Allen Beydoun is executive vice president of sales at United Wholesale Mortgage (UWM). Beydoun, who joined UWM as an account executive in 2007, now leads more than 400 account executives, team leaders, division managers and developmental teams. His leadership guides the entire team of UWM in providing exceptional client service, consistent turn times and constant communication between UWM’s operations team and brokers.
Technology is the best thing that has ever happened to the mortgage industry. From paperless mortgages to the increasing use of completely borrower-driven mortgage applications, the mortgage industry of tomorrow will be a night-and-day difference from the mortgage industry of today.
Mortgage brokers have a great opportunity to do more business with home-buying Millennials in 2017, and it will be an easier task than one might have expected. It comes down to educating them on the mortgage process and why brokers are the best option, as opposed to overhauling their mindset.