Personal Note

 

I am writing this note to you as a fellow mortgage professional to remind you that you are capable AND worthy of achieving great success in this amazing career that we have stumbled upon.

Your job is vital in helping people achieve their financial dreams, and you are playing a significant role in shaping the economy.

I understand that the life of a loan officer can be challenging, and at times it may seem like the road ahead is bumpy.

You may have faced situations where some of your lead sources may be challenged, increasing rate environments, or perhaps you have had to change companies due to the past one shutting down or being sold.

But please remember that you are worthy of great success, and these setbacks are only stepping stones towards achieving your goals.

It’s not until somebody puts weights on our barbell that we grow muscles.

You are the backbone of the financial industry, and your hard work and dedication are essential in making a difference in people’s lives. Your commitment to your work and your clients is commendable, and it should inspire you to keep pushing forward.

Never underestimate the impact you are making. You are the ones providing the funds that allow people to buy homes, do cash outs so they can start businesses, and pursue their own dreams.

Your work helps families build their futures, and that is a tremendous responsibility.

Believe in yourself and your abilities, and always remember that your efforts are valuable. Stay focused and stay positive, and you will achieve the success you deserve.

I hope this email serves as a reminder that you are worthy of great success, and I wish you all the best.

When you are ready for some help navigating these new waters, be the squeaky wheel and reach out to me here.

Finally good news for Loan Officers…

Mortgage rates are improving, more buyers are entering the market with confidence to purchase homes.

The trend is expected to continue well into Spring and through the year, presenting a plethora (a ton) of opportunities that are waiting to be seized… you know, Mo Money!

There’s a catch though, seizing these opportunities will be challenging without a solid plan of action in place.

That’s where we come in… read on.

Our team specializes in individualized plans that help mortgage pros, like yourself, confidently close loans faster and with more efficiency. 

We provide the guidance, accountability, support, and encouragement you need to consistently take the right actions at the right time.

Rule Of The Rich:  Write small checks to cash big checks.

Invest in your business by committing to a 100% solid PROVEN plan that pays off with the right actions and more closings in today’s market.

I would love to help you reach up to that shelf of opportunities without dropping or juggling them with no confidence in your actions.

I’d love to set up a chat to discuss where your business is and where you want it to be, then help you unlock the new opportunities and confidently close loans with an actual proven plan that’s tailored to your business and personal needs.

Let’s give you a free demo of what the top producers do in our high level Freedom Club Mastermind group.   <no charge>

#1 Question that LO’s are asking right now

 

The #1 question that lower producing LOs are asking right now is….

“What do I do next?”

Yep, that’s the #1 question the vast majority of LO’s ask themselves multiple times per day.. or even per hour!

They walk into their office, “What should I do first?”

They finish checking their social media accounts, “What should I do next?”

They check to see what the rates are today, “Now what should I do next…”

… and on and on and on, until they leave their work desk (usually way later than they and their family / friends / pet wants them to…

…all while their monthly production continues to have them concerned (with good reason).

They spent almost no time on actual “getting loans” activities…

Ouch!

It’s not their fault though

Here’s the thing, most have no structure for their day, because nobody has ever shown them the activities that top producers do on an hour by hour basis.

And what ends up happening is, the LOs end up looking for new things to do instead of doing more of what we know already works, and scheduling their day AHEAD OF TIME.

Which keeps them right where they are currently at in their number of closed loans.

Look at what specific activity brought in your last 10 loans, and do that the first 2 hours of Monday – Thursday.

I always take Fridays off to reward myself for being focused on the 32 hours that I work Monday – Thursday.   It’s my carrot for doing things right.

And even with taking Friday’s off, my own personal mortgage team averaged 397 closed loans PER MONTH last year and we are expecting to beat that this year. 

(of course I have help, that’s part of “what’s working now” no matter where you are now)

It’s not about working more hours, it’s about structuring your day to do “what’s working now” FIRST, then all the “busy work” AFTER you do your lead generating activity.

If this message strikes home for you, I’ll map out what specific activity is bringing in the most amount of leads now (without buying anything), and how we structure our days around that activity.

