| I strongly disagree
As a top 10 lender in the country and knowing several other's whom work for other lenders in the top 10 the majority of the originations are purchase business.
These companies have LO's closing 50-75 Transactions per month and making 7 figures.
But, I will say this. Your thinking is very outside the box. You disagree with the industry expects, advise not to focus on purchase business, and you also say referrals are worthless.
Outside the box thinking is what everyone else does not think and it may work out but wow.
So that basically leaves just refinancing and marketing to refinances. Does not sound like the best advice to me. Sorry Secret. I do value your opinions but I am finding it very hard now.
Do not call me either. Post your comments here.
__________________ Greg Phillips Manager Fairfield Mortgage Company Web : Home Forums Blog |