Forum Replies Created

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    Gustan Cho

    Administrator
    July 22, 2023 at 12:22 am in reply to: Revenue Share Offered By Lenders

    Here is the career opportunity blog on http://www.gustancho.com

    https://gustancho.com/remote-mlo-career-opportunities/

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    Gustan Cho

    Administrator
    July 22, 2023 at 12:12 am in reply to: Revenue Share Offered By Lenders

    So every time a recruit closes a loan, you get $999 and your upline gets $500 per loan? I don’t think there’s enough money to spread out.

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    Gustan Cho

    Administrator
    July 21, 2023 at 10:46 pm in reply to: Late Payments in The Past 12 Months

    More and more mortgage loan applicants have late payments in the past 12 months than ever. I have never seen so many late payments in the past 12 months of borrowers in my entire mortgage career than now. Is it inflation? Is it high rates? Is it skyrocketing housing prices? Or is it that we are going to have another Great Reset like the Recession of 2008. It was more like the Great Depression of 2008 than the Great Recession of 2008. I can bet anything we are going to have a collapse of mortgage rates. Housing prices need to correct about 30%. Home prices are overly inflated.

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    Gustan Cho

    Administrator
    July 21, 2023 at 10:41 pm in reply to: Revenue Share Offered By Lenders

    Edge Home Loans offers $500 per recruit, from what I heard. I think it is a one-time deal only. Do you know anything about it? I think CEO Kortas was the first person to start the Revenue Share program, and others imitated it. Loan officers work their asses off to get one deal done to get paid a one time commission is human abuse. Like insurance agents, there has to be a change in the industry where loan officers get residual income on the interest lenders make while the lender is servicing the loan. If insurance companies do it, why can’t mortgage companies?

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    Gustan Cho

    Administrator
    July 21, 2023 at 1:04 am in reply to: DIY CREDIT REPAIR

    Email at gcho@gustancho.com. John Strange used this for his client and in one day credit score shot up 87 points. One late payment removal

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    Gustan Cho

    Administrator
    July 21, 2023 at 1:02 am in reply to: DIY CREDIT REPAIR

    We need to get your Secured Credit card links on this forum. Make a new TOPIC section with a super sticky.

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    Gustan Cho

    Administrator
    July 21, 2023 at 1:00 am in reply to: DIY CREDIT REPAIR

    Thank you, Counselor

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    Gustan Cho

    Administrator
    July 20, 2023 at 6:28 pm in reply to: One-Stop-Online Loan Officer Career Website

    Let me know if you need any help my man.

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    Gustan Cho

    Administrator
    July 20, 2023 at 5:53 pm in reply to: UTAH PLM EXAM

    I need multiple choice practice exams for the Utah PLM exam. Do you know where I can buy them? I cannot find shit on practice exams.

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