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Classes from Rocket Mortgage: create a mortgage machine that is hybrid

Classes from Rocket Mortgage: create a mortgage machine that is hybrid

The meteoric development of Rocket Mortgage has demonstrated precisely what loan officers should do to carry on to remain competitive available on the market of the next day. The solution? Adopt a hybrid home loan lending procedure.

A mortgage that is hybrid combines the standard, relationship-heavy, lending methods with modern tools targeted at improving and streamlining the procedure. Below, we’ll explain to you simple tips to get it done.

“I believe that branch loan officer is really a dying occupation. ”

They certainly were the language of Quicken Loans’ main economist, Bob Walters. Although Quicken Loans / Rocket home loan originated $79 billion in 2015 home loan amount, we think the part regarding the loan officer is not dying, however it definitely needs to evolve.

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