Meet me here and I’ll totally hook you up <no charge>

EPIC loan officer lessons from a Superbowl legend

 

Gentlemen, this is a football!”  That is one of the most famous and often used sports quotes in history.

However, most don’t know its real history or how to apply it to their mortgage businesses and lives… read on..

Vince Lombardi kicked off the first day of training camp for his Green Bay Packers football team.

The prior season had ended in a heartbreaking loss to the Philadelphia Eagles after blowing a lead in the 4th quarter of the NFL Championship Game.

When the players came in to start training camp, they expected to immediately begin where they left off and work on ways to advance their game and learn fancy new ways to win the championship in the new season.

But when they sat down and began, Vince Lombardi held up a football and said, “Gentlemen, this is a football!”

He then had everyone open up their playbooks and start on page one, where they began to learn the fundamentals – blocking, tackling, throwing, catching, etc.

That was clearly not what they expected as players who were at the top of their game, but had indeed lost a “sure win” Superbowl the year before.

This hyper-focus on fundamentals allowed them to win the NFL Championship that season 37-0 against the New York Giants.

Vince Lombardi went on to win five NFL Championships in seven years. He never coached a team with a losing season after that and never lost a playoff game again.

If focusing on fundamentals can elevate a great team to such heights, imagine what it can do for your mortgage business and life.

We are often putting time, energy, and money into looking for the next magic bullet, magic bean, quick fix, or business trick. Instead, we should focus on the fundamentals.

One of the greatest mistakes loan officers make is NOT focusing on the fundamentals. They often don’t even realize what their business fundamentals are.

If we have not identified the fundamentals – we cannot work on continual improvement of them!

“Magic tricks” mean nothing if the loan officer isn’t doing the work to make the phone ring.

Special “closing techniques” do no good without actually picking up the phone and talking with somebody.

Having great service and competitive rates is pointless if we don’t do what’s necessary to actually talk with clients. 

The most successful people you can think of in sports, music, acting, and other areas never stop working on the fundamentals. However, in business, we seem to think we already have it down. Seldom is that the case!

Like Vince Lombardi and his team, we need hyper-focus on the fundamentals to make us more successful and get to the next level.So, let me ask – how much time, energy, and money have you wasted looking for some magic fix that didn’t exist?

Do you even know the 4 most critical fundamentals you need to succeed in your mortgage business?

How much could focusing on them benefit your team, your business, and you? If you don’t know or don’t like the answers – we should chat.

The cost of not knowing the 4 critical fundamentals is likely costing you a fortune… without even knowing it.

They aren’t referring to you because of… YOU

Once we understand WHY they refer to us, it’s a lot easier to get more of them.

Simply find out what causes the WHY, and just do more of that.

Ok, that sounded a little harsher than I meant it to, but it’s the way it is.

I want you to picture the last birthday party you went to…

When it’s time to open the presents, I think the “givers” are more excited than the person receiving all the gifts.

All the “givers” are shouting out, “open mine next, open mine next”.  You see, we feel good about ourselves when we see them open our gift and watch them experience the joy of receiving the gifts.

A psychologist once told me that people give gifts, not to actually give gifts, but to feel good about themselves for giving the gifts

hmmmm….

I know that sounds totally narcissistic, but I think she is on to something there.

So when people give us referrals, it’s not necessarily to help you or “because of you”, it may be because it makes them feel good about themselves when you tell them how much you appreciate the referral (the gift) and how important they are to you.

So using that line of thought, they don’t refer because of “us”, they refer because of “them”.  It gives them a boost of dopamine (a brain chemical) that makes them feel good.

So if we take it to the next step, when we ask people to refer to us, we are giving them the opportunity to feel good about themselves.

And if we hold back on asking them for referrals, then we are robbing them of the opportunity to feel good about themselves.

A very interesting concept that I have found to be very true with my mortgage team closing an average of 397 loans per month last year (and this year shaping up to be even better).

Sooooo, when you want help with scripting on HOW to ask for referrals, hit me up on one of our FREE STRATEGY CALLS FOR LOAN OFFICERS and we’ll walk you through exactly how to do it with both agents, friends, and past clients.

Giving more people a chance to feel even better about themselves is always a good thing.

I got your back,

Carl White