What To Do Your First 30 Days As A NEW Loan Officer (Step By Step)

[@EnriqueGreatness]

Thanks for watching! If you are interested in becoming a loan officer and want to start working on getting your license, below is a discount code for your 20hr pre-licensing course! ►NMLS 20 hr Pre-Licensing Course // 20% OFF partners.oncourselearning.com/mortgage/enrique

[@MyLocsMyPlants]

just passed my exam! here for tips🎉

[@candycane5077]

I’m a LO I do a pretty damn good job doing it , but I hate the biz , so stressful and especially now , I’m tired of hustling

[@priusgame1178]

What's the worst part about it? I have a buddy who has 20 years doing it and says he likes it better when the rates are favorable obviously

[@carlaabarrientos4622]

Thank you so much, I learned a lot. I'm only a senior high school graduate and this week I'm entering this field which is new to me. 0 background but I research and found your videos. It's interesting, I like your videos and after watching it, it gives me confidence in this career I'm going. Thank you so much! Will watch more of your content

[@EnriqueGreatness]

Thank you! Glad the videos have been helpful 🙏

[@Cosagakidis]

Just want to say thank you, this video really helps as I am just starting my MLO career

[@The_Navigator_369]

My man! Thank you for this video and GOD bless you!🙏🏽

[@UrFavMobileSigningAgent]

Great confirmation for the way I'm going with my business. Thanks!

[@joshdoeshomeloans]

New Loan Officer - found this super helpful! Thanks, brotha

[@KRVKENx]

How’s it going so far?

[@joshdoeshomeloans]

@@KRVKENx I actually only worked part-time up until 1 month ago when I transitioned to full-time. During that part-time period, I was working in education FT still, so I didn't do a whole ton of prospecting. I didn't close any loans while working part-time, but have closed a few in the last month since transitioning over (each lined up while I was still part-time), and have sent out 4 more pre-approvals. So, I'm building a bit of momentum now that it's all I focus on. It's definitely a challenging and fun position, and you need a great work ethic!

[@bowalker7114]

Newly minted MLO. Your videos are really giving me confidence moving forward.

[@EnriqueGreatness]

Thank you and congratulations!!! You got this 🚀

[@KRVKENx]

How’s it going so far?

[@tanishaotoko3484]

If it is to be it’s up to me 🙌🏽🙌🏽

[@BradPaulRE]

I'm a 20 year Realtor looking to become an MLO. My social media has been Realto/builder for so long I'm nervous but my reputation in middle TN is great. How hard is it going to be to make the transition? I'm still gonna sell homes but that's just from referrals. I also want to break into Florida market because I'll be moving there in 5 years.

[@jason-ub8qz]

Oh man why you are like this after 20 years in this bussiness you want to become entry level loan officer

[@MysticRainDrops]

I don't think you can do both..

[@khadyasmith]

Good info. Good presentation. Thanks for sharing

[@OZZALEN]

superrr helpful!! thank you!! if it is to be it’s up to me! license just got approved today!

[@EnriqueGreatness]

You can do it!

[@alexsaldana2476]

Would you recommend for someone to save up money before joining the industry? If so for how many months should I expect to make my first sale?

[@EnriqueGreatness]

Absolutely! How much really depends but more is better. It takes some people 2 years to get their first deal and even then it may not be consistent

[@projectdan3369]

Shit 2 years??? I was expecting 2-3 months to get your first deal

[@EmanV101]

It took me 6 weeks to fund my first loan. I now have 3 in processing. 2yrs is ludicrous. I'm a loan officer at a direct lender, I get paid a bi weekly draw $16 an hour in CA plus commission

[@rudyolmos5282]

Looking forward to the investor purchase presentation...thanks so much for all you do!

[@EnriqueGreatness]

Coming soon! Thanks for watching!

[@yesenialandin-ramirez3883]

Amazing content!!!!! Straight to the point. 🙌🏼🙌🏼

[@EnriqueGreatness]

Thank you 😊

[@yesenialandin-ramirez3883]

You are welcome! I’ve been following your journey for a while now. May you accomplish all your goals in this career and life! I am preparing to take the state exam here in Washington state. God bless you!

