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It is a rewarding business and it does not insinuate in any way any of us are money hungry or not more about the customer.
I educate all of my borrowers on what yield spread is, how much exactly I am charging them, and I try to be more fair than most. I make money by closing high volume.
Many of us are proud to be able to clear 6 figure income and knowing that inspires many new originators to be better. To learn and educate themselves faster so they can be on that level more quickly.
Just another view to consider. I do see how that could be constituted by the public as sleazy. But, in many cases it is just the only thing one can say to feel good about themselves. There are not many rewards given in brokerages or performance raises. So in a loan officer forum we can see who is making money and find out more about how they did so well.
But, Secret is right. If the public eye catches it then it would likely be perceived as sleazy. Or maybe they will want to join the industry.
__________________ Greg Phillips Manager Fairfield Mortgage Company Web : Home Forums Blog
Last edited by Greg; 12-21-2005 at 06:08 AM.
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