Net Branch Substitutes: Mortgage Brokers Can Easily Do Business In Other States
Tuesday, January 3rd, 2006Mortgage brokers seeking to lend in other states will usually encounter a myriad of expenses, government expenses, and fees that can run into the tens of thousands of dollars. Net branches allow mortgage brokers to ride on the back of a large corporation that already has the licensing at the expense of losing their identities and having to follow someone else’s rules.