5 • 743 Ratings
🗓️ 5 February 2025
⏱️ 33 minutes
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Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White.
In this episode, your host, Carl White sits down with Chris Johnstone and discusses the importance of leveraging your time and resources to maximize your results.
Discover the two key areas that can significantly boost your production: marketing to your past database and building relationships with real estate agents.
Learn how to implement scalable processes that allow you to close more loans without burning out.
Whether you're a seasoned loan officer or just starting out, this episode is packed with actionable insights to help you grow your business and capture market share in a competitive landscape.
Don't forget to visit LOappointments.com to learn more about how you can leverage appointment-setting services to supercharge your loan production!
Schedule a one-on-one free coaching call, click here or visit LoanOfficerStrategyCall.com.
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0:00.0 | You know, you want to think the name of the game is. |
0:09.5 | What's that? |
0:10.5 | Scaling. |
0:12.3 | Hmm. |
0:13.5 | Yep. |
0:14.5 | See, that's the word of the day is scale. |
0:18.3 | Because you know, it's one thing to go, all right, I'm closing one or two or three or four, like this activity I'm doing. |
0:24.6 | I'm getting this or five, right, or six or seven. But, you know, that's like you have to make sure that you're working on strategies that you can do three, four, and five times what you're doing. |
0:42.3 | Like if what you're doing is taking 40 hours to close four loans for the month, and |
0:48.8 | it's taken 40 hours a week, right? Well, now to close eight loans, it'd be 80 hours a week yep right and and that's not sustainable |
0:59.6 | we can do for a short period of time and so we've got to figure out ways uh to have whatever we're |
1:08.0 | doing is a scalable process. Yep. |
1:11.6 | And I tell you, I have found two areas and two areas only that I think is scalable. |
1:18.6 | What's that? |
1:20.6 | So number one, marketing to pass database. |
1:23.6 | Yep. |
1:24.6 | And number two, marketing to real estate agents. |
1:28.3 | Call those two with a little bit of effort, I get big results. |
1:35.3 | I'll give you, I'll give another example. |
1:37.3 | So like, let's say consumer direct. |
1:41.3 | So most consumer directs convert at a very low ratio. Very. Right. So, so let's even say, let's be generous and say one percent. Okay. Right. Which, which even the greats like rocket mortgage. Yep. They don't convert 1%, right? |
2:01.6 | But they get thousands and thousands and thousands of leads. |
... |
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