Processing loans can be an overwhelming job, particularly at month end when phones are ringing off the hook. Trying to get one loan after another off of your desk and in to closing can indeed be a daunting task. Hiring a processing assistant might be the answer to your problems. A processing assistant can help with a variety of projects including: - Answering and returning phone calls - Submitting information requests - Faxing in file conditions - Following up with the borrower or loan officer
When searching for the perfect assistant, you should look for a person who is computer literate and has good communication skills. Additionally, you’ll want someone who can: 1.Navigate most websites easily 2.Knows how to access and send e-mails 3.Has speed and accuracy in typing 4.Grasp new procedures and concepts quickly
Finding a processing assistant can be done by simply placing an ad in your local newspaper. You could also start an internship program for college or high school students. Offering free training to aspiring mortgage professionals who need more experience is also another option. Last but not least, getting help from the people around you such as your family, friends, and associates is a cost effective idea that fits any budget.
Don’t burn yourself out! Get the help you need to continue doing fast, efficient processing. For more ways to stay on course visit our website at www.completemortgageprocessing.com/coaching
July 20-23, 2005 The Florida Association of Mortgage Brokers (FAMB) will hold their annual conference at the Gaylord Palms Resort and Convention Center in Kissimmee, FL. July 21-22, 2005, Suncoast Hotel and Casino located in Las Vegas, Nevada will be hosting a mortgage conference. Industry experts Mike Baker and Dave Hershman are the facilitators for this event.
+++++++++++++++++++++++++ QUESTION OF THE MONTH +++++++++++++++++++++++++
Q.I’m looking to start my own contract processing business. What steps would you recommend for me to reach this goal?
A.This is a common question. The answer depends on a few things. You’ll need to consider the following: - Your level of processing expertise - Your time table for opening - Your level of business management experience - The type of client and volume of loans you’d like to service
Once you’ve got that figured out. You’ll want to do a few key things: 1.Develop a business and marketing plan (a MUST!) 2.Analyze your equipment needs (be realistic NOT conservative about this) 3.Get additional training to gain strength in your weak areas
Give yourself enough time to complete your research and development stage for your business. There won’t be much time for it after you open your doors for business. For more specific details and examples, get a copy of our Loan Processor In-A-Box™ for Contract Processors workbook.
FOR 3 DAYS ONLY! Take advantage of our “Buy one. Get one free offer”. For the next 3 days, you can buy one item and get a second item of equal or lesser value absolutely free! This offer is not available for Custom Coaching and Consulting services. Here’s an example of what you can do during this special: 1. Buy a Loan Processor In-A-Box for Contract Processors workbook at $79 (e-book) and get the print version free. 2. Buy a Loan Processor In-A-Box for Contract Processors at $79 (e-book or print) and get the In-House Processor’s version free (a $49) value.
Check out our 3 day sale catalog at www.completemortgageprocessing.com/2for1.html for more great “Buy one. Get one free.” combinations. THIS OFFER ENDS AT MIDNIGHT JULY 14, 2005. ***********************************************************
TELL US WHAT YOU THINK
If you have already purchased our Loan Processor In-A-Box™ workbook or used our other training resources, we’d love to hear from you. Let us know what has helped and what you’d like to see more of. Leave a message at our Feedback line at 1 (800) 609-9006 x2128 or just click here to submit your comments online. You can also send us an e-mail to processinghelp@aol.com or fax us at (702) 543-5397.
- The Complete Mortgage Network™ Membership website - Loan Processor In-A-Box™ for Real Estate Investors - 21 Things Every New Landlord Should Know _______________________________________________________
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Contact information at www.completemortgageprocessing.com
