▲ 10 r/loanoriginators
How is everyone doing?...
For context, I have been originating for 9 months and am currently working at a small brokerage. No self gen, just working the leads that are provided by the company.
The conversion rate is low and nobody is currently making meaningful money. Alot of the LOs have left but I still have some confidence that the company will turn around.
Is this normal for everyone right now? I am thinking the grass isn't greener on the other side, but a lot of people seem to be making money..
The comp is good. We get no base but 100bps per loan closed.
This is also my first LO job.
u/Far-Equivalent3613 — 6 days ago