Mortgage Blog

Don't know that we did not know

September 18th, 2011 10:22 PM by Eric Fang

This weekend I asked a computer professional
to setup my computer, network, etc since I
just added my team members recently.

Though I was a computer professional for over
10 years. But still there are lots of areas I
did not know.

I used to drop computers from dell all the time.
And I though that odering the computers should
be easy since I will only use them for two years.
But when I worked with the consultant, I just
realized that some computers I ordered does
not have the best performance capacity I
paid for. And I though I knew(how to order it).

Same for the mortgage industry. I talked to another
agent this weekend. And he asked me which lenders I
used, and he found out that I only used two or three
lenders. And he was surprised that how I did so well
with those lenders. I just told him that I don't
lock the rates all the time, and A lot of my clients
working with me to "wait" for the rates. So we only
lock the rate when it reached the targets.

Also, I told him that I locked lots of 15 yr fixed
loans the past a few weeks. And I already collected
lots of applictaions for 30 yrs fixed(around 4%).

I am doing better in mortgage industry just because
I know what I am doing. And "know" the rate trend
most of the time.

Posted in:General
Posted by Eric Fang on September 18th, 2011 10:22 PM



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