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Loan Officer Freedom

The 3 Things I learned from Kevin Broughton

Loan Officer Freedom

Carl White

Mortgagemarketinganimals, Business, Loanofficer, Getmoreloans, Freedom, Mortgage, Loanofficercoaching, Carlwhite, Education, How To

5743 Ratings

🗓️ 21 August 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White.

In this episode, your hosts, Carl White and Kevin Broughton discuss valuable insights and lessons learned from their experience in building successful branches in the mortgage industry.

They emphasize the importance of proper staffing, efficient management, and the significance of having a structured team to support loan officers.

They also highlight the challenges faced by loan officers and branch managers in terms of staffing, prospecting, and managing activities effectively.

The conversation delves into the necessity of having assistants from day one to support loan officers in closing more loans and focusing on revenue-generating activities.

They stress the importance of managing activities rather than personalities, ensuring that the team is aligned with the goals and standards set by the branch manager.

Additionally, they touch on the impact of efficient staffing on branch profitability and the role of mentors in guiding loan officers toward success.

For more insights and to learn how to optimize your branch's performance, visit meetupwithkrista.com to schedule a consultation with Carl or Kevin. 

Schedule a one-on-one free coaching call, click here or visit LoanOfficerStrategyCall.com.

Transcript

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0:00.0

Yeah, I mean, brother, we've learned a lot.

0:11.0

We sure have.

0:12.3

Like a whole lot.

0:14.5

Sometimes I wish we hadn't to learn so much because everything we learned, it means we were doing it wrong.

0:19.1

Like when you learned something, it's because you were doing it wrong before. Correct. You know, and it's been a very humbling

0:25.6

experience, but, um, yeah, but when you make those mistakes and you don't duplicate them,

0:30.6

that's really a worthwhile venture. You know, it's actually fine to make the mistake because

0:34.7

when you learn from it, you don't do it again, it actually strengthens your business. So I never look at it as a negative, only as a positive.

0:41.7

Yeah. So Kevin and I, I'm speaking with Kevin Broughton here, I just clicked the record

0:48.2

button. We're having a conversation. I said, let's record this. So Kevin and I, for the last 12

0:53.2

years, have built one of the largest branches in the

0:57.9

nation. And just as an FYI, not in people, because, you know, there's some branches that

1:05.8

declos one loan a year, right? You can belong to these branches. And I think there's great that there's

1:11.9

services like that available. That's just not who we are. We're for the more successful,

1:17.2

full-time, you know, wanting to close, you know, a significant income, right? That's who we're looking

1:23.8

for it. Right. But in building one of the largest branches in the nation, yeah, we've learned a lot of things.

1:32.7

And so we thought we were sitting here talk about some of the things we learned.

1:35.2

I said, dude, let's just hit the record button here.

1:37.3

This might get cut on the cutting room floor and this might get put into a podcast episode.

1:43.8

So we'll just kind of see how it goes.

1:45.5

Sure. Sure. So what's like one thing that you think? Like if you had to grab something,

1:50.9

what would you say in no particular order? What comes to your mind first? Well, one thing I think we

...

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