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MyMortgageNavigator.com
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How to successfully apply
for a mortgage net branch manager position.
Setting up a net branch means that you are applying to be hired
by a company as a manager.
As small independent shops are are forced to close or merge
with larger operations and FHA becomes more important you will
see it become harder and harder [More...] |
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Credit Repair and
Loan Modification – Good or Bad For Net Branch Loan
Officers?
I have noticed that there are several “side businesses”
trying to recruit loan officers.
By “side businesses” I mean companies that offer
services like credit repair or loan modification.
My in-box is full of offers and I see recruiting ads everywhere.
[More...]
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Why join a national mortgage
branch company for FHA?
Instead of joining a net branch company to originate FHA loan
wouldn’t it be better to get your own company approved
by HUD to originate FHA loans?
In most cases the answer is no.
Let’s look at some of the costs associated with any mortgage
company getting a HUD approval.
[More...]
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Net Branch Mortgage Broker
vs. Mortgage Lender – Which is Better?
If you are considering joining a net branch company one of the
biggest decisions you face is the lender vs. broker decision.
In the past the ability to be both a broker and a lender was
a valid option. Today although most companies still promote
the available option to be broker or lender – in today’s
reality that is not an option that is really available to you.
[More...]
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Why Virtual Mortgage
Net Branch?
A virtual net branch – web based loan origination system.
Is using a web based loan origination system really better that
a PC based system like Byte or Point?
[More...]
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Growing your net branch
business!
After becoming branch managers many successful loan officers
try to duplicate themselves by hiring more loan officers. It
is a logical step. But is it the right step?
The internal conversation usually goes something like this:
“If I can hire 3 loan officers and make an override on
their loan production, I can use that income to pay overhead
and I can keep more of the origination income from my personal
production.”
[More...]
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Net
Branch Manager Resources
Looking
for more net branch information?