| Topic: | We Recruit Quality Branches, For Quality Branch Companies. | TP-593 | ||
| Keyword: | Mortgage Banking Consultant | |||
| Reply: | Reply to this topic | |||
| 1003s.com Corporation | Email | Contact | Postings | Edit | CT441412 |
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Opportunity #1
No Set Up Fee, $500 – flat fee per file no monthly fee. Raw banker pricing, no padding from 5 well known lenders, Taylor, Bean & Whitaker Flagstar DK Funding West America SunTrust for CONV, and FHA loans. They are also set up to broker loans to provident. As well as many other lenders This program supports 1099 or W2 employee’s classification is dictated by licensing in each state. If you plan to originate FHA loans you must be a W2 employee. Many of the branches with this company close loans under their own DBA so they are are able to build their own brand name, while at the same time having the ability to close FHA loans and have access to a large lender list and in some cases take advantage of a preferred price. This program has a great technology platform. Pick your own LOS. AR, CA, , FL, IA, IL, IN, KS, MI, MO, NM, SC, TN, TX, WA, WI States where 1099 is an option = FL, WA, KS, MO, IA, TX Branches can use a registered DBA with this program in all states except IL. A branch that is W2 can still use a registered DBA for marketing. This is a great feature, for brokers that are considering converting to a net branch type opportunity for the purpose of doing FHA loans, as it allows them, to retain the name, they spent time, effort, and money establishing. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ Opportunity #2) $500- flat fee per file no set up fee AZ, CA, CO, FL, IL, IN, ID, LA, MA, MI, MD, , MO, MN, NC, NM, NY, NJ, OH, OR, PA, SC, TN, UT, VA, OH, IN, NJ=Banker only SC First MTG only. Licenses Pending: AL, NV, (This company will consider going into any other state where someone wants to open a commercial branch office.) Conventional, FHA, VA It is your choice you can either close loans on the banker side or broker out your entire pipeline. Branches must close a MIN of 2-3 files per month. Monthly E&O fee $100-$300 - varies with volume. If you like to banker loans, they have open book pricing with: GMAC AM Trust City Mortgage Flagstar Branch managers last 2 years w2’s should average a MIN of 50K Stable Employment history required. Good Credit Required Bricks and sticks required for, NC, IL, MD, NY, and AZ, branches. AZ, CA, NC, NY, branches must close a MIN of 10 files per month. NY, & NC COMP plan varies from above, call for details. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ _ Opportunity #3 CA, CO, CT, DE, FL, GA, IL, KY, MA, MO, MD, MI, NM, NJ, NH, PA, RI, TN, VA, VT, This opportunity is geared for branches and LO’s that want to banker loans. FHA loans must close on the banker side, as they have a full eagle. Other loans can be brokered. Processing is done at the corporate office. They are running about 72 hours for FHA underwriting. For all small branches, and VLO’ s / $595- processing fee. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ __ Opportunity #4 $1495- Flat Monthly fee, monthly accounting fee of $149 = 1644 CONV, Non CONV, FHA, - Reverse Mortgages, VA, Rural Development. DBA’ s will be considered on a case by case basis. Licensed States. AL#1, AR#2, AZ#3, CA#4, CO#5, CT#6, DE#7 , FL#8, GA#9, IA#10, IL#11, IN#12, KY#13, LA#14, MA#15. MD#16, MI#17, MN#18, MO#19 MS#20, NM#21, 0H#22, OR#23, RI#24 SC#25 TN#26, TX#27, UT#28 WI#29 WV#30 Watch this list grow! Several more states are pending. Large Lender List. Other Costs $7- per week for each employee covers fees do to outside payroll Company. $7 per employee, per week Fee which covers all payroll related fees from Paychex® (payroll provider), the set up and monthly hosting fee for a personalized website and the set up and monthly usage of Encompass® (TFF’s Loan Origination software). Pay is once per week Pay Method: W2 Getting Started: Application fee is $99- non- Refundable. This covers all Background checks. Security for you to know were hiring Quality Partners Set up fee : $400 includes LOS - Encompass Registration, labor law posters, $400 of this setup cost is used to provide you with the necessary branch start up material needed: Licenses, charm booklets, all labor law posters, Brochures, Folders, Letterhead & Envelopes, Encompass registration, this all comes in Logo Leather Brief case etc… CORP, volume prices on lead purchases. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ Opportunity #5 FED Charter This is banker opportunity 2.5 million MIN per month required. Average loan amount must be over 225K Clean Business, A paper and GOV Solid applicants only, must have established office Solid credit, cash reserves, ETC. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ Opportunity #6 $950- flat fee per file. CONV, FHA, VA Banker or broker, Padding, on the banker rates is very reasonable. CA, CT, FL, GA, MA, MD, NY, PA, WV, VA To qualify branch manager must have a 2007 with 85K or more on it. Branches must close a MIN of 7 files per month. All w2 employees, ALL actual expenses for FICA, FUTA, SUTA , And workmen’s COMP will be charged to the branches P&L. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ Opportunity #7 VLO opportunity / Work from Home. Broker only / No padded Rates. CA, CT, FL, GA, MA, MD, NY, PA, WV, VA $1750- flat fee per file includes processing. CONV, FHA, VA ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ _ Opportunity #8 No licensing or REG Requirements. Volume Based branch pricing In the following states nAL, CO, DE, FL, GA, IA, IL, IN, KY, LA, MI, MO, MS, MN, NE, NC, NV, OH, OR, PA, SC, SD, TX, VA, WA FHA in: Illinois, Michigan, Indiana, Missouri, Kentucky / Only All loans Are brokered no padded rates. COMP Plan varies with Volume. Opportunity #9 COMP plan may vary per state. AZ, CA, CO, FL, IL, IN, ID, LA, MA, MI, MD, MO, /, MN, NC, NM, NY, NJ, OH, OR, PA, SC, TN, UT, VA, WA, WI, WY OH, IN, NJ=Banker only SC First MTG only. Licenses Pending: AL, , NV, (This company will consider going into any other state where someone wants to open a commercial branch office.) Conventional, FHA, VA It is your choice you can either close loans on the banker side or broker out your entire pipeline. MIN of 2-3 files per month. Monthly E&O fee $100 If you like to banker loans, they have open book pricing with: GMAC AM Trust City Mortgage NATL City Mortgage Branch managers last 2 years w2’s should average a MIN of 50K Stable Employment history required. Good Credit Required No Offsite LO’s in the following states: NC, IL, MD, NY, and AZ, branches. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ Opportunity #10 No licensing or REG Requirements. Volume Based branch pricing In the following states AL, CO, DE, FL, GA, IA, IL, IN, KY, LA, MI, MO, MS, MN, NE, NC, NV, OH, OR, PA, SC, SD, TX, VA, WA FHA in: Illinois, Michigan, Indiana, Missouri, Kentucky / Only All loans Are brokered no padded rates. 30 plus units per month $600- flat fee per file. 20 plus units per month $700- flat fee per file. 10 plus units per month $800- flat fee per file 0 plus units per month $900- flat fee per file 10% ADMIN fee and no subtraction for employers part of the FICA, FUTA, SUTA, and Workmens COMP. Requirements Clean Credit Commercial office location MIN 5 years experience Branches must have tax returns, YTD PNL Reports, ETC To evidence a minimum of 10 closed loans per month. $5000- Branch Reserve Required. Application fee $100- branch manager and $30- each LO Commercial space required We recruit for several Quality Net Branch Providers. Net Branch Opportunities. 1003s.com Corporation bob@1003s.com PH:630-724-1470 http://www.1003s.com EOE |
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