Ryan Alexander was on a cruise together with his household when he obtained information he already felt in his bones was coming: the Department of Government Efficiency cut the undertaking he was engaged on by way of his consultancy agency. He was formally out of a job.
Though the information was jarring, Alexander’s household rallied round him—and inspired him to take an opportunity on one thing new: full-time mortgage lending. He already had expertise, he loved the work, and it might be a promising path ahead.
Since 2007, Alexander had labored in varied roles throughout the federal authorities. He had began his public service profession as a lab technician on the National Institutes of Health and finally held enterprise growth roles tied to businesses just like the Department of Defense and the General Services Administration. But after practically twenty years of federal work, it felt like the best time for a change.
Alexander earned his Virginia mortgage mortgage originator license in 2021, shortly after an earlier position on the Department of Commerce got here to an finish. He started working part-time at Kore Mortgage, a brokerage that employs 29 mortgage officers, slowly increase a consumer base and studying the ins and outs of the business.
Following the lack of his GSA contract in early February, Alexander briefly labored one other consulting job, however quickly determined to go all-in on mortgage lending.
Now working full-time as a dealer, he is centered on serving actual property buyers—a distinct segment he believes provides robust progress potential and a method to stand out in a aggressive market.
The mortgage business could not provide the soundness of a federal paycheck, particularly in unstable financial occasions, however Alexander says he is prepared to take that leap.
“I do not know if shifting to mortgage is the best factor to do, however I’m keen to guess on myself,” he stated.
Read on for Alexander’s journey into mortgage lending.
