Randy Senzig’s Post

Data doesn’t lie. Really proud of our Region right now, in April we had 29 Loan Officer close over $2M in volume and 5 over $5M!! We had 45 Loan Officers take more than $2M in Applications and 64 Loan Officers take at least 4 applications. These numbers in April beat out almost every metric of April 2023 with higher rates and lower inventory. Our team has decided not to listen to the narrative that the market is slow and that rates are too high. We’ve educated our Realtor partners on the market and what will happen when rates begin to drop. Any ideas? Here is what’s going to happen when rates drop, that home that was worth 575k will now be going for 610k or possibly higher. If you’re being told by someone to wait until rates come down they don’t understand the market and how this all works. Cool thing about Movement is we have products and LO’s with the knowledge to get you in your home now and refinance when rates drop with NO lender fees. Take the equity now! If you’re a Realtor get with one of our MM Loan Officers and they can help you with your message to your clients who are thinking about waiting. If you’re a Loan Officer struggling to create relationships or close loans because of operations and product we should have a conversation now. We’re on a mission to make a difference for a lot of people in 2024. As the data shows, we’re well on our way. #jointhemovement #NewEnglandNetworkRegion

Credit scores play a pivotal role in achieving major life milestones such as buying a home or securing a loan. Lenders use these scores to evaluate creditworthiness, influencing mortgage approvals and interest rates. A good credit score can lead to better loan terms, lower insurance premiums, and even job opportunities that require financial trustworthiness. Understanding and managing your credit score effectively can pave the way for achieving significant financial goals and milestones. 💳🌟 Contact us to start building your business credit today! Reach us at: 📞 Phone: 763-548-4630 📧 Email: info@afculture.com 🌐 Website: buff.ly/3L9ohAw #CreditScores #HomeBuying #MortgageApproval #LoanApproval #FinancialGoals #Creditworthiness #PersonalFinance #FinancialPlanning #CreditManagement #InsurancePremiums #JobOpportunities #FinancialTrust #CreditHealth #CreditHistory #CreditReport #DebtManagement #FinancialSuccess #AchievingGoals #LifeMilestones

The first thing you need to do when you lose clients ... ... and it's not what you think. Loan officers, we've all been there. A client you thought was a sure thing walks away, application incomplete. But before you jump into overdrive prospecting for new leads, take a step back. The key to winning back lost clients (and attracting new ones) might surprise you. The answer? Helping them improve their credit. Think about it: a higher credit score means a better chance of approval and a more favorable loan for your client. But how can you, a loan officer, become a credit master? That's where we come in. At Imax Credit Repair Firm, we specialize in helping borrowers achieve their credit goals. We can partner with you to: - Educate your clients on how to build and maintain strong credit. - Offer personalized credit repair solutions to address specific credit issues. - Increase your approval rates by putting creditworthy borrowers in front of you. Let's chat! I'd love to discuss how we can partner to empower your borrowers and boost your bottom line. DM me today to learn more! #creditrepair #loanofficer #mortgage #finance #credittips #businessideas

Executives, Managers and Loan Officers: We are all looking to lower costs, improve efficiencies and to close more loans. Every loan counts these days and they must close. Our bottom line is depending on it. So why are we doing the same things we have always done in the past? Now is the time to take a deep dive and look at the way we are doing business. If we don’t history will repeat itself and the industry will go through yet another cycle. It’s time to invest in your business. It’s time to achieve significant results, different from the past. The stats on this chart are real and time to invest in finding out how this can be achieved. The old adage is true TIME = MONEY. Take the next step and schedule a free 15 minute demo at: https://lnkd.in/gy2QyYAR LANIS TIER|ONE is the Cloud-Based Most Efficient Mortgage Prequalification, Presentation, and Compliance software available today. All Three Features must be in your software tool to improve Loan quality and the submit to close ratio. For a 15 Minute Executive overview schedule your time with this link: https://lnkd.in/gy2QyYAR It’s time to Change the Game and make 2024 a Great year! Don’t wait, schedule your executive overview today. https://lnkd.in/gy2QyYAR Randy Senzig Founder and CEO www.golanis.com  805-498-4843 rsenzig@golanis.com

