How did you end up in this biz?

Mac · Joined: 04 Feb 2005 Posts: 276 Location: Knightdale, NC

Since I can't imagine any little boy or girl telling their parents that they want to grow up to be a mortgage dude or dudette, how'd you end up here?

Personally, I was asked by a friend to give it a try after they had been in the biz about 6 months. Actually after 3 months, it just took me 3 months more to make up my mind.

I was a land surveyor prior to this and it helped quite a bit. I was able to apply much of the knowledge I had, to solving problem loans and I already had a terrific idea of property values in my general area. Knew the neighborhoods pretty well too.

E.T. Home Loan · Joined: 19 Feb 2005 Posts: 73 Location: OUTER FREAKIN SPACE

I heard it was better than selling used cars so I gave it a shot.

Nikko · Joined: 20 Jan 2005 Posts: 536 Location: Northern CA

I sort of stumbled backward into it. I left the car lot (imagine that), then accepted a job offer from a guy at a career fair. I said "what the hell, I've sold everything else". So here I am.

Haplo · Joined: 20 Jan 2005 Posts: 2422 Location: Springfield, IL

Friend said 'hey, you should try this'. Got turned down by the boss, friend went to boss said 'wtf do you think you're doing???' boss changed mind, I left company 6mo later (cuz company had 'issues') and then I landed here because a friend said something nice about me. I don't know why, but she did.

chow · Posted: Mon Feb 21, 2005 8:36 pm Post subject:

I was working the back end of servicing at a compay that got swollowed up by Greentree financial. (now dead) and it ended up getting bought by Conseco on the closing table with Greentree's merge with us.

I called my loan originator who was a branch manager of a company that is closing now. (wow, company closings seem like a SOP to me-don't they? oh well, there's another lender around the corner.....) Anyway, he hired me as a LO.

pussycat · Joined: 24 Jan 2005 Posts: 94 Location: Kansas City

I was working at TransUnion way back when full residential mortgage credit reports were required on every file. I was processing those, verifing mortgage history, employment, credit etc., then I decided to take a continuing ed course called "Certified Mortgage Loan Officer" and found in that class how underpaid I was for what I was doing. I got on with a now defunked wholesale lender as a processor making twice as much. Discovered that I either love this business or am a glutton for punishment. I can't imagine doing anything else. The rest is history.

BECCA9892003 · Joined: 20 Jan 2005 Posts: 400 Location: Altoona, PA

started a career in nursing...got tired of seeing the abuse...quit....telemarketed for 3 months while i figured out what to do...took state insurance exam...passed...went on to become a certified long term care advisor for an insurance company and got people protected with home health care plans and investments...was raising 2 kids on commission only and i got tied of feast or famine....saw an ad for loan executive....didnt really know what i would be doing but saw it paid a salary...got tired of being over worked and under paid...now im here..and happy......

Nikko · Joined: 20 Jan 2005 Posts: 536 Location: Northern CA

I don't know how much longer I will be in this business. I would just LOVE to see a loan go through without a deal-breaker problem.
I am having a really crappy day, and there's a lot left of it.

Gray Goose · Joined: 25 Jan 2005 Posts: 32 Location: Edmond, OK

Nikko

Remember my old plow mule?

Don't try to plow the entire field. It’s an overwhelming task. Don’t look for one big success. Just solve your problems one “furrow” at a time and enjoy several small victories each day.

I guarantee, after a few years of living the “incremental success philosophy”, all those “little” successes will add up to the big one you’re looking for.

David · Joined: 19 May 2004 Posts: 754 Location: Atlanta, GA

Thanks for that Gray Goose. That's going to make my day go better now. :D

chow · Posted: Wed Feb 23, 2005 3:24 pm Post subject:

"Don't try to plow the entire field. It’s an overwhelming task. Don’t look for one big success. Just solve your problems one “furrow” at a time and enjoy several small victories each day."

Truer words were never typed.

Every year I decide that I'm just going to "one foot in front of the other" or Just handle each issue as it comes up-ends up being a good year.

You can't be everything to everyone. Do one or a few things and do them well. :P

Nikko · Joined: 20 Jan 2005 Posts: 536 Location: Northern CA

Thanks guys (and gal) for the encouragement. Today just started, so it's too early to be too screwed up already :)