You may be considering getting back into the mortgage business. Your experience in the industry puts you will ahead of the crowd. Chances are, if you have been around the block, you would prefer that the company at least has equal experience. A few years ago you may have worked with companies and loan officers who, to say the least, left something to be desired. Things are very different now.
Working with the mortgage brokers of the roaring 2000′s was stressful and we had no idea where the company would end up from day to day. Companies were hiring people into the industry that had absolutely no background or training in mortgage finance or sales. The managers would sometimes put sales and processing staff through a 3 day course and turn them loose on the floor. We rarely knew what would happen next. An experience loan officer couldn’t help but be affected by that. Sometimes it got downright scary.
