My First Two Years As A Loan Officer (Honest Experience)

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  • čas přidán 21. 07. 2024
  • In this video I share my honest experience of being a loan officer for 2 years. I often get asked what it is like being a loan officer, how it's going for me in a tough market, whether or now someone should join, how much money I make and much more so I decided to make this video for you guys covering most of those questions. At the making of this video I am just 2 years in the business! Make sure to also check out the video I made where I go over my 1st year in the business.
    My Website/Online Store:
    ► enriqueandgreatness.com/colle...
    FOLLOW ME:
    ► LinkTree- linktr.ee/EnriqueandGreatness
    Special Links For Loan Officers:
    ►NMLS 20 hr Pre-Licensing Course // 20% OFF
    partners.oncourselearning.com...
    ✅ We are hiring!!!✅
    LOOKING FOR A GREAT MORTGAGE COMPANY TO WORK FOR???
    1. Email me: Enriqueandlending@gmail.com
    2. In the subject line put "LO Careers"
    Special Links For Real Estate Agents:
    ►Pre-licensing // 30% OFF USE EnriqueREPRE30
    info.mckissock.com/enriquepre30
    ►Continuing Education // 30% OFF USE EnriqueRECE30
    info.mckissock.com/enriquece30
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    1. Oxford Concise amzn.to/38kTsJ7
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    DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply.
    Loan Officer
    NMLS# 2017885
    My email: enriqueandlending@gmail.com
    Equal Housing Opportunity Lender
    Licensed in CA
    #realtors #realestate #loanofficer

Komentáře • 31

  • @EnriqueGreatness
    @EnriqueGreatness  Před 11 měsíci +5

    Thanks for watching! If you are interested in becoming a loan officer and want to start working on getting your license, below are some discount codes for your 20hr pre-licensing course and a really good test prep program that helped me pass on my first try!
    ►NMLS 20 hr Pre-Licensing Course // 20% OFF
    partners.oncourselearning.com/mortgage/enrique

  • @trentf4583
    @trentf4583 Před 7 měsíci +1

    Hi! Thank you so much for taking the time to teach what seems like such a difficult industry to find a lens into. I am interested in your company as well if you are still there and are hiring!

  • @CarlosRamirezTrades
    @CarlosRamirezTrades Před 11 měsíci +1

    Thanks Enrique! Education and training is a great insight you mentioned

  • @simonefindlay6465
    @simonefindlay6465 Před 8 měsíci +7

    loan officers make more than realtors

  • @samhogue7879
    @samhogue7879 Před 11 měsíci +9

    Love the insight. I’m 6 months in and I’ve been trying my best to follow your steps. This is 1000% harder than being a real estate agent !!!

    • @JazMonTV
      @JazMonTV Před 11 měsíci

      Hey Sam! How would you say being a MLO is harder than being an agent? And would you say it’s still worth it even though it is harder?

  • @mprrx
    @mprrx Před 5 měsíci

    Question: there is a grant for police, teacher, etc. as loan officer you have acces to the info and the program, but this particular group tell they can go only with lhis lender and with FHA.and limitation in the buying $$$. Is normal in the business?

  • @PierreBellew
    @PierreBellew Před 4 měsíci

    I am a "loan officer" or "home loan consultant" in South Africa.
    The competition here is fierce and the estate agents are high maintenance and and and...
    I do the business so differently that I dont even have the competition the other officers or consultants have.
    Maybe I should come over to visit and give it a bash while on holiday.

  • @KelvinCmortgage
    @KelvinCmortgage Před 11 měsíci +3

    Hey Enrique! Been following you for awhile! Loving the content and I just want to say your tips and tricks are helping me out as I'm a new loan officer in Canada and even though I haven't closed any files yet, my sales pipeline is becoming thicker each day :D

  • @tnewsome9121
    @tnewsome9121 Před 5 měsíci

    I passed the exam on January 20th. I am starting the application process now. I need a sponsor. Is that when you get hired at a company? I asked because I have my current job and I can't up and quit right now. June gives me time to become an MLO.

  • @TheRealDestineeLanese
    @TheRealDestineeLanese Před 4 měsíci +1

    Thank you for this

  • @quanronghu4900
    @quanronghu4900 Před 8 měsíci +2

    as a new LO, where to learn the basics... ? company doesnt teach

  • @torisundi
    @torisundi Před 4 měsíci +2

    Does your company offer remote positions?

  • @first1pat1
    @first1pat1 Před 11 měsíci +1

    I just emailed you Enrique.

  • @kadurahtutorials
    @kadurahtutorials Před 8 měsíci +1

    Hi Enrique!
    Nice content as always. Last time I watched your video and came up with this question but could not ask at that time. Where can I download guidelines (FHA, Conventional, Fannie Mae, etc.)? Thank you!

    • @EnriqueGreatness
      @EnriqueGreatness  Před 8 měsíci

      Your lender should be able to provide these. Each lender has their own set I haven’t been able to find them online.

    • @kadurahtutorials
      @kadurahtutorials Před 8 měsíci

      @@EnriqueGreatnessThanks a lot!

  • @JaclynHolyfield
    @JaclynHolyfield Před 10 měsíci +1

    Hey, I'm a fresh MLO and interested in your new company! :)

    • @EnriqueGreatness
      @EnriqueGreatness  Před 10 měsíci

      Awesome! Congrats! Send me an email and I’ll connect you with a recruitment officer. Info in description

  • @candycegraham3212
    @candycegraham3212 Před 5 měsíci +1

    How much do new lo make their first year? I’m scared to make the jump to fully commission

  • @quanronghu4900
    @quanronghu4900 Před 8 měsíci +1

    im a big company , nobody answers my question lol, in bay area, lol lol lol im so mad

    • @EnriqueGreatness
      @EnriqueGreatness  Před měsícem

      Really the best thing would be to have a 1 on 1 coach at the company you are at. Very very few companies offer this so the only other option is you figuring things out for yourself which is okay. I had to do the second and just figure things out on my own. I also watch a lot of Mortgage Coach Videos. Great channel

  • @JamesSmith-uc8nt
    @JamesSmith-uc8nt Před 3 měsíci +1

    you know as someone who owns a home and has to pay monthly mortgage its what makes jumping into a career like this hard. Idc about making my 1st 5-20K I'll already be thinking of the next deal to close to even really care about that

    • @EnriqueGreatness
      @EnriqueGreatness  Před 3 měsíci

      Exactly!!! Takes a lot of discipline and I don’t recommend it for people who are jumping in cold with no other income

  • @19Mackie
    @19Mackie Před 2 měsíci +1

    Do they still hire you if you have an assault charge?

    • @EnriqueGreatness
      @EnriqueGreatness  Před měsícem

      I would call the NMLS and ask they have great customer service team.