The following guest sits down with host Justin White:

• Nicolas Toscano – Mortgage Loan Originator, Barrett Financial

Running a Successful Mortgage Business With Low Compensation and Overhead

There are several levers a mortgage broker can pull to set themselves apart from the competition. That said, nothing beats great service at a great price. How can mortgage loan originators deliver the kind of value that wins deals? Listen to Episode #116 of Good. Better. Broker. to learn how one broker is stacking up referrals by giving his clients the best deal they can find.

In this episode of the Good. Better. Broker. podcast, you’ll learn how to structure your compensation to bring in more business.

In this episode, we discuss ...

• 2:18 – how Nic’s different roles have contributed to his success
• 3:12 – why Nic keeps his compensation structure low
• 3:52 – transparency with borrowers
• 4:19 – chasing trophies in the mortgage business
• 5:07 – referrals and what they mean to Nic’s business
• 6:53 – offering no-cost refinances
• 7:22 – paying for leads and how they lead to conversations
• 8:09 – how Nic allocates his marketing dollars
• 9:32 – Nic’s schedule and how that impacts the way he works
• 11:27 – staying in touch with clients for refinance opportunities
• 12:54 – Nic’s advice on having a low-cost business model

Show Contributors:

Nicolas Toscano
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About the Host:

Justin White is UWM’s in-house brand journalist and the host of UWM Daily. He creates engaging content across multiple platforms to promote the benefits of the wholesale channel and partnering with UWM. A seven-time Emmy-award winner, Justin is a graduate of the S.I. Newhouse School of Public Communications at Syracuse University.

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Structuring Your Comp to Win More Deals | Episode 116