Some mortgage originators are thriving, even in today’s tough climate.
What are they doing right? What will keep them on top?
Just as importantly, how can mortgage lenders recruit, nurture, develop and support their own talented originators?
This study, conducted in July 2011, asked more than 50 questions of originators producing at the very highest levels, with a median loan volume of $56.5 million in the prior 12-month period. Here are the lessons:
7 Refinance Strategies
Refinance to a lower interest rate: If interest rates have dropped since you took out your original mortgage, refinancing to a lower rate can help you save money on your monthly payments and reduce the overall cost of your loan. Refinance to a shorter loan term:...