Mortgage Discussion - Florida broker looking for multi-state company

Author

Florida broker looking for multi-state company

Frank S. Fischer

2005-06-17, 11:27 pm

I'm a licensed mortgage broker in Florida and I'm looking to originate out
of state loans as well as Florida loans. I'm also looking to work from my
home office. Is anyone aware of a company out there that meets the following
criteria:

100% commission with very reasonable per-loan fees
Close to 100% commission with no or small fees
Licensed in all/most states (important)
Does business with major lenders
No sign-on fees to start up

I can process my own loans, or not if required

thanks,

Frank

Mark Ramirez

2005-06-17, 11:27 pm

Frank,

We are a Mortgage Banker in California that is licensed in multiple
states, Florida being one of them. Are you interested in being a
retail loan officer? We have an in-house retail division that offers
90% commission, which you may not be able to be until we develop our
Remote Retail Loan Officer program. One option you have is to become a
branch office, in which you would keep 100% of your commissions, and
not have to disclose your YSP, which, i assume, is what you are after.
We are currently licensed in at least 30 of the 50 states and quickly
adding more. We do business with over 20 investors currently. Do you
primarily do A paper, Alt-A, or SubPrime business?

Let me know, thank.

Mark Ramirez
Regional Account Executive
NationsFirst Lending
www.nationsfirst.com

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