HOLY S#!$! MMI recently released data that is mind-blowing for the loan industry. In 2023, there were approximately 550K loan officers, but close to 500K of the licensed loan officers didn't close 2 loans a month! This means that if you closed 30 loans last year, you are in the top 10% of the industry. This data supports my thesis that we could lose 30% of loan officers to start 2024 and then again to start 2025. However, this could lead to a healthy and sustainable number of around 275K loan officers in 2025. Loan officers need to embrace these changes quickly. #mortgage #loanofficer #market

Today is personal finance Friday, and we’re going to talk about running debit cards as “credit.” When you hit “credit” on the point of sale machine, it isn’t taking money from a set line of credit, and therefore isn’t being reported to the credit bureaus. The BEST and ONLY way to improve your credit score, is to use and maintain credit. Getting credit cards and loans, paying them off, and continuing to show you are trustworthy with credit is how you acquire and maintain a good score. And ultimately, the higher score you have, the better rates and programs will be offered to you when it comes to credit products and loans. Comment below or DM me if you have questions or comments about this! Have a great weekend! Ryan Anderson - NMLS 1496026 ryana@barrettfinancial.com (253) 353-2178 Ryanloveslending.com #mortgage #realestate #loanofficer #mortgagebroker #firsttimehomebuyer #credit #mortgageeducation #ryanloveslending#mortgagehacks #personalfinance #personalfinancefriday #creditcards #debitcards

When Jeff Chambers and I talk with our lending clients about their affluent mortgage approach, often the first thing we hear is: “Of course we do jumbo loans. It’s great business.” Digging deeper, discussions tend to turn to the critical differences between merely “doing jumbo loans well” versus executing on a specialized, end-to-end strategy to attract, retain and wow wealth clients - and those who refer them. Then we really get cooking. We all know the times are historically challenging in our industry today, and lending firms need every edge they can get - the kind of strategic edge we provide. So, if your firm is just “doing jumbo loans” and want to take your business to a higher level – invite us in for a discussion. You’ll be glad you did. 

Ever wonder what makes the 'QC' in our Loan Programs shine? 🤔💡 'QC' stands for Qualifying Capital, and it's your key to unlocking our treasure trove of financial solutions! Think of it not as a simple deposit, but as your golden ticket 🎫 to a range of funding opportunities tailored to your business needs. 🌟 Multiples Loan Program 🤝 Loan Sponsor Program 🏡 Mortgage Loan Program Ready to multiply your capital? Bring your 'QC' and let's talk growth! 💼💰 Engage with us to explore your options! #QualifyingCapital #BusinessGrowth #LoanPrograms

Difference Between a Soft Pull and Hard Pull Credit Inquiry Not all credit checks are the same! Understanding the difference between a soft pull and a hard pull can help you manage your credit score wisely. Here's what you need to know: Soft Pull Credit Inquiry A soft pull happens when you or someone else checks your credit without you applying for new credit. Examples include: Checking your own credit report Pre-qualification offers Background checks Impact on your score: None! Soft pulls do not affect your credit score. Hard Pull Credit Inquiry A hard pull occurs when you apply for new credit, such as: Credit cards Loans (auto, mortgage, personal) Some rental applications Impact on your score: Hard pulls may temporarily lower your credit score, so it’s best to limit them. Knowing the difference can help you protect your credit and make informed financial decisions! Need advice on managing your credit inquiries? Send us a message! https://lnkd.in/eFmj53Jt #CreditTips #SoftPullVsHardPull #CreditScore #FinancialHealth #IdealLifestyles

Attention all Mortgage Brokers! Are you tired of spending countless hours on loan origination, tracking, and administration? Well, say goodbye to those long and tedious processes because Loan Processor is here to save the day! Our tailored services are specifically designed to meet the needs of any broker, making the loan process a breeze. With our highly effective services, you can say hello to streamlined processes and goodbye to wasted time. Trust Loan Processor, you won't find another loan processor like us. Contact Loan Processor now and let us take the stress out of your loan processes. #LoanProcessor #TailoredServices #StreamlinedProcesses #EfficiencyAtItsFinest