Loan Officer Gustan Cho
Loan OfficerForum Replies Created
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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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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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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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3 inch lift kit, 22 inch OEM wheels, air condition and heated seats, stereo/nav/speaker system, after market moldings, CD, clear coat, and undercoating.
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🤣
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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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This reply was modified 1 month, 1 week ago by
Sapna Sharma.
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This reply was modified 1 month ago by Sapna Sharma.
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This reply was modified 1 month, 1 week ago by
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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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Thank you, Counselor
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