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I am currently 25, and have been in the mortgage business for 6yrs and with the same company for 5yrs. I was a top producer for a huge company in upstate NY. Also was promoted to manager in 2006. I am back to being a loan officer now and things are not going well at all. Should i look for another position in the company or just keep with what i am doing right now, which i am not happy with. Thank you for your help!
I wish i could give more detail about my current sits. but this limits you to certain amount of letters. I really want to start my own business, does anyone have any Ideas?

7 Thoughts on Looking for some advise about my next career move.?
  1. Reply
    February 10, 2014 at 2:40 pm

    You don’t say what happened to put you back in the position of being a loan officer. If it’s with the same compnay that you were a top producer for and a manager for, it’s definitely time to move on. They no longer value you or your efforts.

    Don’t stay anywhere where you are not happy. Stay employed to keep bringing in money to pay the bills, but, in the meantime, look for a position at another company that you would love.

  2. Reply
    February 10, 2014 at 3:13 pm

    Don’t waste your time staying where you are. Look for another position or change your career.

  3. Reply
    February 10, 2014 at 3:45 pm

    I definitely think that you should have a sit down with the boss, and if that isn’t practical try writing a formal letter. Let him/her know that you are ready for more responsibility in the company. Give them a few reasons why you should move to a higher rank. If they aren’t willing to consider it, you should consider a different company. Most companies are willing to promote within if there is an open position. If there isn’t, you can’t force it. However, letting them know that you are ready and willing, not to mention able is a great first step to getting your career back on track.

  4. Reply
    February 10, 2014 at 4:08 pm

    Get a real estate license and just hang on for a while longer while the market is recovering. You should do great!

  5. Reply
    February 10, 2014 at 5:02 pm

    You sound like you are a really motivated business type person. Have you ever thought of starting your own business. You said that you were a top producer for a company so why not be a top producer for your self. Have you ever read the book Rich Dad Poor Dad. If not you may want to take a look at it. I would love to share more with you about a business opportunity if you are at all interested. Good luck to you and I hope you find your happiness.

  6. Reply
    February 10, 2014 at 5:05 pm

    I have been in the mortgage business for only 2.5 years, and man, are things tough right now! A year ago, I was closing 20-30 files a mth just for 1 loan officer. He was also the top producer for the company. Now he is only closing 3-5 files a mth (if he’s lucky). I also work for his Realtor wife, and she is not doing good at all. So that can give you a hint. You sound really professional, educated, young, and “top producer” : ) Why not take advantage of that? I dont think as a loan officer you will be doing so good. The market is bad right now, especially now that the lenders are getting pickier with their borrowers.
    If you are not happy with your current position, I say look for another position that you will not only enjoy, but make money out of it.
    Hope this helped out, and I wish you the best..
    : )

  7. Reply
    February 10, 2014 at 5:16 pm

    Sorry, but the writing is on the wall. Get out and start a new career before the masses run for the door. The market is going down fast and it will take a long time to recover. Until it does, I suggest doing something else. Part of the problem is that everyone and their mother decided to go into the RE industry. They followed the $ $ trail and that trail is done now. Time to move on. Sorry for sounding harsh but realisticaly, its over for a long time. Good luck.

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