The meteoric development of Rocket Mortgage has demonstrated just what loan officers should do to carry on to compete in industry of the next day. The solution? Adopt a hybrid home loan financing procedure.

A mortgage that is hybrid combines the original, relationship-heavy, lending practices with today’s technology targeted at boosting and streamlining the method. Below, we’ll explain to you how exactly to do so.

“I genuinely believe that branch loan officer is really a dying occupation. ”

They certainly were the language of Quicken Loans’ main economist, Bob Walters. Although Quicken Loans / Rocket home loan originated $79 billion in 2015 home loan amount, we think the part associated with loan officer is not dying, nonetheless it definitely needs to evolve.

Tech. Speed. Simpleness. They are the buzz terms you hear whenever reading about Quicken Loans’ Rocket Mortgage item.

Study involving the [...]