Mortgage Lending
Alumni Success Story: Jessie Goodman
Mortgage Lending, Real Estate, Resources, Student Success Stories
November 6, 2019 |
Hondros College is proud of our alumni and the hard work they put into achieving their successful new career. We sat down with Jessie Goodman, former mortgage professional, turned real estate agent and later real estate broker, and asked her about her journey. Why did you change from mortgage to your current field? I have… Read more
Top Ways Successful MLOs Use Social Media
Blog, Mortgage Lending
September 12, 2019 |
As a mortgage lender, you already spend a lot of time with people. You know that marketing and networking are important, but you might be apprehensive of using social media. There are many reasons people do not use social networking in their business. Perhaps you feel like you prefer traditional ways of face-to-face marketing, cold… Read more
Best e-Signature Tools for MLOs
Blog, Mortgage Lending
August 8, 2019 |
Mortgage loan originators play an important role for prospective homeowners. These are the agents that make the buying process free of undue stress. Initiatives that make the document signing process easier to reduce administrative burdens on MLOs and result in more happy clients. One such example is an e-signature tool, which saves time and paper… Read more
4 Things First-Time Buyers Look for in a Mortgage Loan Officer
Mortgage Lending, Real Estate, Resources
July 11, 2019 |
Thirty-three percent of all people who purchased a home in the United States in 2018 were first-time buyers (according to Statista), and many of these used a mortgage loan officer to finance their move. If you work in the mortgage or financial services industries, it is important to know what first-timers look for when applying… Read more
More Referral Sources for Mortgage Loan Officers
Blog, Mortgage Lending, Real Estate
May 8, 2019 |
In order to be a successful mortgage lender, it’s important for you to have multiple referral sources. Establishing the referral sources can be difficult to do though. Thinking outside of the box and looking beyond local real estate agents and financial planners could be very helpful to you. The following guide provides two referral source… Read more
5 More Marketing Tips for Mortgage Loan Officers
Blog, Mortgage Lending
April 24, 2019 |
Marketing is a part of business that many people struggle with. As a mortgage loan officer, you likely face many of the same challenges when it comes to finding new clients. While a strong marketing strategy is key to growth, laying one out will take time along with a good deal of trial-and-error. Here are… Read more
7 Marketing Tips for Mortgage Loan Officers
Blog, Mortgage Lending
March 14, 2019 |
The mortgage loan industry is extremely competitive. This means you’ll need to make the most of every marketing opportunity available. The following are several marketing tips to give you a competitive edge. 1. Update Your Website Updating your website on a regular basis is a necessity when trying to stay relevant in the digital age…. Read more
How to Know Whether a Client Qualifies for a USDA Loan
Blog, Mortgage Lending
December 20, 2018 |
As a mortgage loan officer (MLO), you will have clients in all different types of situations. They will be looking to you to provide the information they need to make an informed decision about how they’ll finance their home. A conventional loan may not be the right answer for every client. For example, if you… Read more
Delaware County Recorder Issues Notice of Documents Not Timely Recorded
Blog, Mortgage Lending
November 2, 2018 |
On October 26, 2018, the Delaware County Recorder issued a notice that certain documents filed with its office were not timely recorded. The notice indicates on October 19, 2018, the office located approximately 30 documents were not timely recorded. The documents were presented to the office over a period of approximately the last 3 years…. Read more
How Zillow is Entering the Mortgage Lending Business
Blog, Mortgage Lending
September 5, 2018 |
Zillow promises to be a one-stop shop for homebuyers if its announced acquisition of Mortgage Lenders of America goes through. The August 6, 2018 announcement heralds a new integration for real estate giant, Zillow. Already strong in buying, selling, and renting homes, apartments, and condominiums, the real estate clearinghouse has always advised prospective customers on… Read more
Mortgage Loan Originating: Do You Have What It Takes?
Blog, Mortgage Lending
May 17, 2018 |
A mortgage loan originator is a role that’s not for the faint of heart. You have to balance the interests of the borrower with those of the lender, be up to date on federal and state regulations concerning mortgages, underwrite the loans and have impeccable people skills. The right person will thrive in this environment… Read more
