What It’s Like Being A Loan Officer In 2024 (Career Update//My Personal Experience)

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  • เผยแพร่เมื่อ 18 ต.ค. 2024

ความคิดเห็น • 27

  • @EnriqueGreatness
    @EnriqueGreatness  5 หลายเดือนก่อน +1

    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 called PrepXL!
    ►NMLS 20 hr Pre-Licensing Course // 20% OFF
    partners.oncourselearning.com/mortgage/enrique

  • @thenoobentrepreneur4493
    @thenoobentrepreneur4493 5 หลายเดือนก่อน +4

    🔥🔥🙏🏾tysm for the inspiration I am 8 months in and really started building my pipeline in January. I’m not going to expose my success as yet. But I do agree this is an amazing time for even us newer LO”so to get in the business. Ty

    • @EnriqueGreatness
      @EnriqueGreatness  5 หลายเดือนก่อน +2

      Exactly! Lots of opportunity for the hungry and committed LO! You got this!!!

    • @Pennheart
      @Pennheart 3 หลายเดือนก่อน

      Do you mind sharing which broker you went with ? And how is the experience so far? Any guidance provided ? I'm shopping for a broker to sponsor me I'm newly licensed ...

  • @loanswithsam
    @loanswithsam 3 หลายเดือนก่อน +2

    I started my MLO Career during the end of the ReFi Boom also. This point in time is exactly what happened during the financial crisis in 2008. Those that stuck around planted seeds and where able to take advantage of the previous real estate cycle. Anyone reading that's new to the mortgage business. Just know this is a cycle. If you hang in there long enough and work you butt off. Your business will flourish!

  • @emilydount885
    @emilydount885 5 หลายเดือนก่อน +6

    I’m in mortgage industry for 2 months.It’s a hard time for me. I’m new and didn’t close any loan in 2 months. No income for 2 months. I love my career as MLO but I think I can’t stand without income. My husband told me, his income can’t cover for my family for longer. So sad😢

    • @cuban1ta
      @cuban1ta 5 หลายเดือนก่อน +3

      Same boat. I started in mid February and I’m closing my first loan next week. So excited for my borrower. It’s a stressful process but very rewarding when you get to the end. I need more clients. I’m not making money and my husband just changed jobs and it’s not enough. We also have a one year old to make it more difficult

    • @arturkorinets2572
      @arturkorinets2572 5 หลายเดือนก่อน +1

      Are you guys doing promotion through social media? I guess it’s the key

  • @teocampos8657
    @teocampos8657 5 หลายเดือนก่อน +3

    Hi @enrique question I’m considering become an LO in California I’ve been doing my due diligence and reading about licensing on forums. One thing that’s not quite clear, if you have file for bankruptcy in the past are you still eligible to be an mlo?

  • @cutdcrap3733
    @cutdcrap3733 4 หลายเดือนก่อน +2

    Hello from ATX.
    I have learned a lot from you looking forward to learn more.
    It would be great to see next video as guidance to become mortgage broker !

  • @edwardhidalgo5657
    @edwardhidalgo5657 3 หลายเดือนก่อน +3

    Good Luck. 30 yrs in business !! Left 3 months ago.
    Just simply didn’t have the desire to be in it.
    Started a new business in services 2 yrs ago.
    Happy, and making great money and work as much and when I want to work.
    Keep it up and being bilingual is a big plus.
    All the best to you !

  • @dariusbenlice4423
    @dariusbenlice4423 5 หลายเดือนก่อน +1

    Great content thank you!

  • @MyLocsMyPlants
    @MyLocsMyPlants 5 หลายเดือนก่อน +4

    great info! have you heard of Nexa Mortgage?

    • @EnriqueGreatness
      @EnriqueGreatness  5 หลายเดือนก่อน +1

      I have not. IS it a company?

    • @Financialx
      @Financialx 5 หลายเดือนก่อน

      Love it bro! I’m about to be 25 looking to pass my NMLS test next week

    • @MyLocsMyPlants
      @MyLocsMyPlants 5 หลายเดือนก่อน

      @EnriqueGreatness yes they offer alot of remote MLO positions. it's been hard to get a true feel for the company everything that I am seeing online doesn't say much

    • @cuban1ta
      @cuban1ta 5 หลายเดือนก่อน +2

      I have a friend who works for nexa. I almost started there but I decided to go with a mortgage banker because I’m new and need guidance.

    • @MyLocsMyPlants
      @MyLocsMyPlants 5 หลายเดือนก่อน

      @cuban1ta hey that's awesome congrats!! does your friend enjoy working for them ? I decided to go with nexa I did listen in to a few of their zoom calls fingers crossed its a good move lol i need to work remotely and I live in PA so it seemed like the best option. right now I'm just waiting for the state to finalize everything around my sponsorship I'm excited!

  • @Pennheart
    @Pennheart 5 หลายเดือนก่อน +1

    Hi @Enrique, have you heard of Morty? if yes, what's your thought of them as a sponsoring broker?

  • @DubanFlores-my7qu
    @DubanFlores-my7qu 5 หลายเดือนก่อน

    Do you know if you can become a loan officer while you're on DACA?

    • @EnriqueGreatness
      @EnriqueGreatness  4 หลายเดือนก่อน

      Not sure I would call the NMLS. They have great customer service!