| Topic: | LO and Branch manager employment | TP-996 | ||
| Keyword: | Employment | |||
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| 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 with: Taylor, Bean & Whitaker Flagstar 1st Advantage Mortage / fka :DK Funding SunTrust FHA Approved with : American Financial Resources American Southwest Mortgage Corp Assurity Financial Birmingham Bancorp Mortgage Corp Classic Home Financial EverBank First Guaranty Mortgage Corp Florida Capital Bank Mortgage Liberty Mortgage Nations Direct Mortgage PMAC Plaza Home Mortgage, Inc. Polaris Home Funding Corporation ReverseIt Senderra Sun West Mortgage Company, Inc Universal Mortgage Corporation 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, CO, FL, IA, IL, IN, KS, MI, MO, NE, NM, OK, SC, TN, TX, WI States where 1099 is an option =WA, KS, MO, Branches can use a registered DBA with this program in all states except, IA, IL, NE, SC 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 AL, CA, CO, FL, IA, IL, IN, ID, LA, MD, MO, NE, MN, NM, NJ, OH, OR, PA, TN, VA, WA, WI, WY 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- Branch managers last 2 years w2’s should average a MIN of 50K Stable Employment history required. Good Credit Required No new branches are being recruited in: CA, MD, or IL ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ Opportunity #3 DE, FL, GA, IL, KY, MA, ME, MO, MD, MI, NM, NJ, NH, PA, RI, SC, TN, VA, VT, This opportunity is geared for branches that close 10 plus loans per Month. All loans are bankered. note: this opportunity does note cover Reverse Mortgage loans. Hiring in MD, NJ, PA ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ __ Opportunity #4 $495- per file plus / 149 per mo accounting fee /MIN 1 file per month Or $1495- Flat Monthly fee, monthly accounting fee of $149 = 1644 Branches can switch between options with 30 days notice. 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 WA, 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 only opportunity ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ _ Opportunity #6 Licensed in : LA, and MS CONV, FHA VA, For LO's: $800- Flat fee per file, includes processing. All loans are brokered, no padded rates. For commercial branch office locations: $1200 flat fee per month Up to 15 closed files per month and $100 for each file over 15 per month. branches with-out their own “approved processor”, will pay $350- per file for corporate office processing. A potential approved processor would be an experienced processor, that is __not an LO and is a w2 employee of the company working at the branch location. IE, ___not a contract loan processor. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ __ Opportunity #7 Off Site LO’s $500- flat fee per file no set up fee Plus $575- for required corporate office processing. Licensed in the following states: AL, AZ, CA, CO, FL, IL, IN, ID, LA, MA, MD, MO, MN, NM, NY, NJ, OH, OR, PA, SC, TN, UT, VA, WA, WI However, : No Offisite LO’s will be hired living within the borders of the following states: CA Conventional, FHA, VA It is your choice you can either close loans on the banker side or broker out your entire pipeline. Monthly E&O fee $100- If you like to banker loans, they have open book pricing with: AM Trust City Mortgage Flagstar Income Requirements: LO’s should be able to prove prior income Average over 50K for past 2 tax years. Stable Employment history required. Good Credit and liquid assets required. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ Opportunity #8 Work From Home Loan originator program: No licensing or REG Requirements In the following states: AK, AL, AR, CA, CO, DE, FL, GA, IL, IN, IA, KY, LA, MI, MN, MS, MO, NE, NV, NC, OH, OR, PA, SC, SD, TX, VA, WI**, MA (Pending) ** WI is the only state that requires Loan Originator to be licensed in WI to originate. The employer is not hiring CA residents at this time. FHA Approved (Over 20 FHA Lenders) // VA Approved // Reverse Mortgages No start-costs for Originators, Approval Process : 24-48 Hrs **** No Hidden Fees or Padded Rates (True Investor Rate Sheet Pricing) **** Commissions (All Origination, YSP/SRP - $695 Administration Fee -$450 Processing & -35 Courier Fees Monthly Fee $500, 10% ADMIN fee and no subtraction for employers part of the FICA, FUTA, SUTA, and Workmens COMP.) Aggressive Team Building Structure (Earn Overrides) Realtor Program (Hire Realtors as Jr. Loan Officers) SB1167 Exempt (IL Exemption Certificate) ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ Opportunity #9 Work From Home Loan originator program: No licensing or REG Requirements In the following states: AK, AL, AR, CA, CO, DE, FL, GA, IL, IN, IA, KY, LA, MI, MN, MS, MO, NE, NV, NC, OH, OR, PA, SC, SD, TX, VA, WI**, MA (Pending) ** WI is the only state that requires Loan Originator to be licensed in WI to originate. The employer is not hiring CA residents at this time. FHA Approved (Over 20 FHA Lenders) // VA Approved // Reverse Mortgages No start-costs for Originators, Approval Process : 24-48 Hrs **** No Hidden Fees or Padded Rates (True Investor Rate Sheet Pricing) **** Commissions (75% All Origination, YSP/SRP - $695 Administration Fee -$450 Processing & -35 Courier Fees No subtraction for employers part of the FICA, FUTA, SUTA, and Workmens COMP.) Aggressive Team Building Structure (Earn Overrides) Realtor Program (Hire Realtors as Jr. Loan Officers) SB1167 Exempt (IL Exemption Certificate) ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ Opportunity #10 AL, TX, TN This is a banking only opportunity, LO's can work from home, some experience is required. They have a leads program for offsite LO's. All normal loan products CONV FHA, VA, ETC. Because this employer is willing willing to provide leads and training opportunities ETC, they do require their LO's to close loans on a regular basis, they are not looking for the LO that only wants to close one loan a month. ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ __ We recruit for several quality branch providers. Call Bob 630-724-1470 Email: bob@1003s.com http://www.1003s.com 1003s.com Corporation EOE 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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