Loan Officer Tip,Loan Officer Marketing Tip,Free Loan Officer Tips,Loan Officer Tips
Loan Officer Tip,Loan Officer Marketing Tip,Free Loan Officer Tips,Loan Officer Tips

Loan Officer Tip,Loan Officer Marketing Tip,Free Loan Officer Tips,Loan Officer Tips Loan Officer Tip,Loan Officer Marketing Tip,Free Loan Officer Tips,Loan Officer Tips

A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.



loan officer tip


Loan officer tip

Highly Effective loan officer tips:-

Every Loan officer should spend first two hours of every day prospecting for new business. Making a list of appointments that they will take next month, and what loans will close the month after that?

Loan Officer should not wait for borrowers and Realtors to call them back. They have to make the effort from their side by calling back their customers as they are the caller they have the power.

Provide your customers written status reports weekly. They'll be happy; your phone won't ring constantly.

Be gentle to your customers and they will be gentle to you.

Think of the loan as a project for the team to win! The team includes your processor, underwriter, closer, borrower, Realtor and lawyer. As a team you are unbeatable!

Your goal as a salesman , is to make the process so easy that every one who works with you will recommend you to their friends.

Most salespeople don't ask for referrals either they are too embarrassed to ask for them, or they get so busy with the paperwork of the deal that they forget to ask for referrals! But the rule for referrals is that

Rule #1: If you don't ask for referrals. You don't get referrals.

Rule #2: You ask for more referrals. You get more referrals!


Loan Officer Tip to ask for referrals:-

Immediately after you take the application, ask your customers to refer their friends to you who are seeking for a mortgage like they were?

When you call your customer to inform them that, “Your loan is approved!". Give them this information along with this message that "I've really enjoyed working with you and would love to work with any of your friends who are thinking about a new house or a mortgage?"

When the loan closes, call your customer to congratulate them and ask them to give feedback on your service and if they give you a good report, ask for a testimonial ,asking them to put it in writing and requesting them to inform about your good service to all their friends when they need a mortgage. You can give them your business cards so that they can refer you to their friends.

Keep in touch with your customer 3 or 4 times a year; ask them how they are doing? And also ask them "By the way, do you happen to know of anyone thinking of making a move or needing to refinance?"

If you adopt all these loan officer tips your customer will definitely remember you when it's time for them to get a new mortgage! And also refer you to their friends.
 


 



 
 
 
 
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