Associate Loan Officer Opportunity ... YOUR 50 STATE SOLUTION and FHA too!
... an alternative mortgage net branch opportunity for licensed Mortgage Brokers
 | As their preferred educational provider, and in conjunction with a federally regulated institution, exempt from individual state licensing, Approved Associates can refer Mortgage loans in all 50 States and US Territories ... We enthusiastically endorse this exciting program, where as an associate, you can submit loans to all the major wholesale funding sources without the hassle of you getting individually approved yourself. This is not a 'net branch', although some consider it to be similar to one since you need to use the company processing center for your transactions. |
- In a nutshell they're looking for ethical licensed Mortgage Brokers (loan officers not licensed as a "broker" are unacceptable) who have at least 2 years experience in the industry. You cannot operate out of your home, you should have a clean criminal background, be financially sound, and have a personal satisfactory credit history (exceptions are approved with a suitable explanation).
With a 90% payout, as a 'Loan Officer Associate;' out of your location you will operate a service for out of your own State potential borrowers to provide them with the ability to qualify for various mortgage products, including, but not limited to, first mortgage loans, refinance loans, home equity loans, lines of credit, or others loan types which may be offered from time to time, by the following participating wholesale funding source/investors - similarly to how you do it right now! Loans included shall be loans originated for the institution in these away States, all the while maintaining your independence (company name, website name, etc.) for loans originated and brokered by you within your own individually licensed State.
Wholesale Funding Sources/Investors (as of Nov 1, 2009) more added frequently
- AMX
- Astoria
- Bank of America
- Bridgelock Capital
- CitiMortgage Co
- Crescent Mortgage
- Direct Mortgage
- Eastern Savings
- Emigrant Mortgage
- Everbank
- Farm Credit Services
| - FHA Advisor Program
- Fifth Third Bank
- Global Lending
- Flagstar Bank
- Franklin American
- Freedom Mortgage
- Global Lending Group
- ICON Res Capital
- Luxury Mortgage
- M and I Home Lending
- M & T Bank
| - MetLife
- Plaza Home Mortgage
- Premier Nationwide
- PRMG
- Provident Funding
- Rural Development
- Sovereign Bank
- Stearns Lending
- US Bank Portfolio
- VA Loans
- Wells Fargo
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Operating States (ALL States and US Territories)
Want an application package? If this all sounds pretty good to you, and you've completed your research and are finally ready to get started, to receive an application and the complete approval package, to include the Agreement, etc. and all the other paperwork from the folks known for being the 'fastest pay-outs in the industry.' Please click HERE and be prepared to pay our one time $195 application fee. We'll get everything out to you! Approval takes 72 hours.
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