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Remote Originator

small branch map
 
We lend in all 50 states!
     
 

Remote Brokers / Small Branches

  
 
 
 
Highlights
Close in 50 states without licensing, FHA+VA approved, 100% commission, employed by FDIC bank, extremely involved hiring managers + processors. No YSP disclosure!
Licensing Requirements
None
Employment
W2
Software
Encompass- $275 out of first loan closed
Processing
In-house
Experience Required
2 years
Volume Requirements
2 loans/month
Commission
100%
File Fees
None
Borrower Closing Costs
$995/file for Underwriting+ Doc Prep $645/file Processing+ Admin
Loan pricing
Marksman pricing engine
Brokered Loans
$495 + 75bps Admin
Set-Up Time
1 Week with good credit, 2 weeks with bad
Employer Payroll Taxes
13%
# of states
50
Pay Period
15th and 30th

Reverse Mortgages
Yes - Lender List
Product Mix
Commercial, Conventional, Conforming, FHA, VA, USDA, 203K
Referral Fees
7bps/file
Start-up Cost
$190 for background check + application processing (refunded if rejected)
Monthly Fees
$150/month if ZERO loans closed in first 60 days
 
 

Please be sure to check out the FAQ or Contact Us if you have any questions.
  
 
 

 

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