Loan Origination: 3 Ways to Grow Your Business
If you are a Loan Originator or Mortgage Broker who is trying to grow your business:
The truth is, there are only 3 ways to do that, and most Originators are only focusing on 1 or 2 of them.
I want to show you the 3 ways, and especially focus on the third way, which most people are missing, because they think the solution is just to work harder.
When in reality, without addressing all three, it can feel like you’re starting over every month, or worse, spinning your wheels.
See, the 3 ways to grow your business are
1. More Customers
2. More Revenue or commission per customer
3. More repeat customers
That’s it. That’s the only 3 ways you can grow your business.
When most LO’s are focusing on “Getting more referrals”, they are missing a huge opportunity in repeat business.
The average Client does a Purchase, Refi, Refi, Purchase, and for most LO’s, 80% of their clients are doing those refi’s with someone else, and never returning to them in the future, and this means they are having to struggle to grow their business in the hardest and most expensive way: Finding new customers
Don’t fall into the trap of missing out on some of the easiest and cheapest business you can get.
Click the link below to watch how we’ve helped over 5,000 Loan Originators turn their past business into an source or repeat business on autopilot.