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| There’s no doubt that in the past few years, winds of change have swept through the mortgage industry. Winds which have precipitated global shifts in the way that mortgage companies and loan officers alike have been forced to restructure their business. We at Candor Mortgage Corporation have seen this change firsthand, just as you have. The necessity of this change has helped us shape Candor into a fundamentally different kind of mortgage company. At Candor, we have engineered our company from the ground up to thrive, not just survive, in this post-crisis environment. |
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The traditional paradigm of a mortgage company was one in which the central business office served as the anchor of activity, with salaried staff, technical infrastructure, and monthly expenses, all of which decreased the company’s profitability.
In the past, when times were bountiful, these expenses were simply the “cost of doing business”. In our leaner, more competitive market, they become, simply, a recipe for disaster.
If these traditional companies can survive at all, they do so by cutting expenses such as commission splits, marketing, and staff, and they lean on loan officers ever harder to produce their own leads and do more with less. |
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In our current lending environment, this business model is destined to fail. It will fail because it ignores the fundamental truth of the mortgage industry: companies survive and prosper by incentivizing performance and rewarding success, not the other way around. Loan officers who feel exploited and disenfranchised are rarely successful ones. Perhaps that’s where you find yourself today.
If that’s the case, then we invite you to review some of the many reasons why Candor Mortgage Corporation should be your new home, Why Join Candor. |
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