Mortgage Austin was founded by Anthony Ferrando after a decade of serving the Austin real estate market. Anthony began his career as a 20-year-old real estate agent starting from complete scratch; without any local connections or business knowledge. After struggling for 4 long years in real estate, Anthony hired one of the country’s top real estate coaches and began earning an above-average income each year that followed. He went on to earn his real estate broker’s license which he still holds today.
Eventually, Anthony began to realize that mortgage lending was his true calling. After earning his Mortgage Loan Originator’s license through TX-SML, Anthony closed his real estate business and focused solely on originating residential home loans.
For years, Anthony focused on becoming the very best mortgage loan officer he could be – for his clients, for his family, for himself. Relying exclusively on professional referrals, Anthony was recognized as a Top Producer at each company he worked for. Without an expensive marketing budget, Anthony developed a following of “Raving Fan” professionals who refer their clients directly to him.
While working as a mortgage loan originator, Anthony realized a few things; many mortgage loan officers don’t know what they’re doing; many mortgage loan officers do not renew their license after the first year; and, as a result, many borrowers do not receive the level of service they deserve.
He also noticed that many mortgage companies prioritize increasing their loan officer count and teaching classes that do not create productive MLOs. Many companies either insert the MLO as a “cog” in their metaphorical wheel or turn the MLO out to the wolves to fend for themselves. Consequently, most loan officers do not learn how to run their practice as a business which shows in their productivity and local reputation.
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