Definition Loan Officers Real Estate Agent 
Housing Wire
FEBRUARY 24, 2021
Technology has given consumers the power of choice and expedited the entire real estate purchasing process. But we also must acknowledge that the core definition of any stimulus is to implement something that causes an immediate, short-term response. VL: So many areas could benefit by embracing digitalization.
Housing Wire
NOVEMBER 20, 2023
Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. Most successful loan officers get their business from buyer agent referrals.
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Housing Wire
APRIL 16, 2024
The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.
Housing Wire
JANUARY 6, 2021
If you’re thinking about refinancing your mortgage, here are five reasons why you might want to act now and reach out to a loan officer. This strategy is definitely something for borrowers to consider if they’re able to make the higher monthly payments and meet the qualifications for a shorter-term loan,” he said.
Housing Wire
APRIL 26, 2023
Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Niche loans consist of about 5% of Parkinson’s business. “It’s Being on multiple builders’ lists is a way to rack up more deals for loan officers. “A
Housing Wire
MARCH 15, 2024
These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.
Housing Wire
DECEMBER 28, 2023
In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.
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