Loan Broker Network Review (Updated) by Philip Smith

Course Name: Loan Broker Network
Instructor: Philip Smith
Price: $997 Plus Upsells

Overview

Loan Broker Network is an online course created by Philip Smith, designed to teach individuals how to become successful loan brokers. The program promises to provide comprehensive training on various aspects of loan brokering, including finding clients, managing deals, and closing loans.

Content and Structure

The Loan Broker Network course offers a detailed curriculum covering essential elements of building a profitable loan brokering business, including:

• Understanding Loan Brokering: Basics of loan brokering, including how the industry works and the role of a loan broker.

• Client Acquisition: Techniques for finding and acquiring clients who need loans, including businesses and individuals.

• Loan Types and Options: Overview of different types of loans and financing options available to clients.

• Deal Management: Guidance on managing the loan process, including paperwork, negotiations, and communication with lenders.

• Closing Deals: Strategies for closing deals and ensuring that loans are successfully funded.

• Risk Management: Tips for managing risks associated with loan brokering, including deals falling through due to factors outside of your control.

The course includes video lessons, live coaching sessions, and access to a private community for support and networking. There are also various upsells available for additional resources and advanced training.

Instructor

Philip Smith is an experienced loan broker with a successful track record in the industry. He brings his practical knowledge and insights to the course, aiming to help students navigate the complexities of loan brokering and achieve success.

Price

The course is priced at $997, which includes access to all training materials, live sessions, and community support. There are also upsells available for additional resources and advanced training, which can increase the overall cost.

Pros

• Comprehensive Curriculum: Covers all critical aspects of loan brokering, from client acquisition to closing deals.

• Experienced Instructor: Philip Smith offers practical insights and strategies based on his successful experience in loan brokering.

• Supportive Community: Access to a network of peers and mentors for ongoing support and collaboration.

• Actionable Strategies: Emphasis on practical, real-world applications and strategies for loan brokering success.

Cons

• Mind-Numbing Work: The day-to-day tasks of loan brokering can be repetitive and tedious, making the work less appealing for some individuals.

• Deal Uncertainty: Deals can fall through due to factors outside of your control, leading to frustration and financial loss.

• High Cost of Upsells: The initial cost is moderate, but the additional upsells for advanced training can add up quickly.

Learning Curve: Requires a significant investment of time and effort to master the techniques and achieve consistent results.

What’s My Solution?

I think Loan Broker Network teaches a decent business model in theory. However, “theories” often don’t pan out.

For example, with the loan brokering business model you’ll find yourself struggling with...

1. Slow Sales Process

2. Annoying Paperwork

3. Deals That Could Fall Through

Yeah, those are just a few of the things that gurus like Philip Smith don’t really tell you about the business.

Which I totally understand, if you knew those things... you’d probably reconsider buying from them right?

Unfortunately, they know that too... which is why they don’t say anything.

See, they’re mainly just concerned with you handing over your money (I’m talking gurus at large here) and wishing you luck.

When their system doesn’t work... it’s not their fault... or their systems... it’s your fault.

It’s something you did.

That’s the reason you’re not making full time passive income...

Ugh.

I hate that they deal with people that way. Too much psychological manipulation and once you see it... you can’t unsee it. It makes you sick.

At least it makes me sick...

See I’ve tried a lot of things throughout the years myself. But I’ve also had family members try real estate from their favorite guru, they’ve tried Amazon FBA, drop shipping, running an agency, even credit card programs.

It has never ended well.

You see, I learned that it is almost impossible to do any one of these “side hustles” full time unless you have a lot of money or have come from a rich family.

Gurus will tell you otherwise, but we all know why that is...

So in my online journey I was going to make sure that whatever it was I did was 1) viable and 2) only takes an hour or two after work to work on.

I didn’t want to get stuck in the constant hustle and burn my life away trying to chase after the guru version of the hamster wheel.

Screw that!

I want to be able to work hard, have a job (which isn’t as bad as gurus say), and have some side income.

I’m not greedy.

I’m not looking to get super rich.

Just something honest and simple.

I found that to be something called Local Lead Generation.

No ads, No crazy tech skills, and no real sales skills either.

All you do is build a little website like this:

Rank it to the top of Google like this:

And call up a guy/gal in town who can do the work.

After they’ve made some money, you just ask for a finders fee (super common in the contracting space) and boom... you’ve created a nice dependable side income.

Have I known people who do this full time with hundreds of these sites?

Sure... but they’re pretty stressed out!

People with 5-10 of these though?

Super relaxed from what I’ve experienced myself and seen from others.

And we’re after the least amount of stress possible right?

That’s what I’m thinking...

Full time secure job, 401k or IRA retirement account, and side hustle income leads to a pretty cushy life.

Gurus won’t tell you that because they want to pull on your greed strings.

I’m sick of the industry though, and just want to be straight with you.

There will be some hard work involved. Not everything will be peachy from the onset. But it will be worth while.

So, if you’d like to learn more about how this works, click the Private Invite button below...