Loan Officer Transitions From Retail to Brokerage for More Products and Support

Rita Pomarantz (00:00) My future with MPA looks bright. I've just been really excited, and been able to get out there and network myself and the company. There's not as much competition so I can go after pretty much anybody I want to. are really enjoying it, so... I see a long future with MPA. Hi, my name is Brandon Doza. I am a loan officer with MPA Home Loans. I live in Denver, Colorado. Before I joined MPA Home Loans, I was a retail loan officer with Fairway Independent We were looking for a change, you know, we were looking for more opportunity, more products. We had definitely looked around at different brokerages, and we settled on MPA Home Loans because they had a lot of the really good things that we liked about the retail side, like all the support, the dedicated processing. But they had access to way more products, better rates. I do a lot of business in the mountains, and there's a lot of tricky loans up there for different condos. I was just tired of saying "no." Since coming to MPA, it's just been a world of "yes." I've been able to do all the tricky deals and stuff in the mountains, which has been just amazing. Before we found MPA, we were looking for those support systems that you had on the retail side, but we wanted more options. We wanted to be able to shop different lenders, and rates, and programs. And there's a lot of brokerages out there that promise higher comps and stuff like that, but there's no support system. At the end of the day, as the loan officer, you end up doing a ton more work, and MPA is an awesome hybrid model of that. They have all the support systems, the dedicated processing that the retail side has, but they have the brokerage channel so we can shop 40+ different lenders to find the right products and the best rates. Everybody at MPA is super friendly, super helpful. It's very tight knit. It is a smaller brokerage, but it has the support systems, and the feel of a big brokerage. My experience so far has been great. There's tons of support. It's been fast - faster than I realized. Coming from the retail side, that's kind of always I don't want to say a "lie" that they tell you, but, if you go to the brokerage side, everything's going to move a lot slower, and it couldn't be farther from the truth. The leadership at MPA is great. You know, all the branch managers, Michael, the CEO. You know, they're all there to jump in and help when you have questions. We have a big Slack channel that, you know, if you have a question, they answer and they're super helpful, so it's been great. Being here has impacted my business as a loan officer by enabling me to do more across the board. I said, I do a lot of business in the mountains, and I had to turn down a lot of business when certain condominiums came up or certain properties that we just couldn't do on the retail side. And I've been able to take those on now, which has led me to have more outreach with realtors up there. It's been awesome to be able to do that. I would recommend MPA to other loan officers because it's opened up a world of opportunity for me, and I know it will for you too. Don't listen to the hype that the brokerage side has to be scary. I know it can be, but coming to MPA, it's just a completely different animal. They have all the systems in place to make it easy for you to switch, and you're going to be amazed at how much opportunity you have.