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Loan Officer Freedom

Why Nearly 40% of Loan Officers Left and How to Thrive If You Stayed

Loan Officer Freedom

Carl White

Education, Business, How To

4.9753 Ratings

🗓️ 3 January 2024

⏱️ 23 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 Steve Kyles discuss the impact of 37% of loan officers quitting and not renewing their licenses.

They explore the reasons behind these decisions and how it affects the remaining 63% of loan officers.

They also share insights on overcoming limiting beliefs and seizing the opportunity to thrive in the industry.

Tune in to gain valuable perspectives and strategies for success in the mortgage business.

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

Transcript

Click on a timestamp to play from that location

0:00.0

37% quit and has that effect the rest of us.

0:14.4

Hey, this is Carl White and you are listening to Lone Officer Freedom number one podcast in the world today.

0:20.7

And I'm broadcasting

0:22.0

here in the communications room of the mortgage marketing animals. And I'm joined by my, I was going

0:28.4

to say partner in crime. There's no crime here. No crime happening here. I'm trying to make

0:32.8

myself sound like a bad guy. I love here. Yeah, yeah. You are a mortgage superhero. That's for sure. This is a bad guy. I like you're a superhero. Yeah, yeah. You're a mortgage superhero.

0:39.3

That's for sure.

0:39.9

This is a mortgage superhero.

0:41.8

Yeah.

0:42.0

So anyway, so my fellow mortgage superhero, Mr. Steve Kyle's himself, coming out of Houston, Texas.

0:49.1

How you doing, brother?

0:50.0

Man, I'm great.

0:50.8

What a great topic.

0:52.1

We were talking about this earlier.

0:53.8

37% quit. How does it affect me?

0:57.8

So, you know, first of all, so 37% of all loan officers as of this recording that we're doing it did not renew their license.

1:07.1

And it's coming up on the wire, right? It's time to renew. Just a handful of Dave's left. Yeah. So first of all, why do you think they quit? Hmm. When they see, here's my question. And this is a real question. This is going to sound a little snarky. I don't mean it that way. I love people. And, yeah, so this is going to sound snarking. It's not. It's a real question.

1:30.3

I look to see Nate Carver.

1:33.3

Mm-hmm.

1:34.3

And I see Nate Carver like, and we just had an episode that was just released not too long ago. So you can go back and listen to that episode.

1:45.6

But you see Nate Carver.

1:46.8

And these are off the top of my head.

...

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