Entries by Enact

Why Manufactured Housing Deserves a Fresh Look

Remember when manufactured housing used to equate to mobile homes? Remember when loan officers avoided underwriting loans for manufactured housing for fear of low commissions, foreclosure risks, and the added complexities of underwriting those types of “unreliable” homes? For some, these myths still flood our thoughts when a potential borrower approaches us about a loan […]

[Ask an RU] Underwriting a File with Cannabis Income

Working for or owning a cannabis business has become a commonplace form of employment in the U.S. Why? Well, there is a high demand and it’s legal for medical or recreational purposes in many states.  Published statistics reflect that there are currently 24 states in the U.S. that allow the legal use of marijuana and […]

Productivity Tips for Mortgage Professionals to Have the Most Impact

We’re in a unique situation….pipelines are full but given the coronavirus pandemic, we’re having to keep up with changes in the law, changes in business guidelines, and borrower inquiries. Using our days productively is now more critical than ever. If you feel like you’ve been stuck in a productivity rut recently or that you’re not […]

9 Tips to Virtual Selling for Loan Officers

As loan officers, we’re relationship people. But with everyone working from and staying at home, we need to sharpen our virtual selling skills to ensure we’re remaining as effective as possible. In the current environment, we’re being thrown into virtual selling headfirst, and many of us may not have any experience in selling virtually. That’s […]