As published in Scotsman Guide's Residential Edition, July 2011.
In 2007, as the housing market began its decline, Brad Cohen thought he would have to sell his custom-built, $3 million home. Rather than succumb to the market and sell his home at a loss, he decided to fight back.
His solution: “I worked harder than everyone else. That’s what motivates me, to get ahead and pay off my own mortgage.”
Certainly, his hard work has brought results. Cohen closed 513 loans in 2010, totaling more than $190.5 million in volume and placing him at No. 8 on Scotsman Guide’s Top Originators 2010 rankings for overall volume and No. 12 for most loans closed.
In addition to his personal motivation to pay off his mortgage — which he hopes to have paid off in the next year or two — Cohen says he finds being a mortgage originator fun.
“There were so many shady loan originators in this industry. I like being one that survived and pride myself on doing a good job,” he says.
“I’ve always done the right thing in life, and it’s paid off.”
View Scotsman Guide’s Top Originators 2010 rankings.
Ivanna C. Sukkar is the editor of Scotsman Guide. Reach her at (800) 297-6061 or email@example.com.