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I have a new mortgage company and I am looking for loan officers that would like to work out of their homes. I do not want to spend a lot of money for an ad but I would like to give LOs the opportunity to hear what kind of deal we have going on. There is no split, we just charge the LO a $500 fee and $395 processing fee and that's it (no hidden costs!) If anyone has any good suggestions I am open to just about anything, as long as it's not too expensive!!

2006-07-18 06:40:48 · 9 answers · asked by ashratz 1 in Business & Finance Careers & Employment

9 answers

One inexpensive method is to join your local Mortgage broker (or Mortgage Banker) association and attend the meetings. There, you would likely find Loan Officers who are serious about their career, since less-serious LOs never attend those meetings. That is one way to target quality over quantity.

Another way would be to get in touch with your local Account Executives. They usually know of LOs who are unhappy with their current employer, and if you have a good relationship with an AE, they may refer you their contacts.

Lastly, if you want inexperienced LOs that you can train to fit your system, you could hold a "seminar" about your job opportunity. Just email/mail the announcement of the seminar to your current client base, family, friends, etc., and rent out a conference room for about $15-$20/hour and provide water and/or coffee. Spend a 1/2 hour to an hour presenting the benefits of being a LO, especially with your company.

Good luck!

2006-07-18 07:26:09 · answer #1 · answered by Wil 1 · 1 0

I used to work for a mortgage company and have a great idea that I don't want to say over the internet. It truly is working for a local company and they are growing fast. If you want to know e-mail me at bestfinanceman@yahoo.com and we will talk about it!!!
Rich

2006-07-18 08:35:18 · answer #2 · answered by Anonymous · 0 0

post resume requests on local classifieds online - also offer some sort of benefits - and make sure they understand you are legit - a lot of work from home offers are BS

2006-07-18 06:42:43 · answer #3 · answered by Shopaholic Chick 6 · 0 0

Are you doing any sub prime, B/C loans??? If so, give me a call. (925) 567-7065.

2006-07-18 06:45:59 · answer #4 · answered by dizbuster 3 · 0 0

I'll work for you!! just train me and I would be more than happy to work from home!!

2006-07-18 06:44:41 · answer #5 · answered by green eyes 4 · 0 0

word of mouth is the best way, or offer incentives and advertise

2006-07-18 06:43:13 · answer #6 · answered by Anonymous · 0 0

PAY MORE MONEY THAN YOUR COMPETITION

plain and simple

2006-07-18 06:43:22 · answer #7 · answered by ? 6 · 0 0

SO CHEAP YA SQUEEK ARE YA SCAMMIN" THEY DON"T NEED YOU THEY CAN DO IT THEMSELVES

2006-07-18 06:44:40 · answer #8 · answered by Penney S 6 · 0 0

WANT AD!

2006-07-18 06:43:01 · answer #9 · answered by NONAME 3 · 0 0

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