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Brokers: heres the formula for who to hire and when to hire them

A mortgage broker can contribute around $5M a month in settlements on their own

At $5M months, thats when we need our first hire

🟢 If weve got plenty of cash, we hire a credit analyst.

🔵 If we dont, we bring on a support person

Once we hit $8M months with that first hire in place, its time to hire again

🔵 If the first hire was a credit analyst, we make the second a support person

🟢 If the first was support, then we hire a credit analyst

Thats the simple road from zero to $10M

Good Luck ✌🏼