The meteoric development of Rocket Mortgage has demonstrated just what loan officers should do to carry on to remain competitive in the market of tomorrow. The clear answer? Adopt a hybrid home loan financing procedure.
A mortgage that is hybrid combines the original, relationship-heavy, lending practices with today’s technology geared towards boosting and streamlining the procedure. Below, we’ll explain to you simple tips to take action.
“I believe that branch loan officer is a dying career. ”
They were the text of Quicken Loans’ main economist, Bob Walters. Although Quicken Loans / Rocket home loan originated $79 billion in 2015 home loan amount, we think the role regarding the loan officer is not dying, however it positively has got to evolve.
The draw to Rocket Mortgage: home loan automation
Tech. Speed. Simpleness. They are the buzz terms you hear whenever reading about Quicken Loans’ Rocket Mortgage item.
Study amongst the lines which is easy to understand just what REALLY drives their home loan lending prowess: automation and effectiveness. Continue reading “Classes from Rocket Mortgage: produce a mortgage machine that is hybrid”