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Old 2006-07-27
Unregistered
Anonymous Coward
 
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Default Re: what's the hottest mortgage company?

Quote:
Originally Posted by Unregistered
The company I work for has a pretty cool program that pays our referral sources (banks, credit unions, collection agencies, etc) up to 1 percent for every referral that results in a loan. I market for their turndowns in that banks are primarily conforming. . .which would make me part of the subprime market. It's a good life; however, let's be honest with ourselves, the business is a rollercoaster and is constantly up and down. I've had great months, i've had horrible months. However, I no longer wash cars for a living.
I guess what i'm trying to say is that in this business it is so hard to tell who is doing good and who is doing bad. A typical response from most people in the industry will take their best month (which could be $20k) and multiply it by 12. . .thus saying that they are on pace to making $240k. At the same time failing to mention that they missed commission for the past 3 months.

Anyhow, best of luck to you with 1st Horizon. I actually work right next door to them and their employees seem to be doing alright.
Thanks for the reply.
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