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Commercial Loan Officer Career Opportunities
Posted by Gustan on June 17, 2023 at 5:30 amProducing loan officers and real estate agents interested in originating commercial loans and business loans. Please email me at gcho@gustancho.com. We are a one stop mortgage shop. Visit us at http://www.lendingnetwork.org.
Juan replied 3 weeks, 4 days ago 5 Members · 12 Replies -
12 Replies
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looks like you’ve got some great programs… I’ve been noticing that many loan officers have made the pivot to commercial… How much work will the LO need to put into a commercial loan vs the residential loans they are doing now?
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John, depends on the type of commercial loan. Equipment financing is just a two page application and sake day funding. Just like a credit card application. $500 million dollars hotel, it can be five months of hard work. In general, commercial loans are hands down easier.
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I was talking with Dianne yesterday and the commercial programs are amazing!
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I know. Sounds too good to be true, but it is true. Dianne Burnett is the real deal, and I was a skeptic. I thought I was a commercial loan guru. Not even close compared to Dianne.
I am looking forward to kicking ass on the commercial loan side of the business. What Dianne and I are getting to launch is a one-stop lending shop. Commercial loans, business loans, residential loans, credit cards, business loans, equipment financing, car financing, RV financing, boat loans. home loans over five million, SBA loans, church financing, and joint venture loans.
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Yeah, I’ve spent the last few days learning more about the commercial programs being offered… There are a lot of additional ways that loan officers can use to increase their income in a high rate environment with low inventory.
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The economic environment is beyond crazy, and homebuyers and real estate investors need to be careful on the inflation numbers, the high cost of rents, the high cost of housing, and skyrocketing rates. There is no way rates can keep on going up and up. Food prices, costs of homes, and costs of goods and services keeps on escalating week after week. Inflation numbers are far higher than 10%. Inflation is even higher than 30%. Look at the price of a 12-pack of soda from a year ago. It was $2.99 per 12-pack at Walgreens. Today, a 12-pack of canned soda goes for $9.99 or more. That is more than 300%. Brand new pick up trucks and SUVs cost close to $100,000. While costs of goods and services and home prices is shooting through the roof, wages remain constant. $100,000 a year used to be considered high income. Now, $100,000 plus salary do not mean anything. Seems the government is trying to hurt families by letting prices get out of control. Pretty soon, people will not only be available not to afford cars and homes but they will not be able to buy groceries with the prices sprialing out of control. For the FEDS and globalists, it is easy because all they need to do is just print more money. The dollar not being backed by gold, or precious metals is going to be a major problem like never in history. I predict the FEDs shutting down and going back to a new currency backed by Gold and Silver. Too much corruption for the dollar not being backed by anything.
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That is really scary. I was surprised in WA we are almost $5.00 a gallon. Food is off the charts, your forced to make more or provide less for your family. Scary times we live in and each move needs to be strategic, I think having more options and strand of income is a great choice yo help get past the storm that’s coming.
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We should always be looking to the future here at GCA. I love this option and am pushing hard to make this a reality for myself.
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Me too, I feel like it’s important during this time.
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Absolutely agree with you John. We have to evolve! So glad to be adding commercial loans!
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Got it! Anyone interested in originating commercial and business loans should definitely reach out to you via email at gcho@gustancho.com. Plus, checking out the offerings at lendingnetwork.org is a smart move. Sounds like a great opportunity for those in the industry!