Non-licensed Originators

small branch map
 
We lend in all 50 states!
     
 

Remote Agents / Branches

 
 
Remote Brokers / Small Branches
 
 
Highlights
Close in 50 states without licensing, FHA+VA approved, employed by FDIC bank, extremely involved hiring managers + processors. No YSP disclosure!
Licensing Requirements
None
Employment
W2
Software
Robust LOS system
Processing
In-house or by branch
Experience Required
2 years
Volume Requirements
2 loans/month
Commission
120bps-200bps
File Fees
None
Borrower Closing Costs
$995/file for Underwriting,
$695/file for Processing
Loan pricing
Pricing engine
Brokered Loans
Pays 75bps
Set-Up Time
48hrs
# of states
50
Pay Period
15th and 30th

Reverse Mortgages
Yes
Product Mix
Commercial, Conventional, Conforming, FHA, VA, USDA, 203K
Start-up Cost
None
Branch Reserve Requirement
None
 
 

Please be sure to check out the FAQ or Contact Us if you have any questions.
 
 
Remote Brokers / Small Branches
 

 

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