Derrick Enderby

Derrick has worked in the banking and mortgage industry for more than 27 years. With over 16 years working as a loan originator, he certainly has felt the rewards that come with the job along with the pain points many LOs experience. He transitioned from being a LO into the training and technology side of the business in 2013 and ultimately brought his desire to help Loan Officers succeed by leveraging technology to LenderLogix in 2021. Listening to the needs of his clients and working with the LenderLogix team to to provide best in class products and services is what motivates him. Derrick graduated from Clarkson University and lives with his family in Buffalo, NY.

Younger Mortgage Loan Officers Crave Technology 👩🏻‍💻

Sixty-four percent (64%) of Loan Originators are over the age of 40, and the average age of an LO is shifting younger. Currently, the average age is 44, while in 2014, it was 54 years old. That trend is continuing. What’s more is that the average LO is much more mobile than in the past. With the post-pandemic shift away from the office, most LOs use home offices as their hub rather than a traditional office at work. This shift in work/life balance translates into fewer hours in any office at all. So the question you have to ask yourself is: do you feel prepared? Well, do you? (said in my best Dirty Harry voice)