[@yesihomeloans]

Thank you 🙏 I just got my license

[@EnriqueGreatness]

Nice!!! Congratulations

[@browneyes-k8o]

Great video!

[@EnriqueGreatness]

Thank you

[@iisces2953]

Grant and Elena are the best. I work for one of Elena's friends. Thank you for sharing these informative videos - ARC

[@priusgame1178]

Any advice for someone starting MLO in california here soon? I'm just curious should I go with both Real Estate Salesperson license and MLO license in one broker? Is it worth the commitment with entry level MLO potential?

[@jcastaneable]

Nice dude you beat me to the punch I've had the idea of making some of the products you have on your website. credit where credit is due!

[@EnriqueGreatness]

Appreciate it brotha!

[@welshmin1286]

Hey bro killer stuff, where is the 360 day follow up guide?

[@EnriqueGreatness]

Working on it right now. Should be back up on the store in a few weeks

[@gurmeetguliani]

Great presentation

[@joltran3276]

I’m honestly not so sure what a purchase busienss? What does that mean?

[@EnriqueGreatness]

Purchase loans are loans to purchase property. For example, if I want to buy a house it will be a purchase loan. There are also refinance loans/refi business. If later I wanted to refi it will be a refi loan. Hope that helps.

[@danielereyes7732]

Fire Video bro!

[@Simba_Lucciano]

Thank you for this amazing advice.

[@stevenhecker9930]

Thank you for the Content. I just subscribed I think this might be the first channel after 10 years of KZbin that I actually hit subscribe 😅. Great contact. Appreciate the help.

[@EnriqueGreatness]

Thank you! Appreciate this 🙏

[@Grumpymonk947]

can you do this as a free lancer? or as a part time?

[@EnriqueGreatness]

Absolutely

[@leobuilds3790]

Incredible video! Very helpful information, many thanks!

[@EnriqueGreatness]

Glad you enjoyed it!

[@mipatriabella]

Where do I find the guidelines?

[@EnriqueGreatness]

The VA Guidelines are pretty easy to find but I haven’t been able to find the fha and conv anywhere. Usually the bank you work at will give you the guidelines

[@journeywithskarlent]

Enrique I just found you and Im in love with your content. Also, I went on your website and couldn’t find the investors workshop. Did you finish it yet Ill like to buy it.

[@EnriqueGreatness]

Thank you! 😊 I am currently making some changes to it so I took it down for now. It will be back soon! In the meantime I highly recommend the homebuyer workshop. Edition #2 will be coming out soon but Edition #1 is still great. I presented it many many times when I was new and it helped me understand loans much more because of this lol. I appreciate you!

[@brianretz3472]

How many pages is your Homebuyer Guide Booklet Template?

[@EnriqueGreatness]

About 16 pages

[@sbailey2001]

Can you link me to which guidelines you printed out?

[@EnriqueGreatness]

I printed them from my company site. Every company has its set of guidelines. You can always contact your bank and ask for the PDFs. I am not sure if there are general ones out there

[@ashleyramos-duffy4510]

This is super helpful thank you!

[@EnriqueGreatness]

My pleasure! 🙏

[@franklynRodriguez-wn3fl]

I don’t see the tutorial for the follow up set up!??

[@EnriqueGreatness]

Working on it right now. Should be up in a couple months

[@franklynRodriguez-wn3fl]

@@EnriqueGreatness Thank you! I wonder if you could share the process! What do you think about bonzo?

[@lindseychudley9747]

Any advice for starting out in Georgia? I've been a teacher for 7 years and I'm looking to change careers- my mom has been in the mortgage industry for 40 years so I have her as a guide but wanted your input

[@AsiaInBloom]

Thank you for the great content I am a mobile notary and I am changing my career to be a Loan officer. I agree 100% with everything you said in this video!

[@UrFavMobileSigningAgent]

Hi, don't change from your notary business add the Mortgage business and Notary Signing Agent to it. You'll need all the credentials to grow successfully.

[@candycane5077]

I’m a LO and i went to NSA to stay busy

[@crismcdonough2804]

Exactly. Remember that there were successful loans officers when interest rates were in the double digits.

