self, PLUG) who'll explain the availalbe data the reasons for selecting some over others. launch multi 'legged' campaigns that will leverage different NICHE markets to increase your exposure and statistical chances of closing more loans.

Hope this helps, let me know if I can answer any specific questions!

Regards,

Tom

[berniecmps]

The business is amazing. I have observed the masses and done the opposite.

Learn about short sales this is an easy solution to your money & loan challenges, because you can help Realtors out in this market, and you become the trusted advisor.;)

Look at all avenues of the business, how about marketing to current homeowners who have their home up for sale, they are going to need a new mortgage on their new home..;)

[OregonLO]

business has been good to me. It can always be better and i can always do more loans because when I have too many loans to do I'll get an assistant. Rates are low and people still want to buy and refinance. Its just a matter of getting them.

[LOTrainer]

business has been good to me. It can always be better and i can always do more loans because when I have too many loans to do I'll get an assistant. Rates are low and people still want to buy and refinance. Its just a matter of getting them.

I completely agree with this statement! You can never have too many loans to work on. That is actually one of my goals by the end of the year; hire a team of LO's to work for me so I can concentrate on the training aspect of things!

[martman]

Exactly, you can never have too many loans to work on... well said.

[jtrenton]

How is your business in the last 2 months?