Why do Mortgage Lending Companies have a high turnover rate for employees?
Answer:
1.) Like every other sales job . it is very difficult and stressful
2.) The employees who aren't in sales don't get paid very well
Everyone knows what he gets into before signing his work contract.
Mortgage companies are a feast or famine business. If you aren't bringing money in, you're out the door
brokers are miss treated by the mortgage company's and they don't make the money they should.
the mortgage company making most of the money
most brokers just finding the costumers and otheres doing most of the processing.
ther is altos of fees that the broker dos not get and it is not part of commissions.
All in financial matters.
If you had your company, you would also do the same.
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