[@robinthomas9966]

Can anyone recommend a good online course? TIA

[@KRVKENx]

MEC

[@UniversalMysticsOfChrist]

@1:20 Napoleon Bonaparte

[@angelbenitez8035]

Been binge-watching your videos and learning a ton. I'm 26 and I feel like I'm old to change careers (from Education), but may I ask your age and what you did before becoming an MLO?

[@EnriqueGreatness]

Thank you!!! I’m 24 and before this I was in college

[@kassandra21590]

OLD? 😂 You need to let that kind of thought process go. You can change careers every other year if you want. I’m 33 and have worked in 6 different industries atp. Use your experience to guide you to what you feel fulfilled doing. Good luck!

[@MarxMediaEnt]

I'm turning 30 this year, and I'm considering doing this soon.

[@justeatmyshit]

Im 37 and changing careers! You got this 😉

[@baileyembry6057]

Great Content

[@EnriqueGreatness]

Thank you 🙏

[@browneyes-k8o]

New follwer great content

[@EnriqueGreatness]

Thank you! Any video recommendations lmk 🙏

[@key2motivationismindset]

Home run content!

[@302Notary-fingerprintboss]

I am a notary and signing agent looking to add this as another addition to my business. If that’s not possible I may need to reconsider.

[@Lazaven]

What state are you in?

[@projectdan3369]

Like wise. I’m in NY

[@302Notary-fingerprintboss]

@@Lazaven Delaware

[@Lazaven]

@@302Notary-fingerprintboss dang I'm not licensed there

[@302Notary-fingerprintboss]

@@Lazaven Delaware

[@silvanaviojo4583]

Hello !! Where I can get the guideline?

[@EnriqueGreatness]

I have been having a hard time finding them on the Fannie, Freddie, Ginnie Mae websites so what I recommend doing is contacting your lender or bank you work with.

[@martinh.wilson2897]

How are you supposed to do webinars and video content about loans and mortgages in your first 30 days if you are still in the learning process? Seems more like you'd first need to acquire the knowledge and then create webinars.

[@journeywithskarlent]

He’s experienced, he’s just making the video to let viewers know how the first 30 days are.

[@EnriqueGreatness]

Gracias Skarlent 😊! @Martin doing the webinars help you learn the process. You won't be perfect in the beginning and that's why I recommend presenting it to friends and family first. Assuming it's a good presenation lol. My apologies if I wasn't clear in the video.

[@rashneelwalla380]

Half of your video is just promotional advertising.

[@SemekiIzuio]

It is self plug I noticed as well lol

[@EnriqueGreatness]

And other half is free 😊

[@copycatt2579]

@@EnriqueGreatnesslol awesome come back

[@Skidrow247]

Thank you for the information, do you recommend starting as a LOA in the beginning to know the in’s and out’s of the business?

[@EnriqueGreatness]

Yeah I think it’s a great idea. Especially if you are under a great loan officer.

[@petepalmisano1864]

Quit and find a new industry. Trust me.

[@christianmunoz8391]

What was your experience like Pete?

[@joltran3276]

💀

[@rashneelwalla380]

Just because you can’t handle pressure. Go back to your hole rookie

[@RicardoLerdo]

Hey Peter can you share your experience as a loan officer?

[@petepalmisano1864]

@@RicardoLerdo pretty horrific. I got licensed literally just prior to Covid. Then interest rates skyrocketed. Networking basically became only phone calls begging to suck of realtors because no one worked at an actual office anymore. No one in unrelated businesses cares to talk to you. You're basically not much different from a homeless person begging for food in the streets. You put out money to renew your license. Before I left my group wanted me to put out more money for social media advertising. I was coming up on having to pay to renew my license again after two years and not one deal. It's not like how it was for experienced loan officers who were at it a while. Today unless you're a one in a million lucky person who starts right out of high-school you will never make it. Only job that cost me money without one penny in revenue. Besides the fact that I learned never take a job where the economy and political party in charge can destroy any hopes of a paycheck. Find a different and better career path. No career for new loan officers anymore.