Answer to Tim,

Tim said...
As a new branch manager for a national mortgage lender, what is the best method for recruiting loan officers? I don't mind recruiting people who are just entering the market because I can recommend www.mortgagebrokertraining.com for training and provide them with
licensing, mortgage software and procedure training. The one thing I really need is a good source to find these people who are serious about becoming loan officers and have the drive to succeed.

Tim,

We are currently thinking about recruiting real estate agents. Abby, (who is my father and runs our mortgage company) just got his re broker license. We are thinking of opening a 100% commission real estate company to attract realtors. Then pitch them to use our mortgage company.

There is a lot of turnover, so any customers or loans we get will be marketed to from the company, so if the agent leaves we still retain the customer.

Other ideas, are job fairs. Booths at local colleges and universities. Being a guest speaker at the Chamber of Commerce. etc.

Be creative. Find someone who already knows how to succeed, and then get them hooked to you. People that know a ton of other people, make good loan officers.