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How To Survive a Career as a Mortgage Loan Officer
How do mortgage loan originators surviving these days during times of high mortgage rates, volatile and uncertain secondary mortgage markets, skyrocketing inflation numbers, one of the worst economies the United States is going through, surging home prices, politcial unrest and the media not reporting the truth, and uncertainty in the housing and mortgage markets. Home prices have increased 50% or more in the past three years, mortgage rates have gone from 3% to 8% in a 18 month timespan, mortgage companies closing their doors without much notice, and lenders laying off not just processors and underwriters but loan officers as well and cutting important expenses that should not be cut.