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Home Forums General Can I Be a Part Time LO? Reply To: Can I Be a Part Time LO?

#9428
Dustin Owen
Keymaster

Short answer is, “no” and long answer is “yes”.

You will need to be able to give it your all, pour your heart and soul into getting your business off the ground for the 1st two years. This includes weekend events such as Open Houses and afterhours events such as networking opportunities. You’ll have some flexibility as it pertains to what time you come in (anytime between 7:30 and 9:30am) and what time you leave. Some of your work you can do from home. But, you will need to be “All-In” to get your business off the ground. Once you are “in-air” you can dial it back a little more. There are plenty of folks who fund 2-3 loans a month and make their $65k – $110k per year that do not go “all-in” week after week. However, those are folks who have already established a following, have a past client database and have created their referral network as well as know what they are doin gin terms of actually structing a loan for approval. I normalldo not advise a side-hustle unless you are willing to work 60 hours per week (45 dedicated to mortgage and 15 hours to side hustle) and your side hustle is either 5am-8:30am (M-F), 6pm-10pm (M-F) or hours work over the weekend.

I hope this helps…