[1003s.com]

Too__ Good__ to__ be__ True!

If you are looking for an opportunity that is too good to be true, keep looking!

I don't have it for you. We recruit now for many net branch companies

There pro and cons to each opportunity and no one opportunity is best for

everyone. Heck maybe you should not be a net branch at all.

I can think of as many reasons not

to net branch, as I can to net branch. At the end

of the day, it all boils down to your own unique

set of circumstances, that may not be the same, in

some significant ways a year from now. So while, a

net branch, might not be a good fit for you now, it

could be 12 months from now


In any case if you think a net branch or an off site LO opportunity might make sense

Take a look at the list.



Opportunity #1

No Set Up Fee, $500 – flat fee per file no monthly fee.

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.

This program has a great technology platform.

Pick your own LOS.

CA,CO,FL,IA,IL,IN,KS,MI,MO,NM,TX,WA

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Opportunity #2)


$500- flat fee per file no set up fee

CA,OH,Il,FL,NJ,PA,WI,MI,IN,TN,SC,MO,MN,CO,NY


Conventional, FHA, VA

It is your choice you can either close loans A-C 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-$300 - varies with volume.

If you want to banker your loans, the padding is real thin.
We are not recruiting branches located in NY for this
program.
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Opportunity #3

$495- per file on loans in your home state.
AK,AZ,,CA,CO,,FL,HI,ID,IN,IL,MD,MO,NM,NC,NV,OR,TN, TX,UT,VA,WA,WY

More states are pending.

No Monthly fee

No Set up Fee
1099 where allowed

CONV loan fees can be paid to a registered DBA.


CONV, FHA

In some cases branches could be paid on a DBA

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Opportunity #4

$750 Flat fee per file / No Set up fee

AK,CO,CT,FL,IN,KY,MA,NJ,NY,OR,PA

More state are pending

CONV, FHA, VA,

Broker all your loans or banker your choice.

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Opportunity #5


This is a good opportunity for someone who wants to banker most of their loans.
The branches get 100% of the rate sheet price with no fee per file or per month
Branches are able to broker out loans however this program is really not geared for that. They offer marketing support and the strength of a company that has been around a long time.

AL,AK,AZ,AR,CA,CO,CT,FL,GA,HI,IN,KS,KY,MD,MI,MN,MS ,MO,MT,NV,NM,NC,OH,OK,SC,TX,VA,WI,WY

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Opportunity #6
This is not a net branch opportunity, this is for offsite loan officers
Wishing to be license exempt in the following states,

AL,CO,DE,FL,GA,IA,IL,IN,KY,LA,MI,MO,MS,MN,NE,NC,NV ,OH,OR,SC,SD,TX,VA,WA

CONV and FHA loans.

No licensing or REG Requirements.
No Padded Rates / All loans are brokered
Quality control is solid
70% commission with no subtraction for
the employers part of the FICA, FUTA, SUTA, and
Workmens COMP. No Charge for credit pulls- subject
to change or limitations. Set up is fast and Cheap.
No Monthly Charges.
The down side:
Per file costs run higher than any other opportunity
We recruit for.
LO’s are not allowed to process their own loans.
Every 1st mtg file has a processing and Admin fee of $1180-

on top of that lenders are still going to want their
$500-$800 fee- whatever they charge.
This program make sense only for
LO’s doing loans with a MIN of $3000-$4000- in fees.

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Opportunity #7

This is a great program for branches that go through production swings,

Fee is $395- per file for the 1st 4 files per month.

Plus 8% of commission

8% is the only fee on files 5 and up
CA, FL, VA, MD, GA, CO, MI, MN, MA, NM and CT


All loans are brokered / No Padded rate pressure here

The lender list is very long.

Payroll is direct deposit every Friday.

They have more staff at corporate to help LO's deal with lenders than many other
net branches.

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Opportunity #8

450 per mo flat fee.

$300 per closed file.



Option (2)
$1548 per month flat fee includes branch E&O insurance.

Branches must Encompass or pay a $40- fee per file for data entry.

Alabama, Colorado, Connecticut,Florida, Georgia, Illinois, Indiana,

Kentucky, Louisiana, Missouri, Mississippi,New Mexico, North Carolina

South Carolina, Texas, Tennessee

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Opportunity #9


Hybrid Monthy fee and fee per file. This is for small offices only 1-15 Loan officers.

Monthly Fee $1000- per file fee $60-

All loans are brokered on this program. No Padded Rates.

AK,CA, CT, FL, GA, KN, IL, IN, MI, TN , OR, WA,


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Opportunity #10


NJ, PA more states pending in that region.

A PLN Preferred lender network

This works like a health insurance PP0 if you stay in net work (with the lender) your per

file fees are lower than if you go out of network.

Costs Per file: $430- in network

$630- out of network


Another neat twist to this opportunity,

it is the only opportunity I know of that pays part of the branch managers health

insurance costs. They pay 30% of the branch manager’s health insurance premiums

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Opportunity #11

For offsite LO’s
$790 Per File includes Processing as LO's working
from home are not allowed to process their own files.

Monthly fee is $225
Everyone is W2 and they take out a 15% ADMIN fee to cover employers
FICA Costs.

AK,CA,CO,CT,FL,MA,ME,MD,MN,NJ,NY, PA,VA,WY
This program has a company credit account option subject to

qualification branches can pay expenses with pretax dollars.


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Opportunity #12


This Opportunity is cost effective and does not require the branch manager to have good credit.

$ 150 monthly fee and $500 per file.



IL,IN,MI,FL

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Opportunity #13

You get what you pay for.
Monthly Fee $300- per file fee $60-

This is an opportunity for those more concerned about costs.
LO’s do most everything with the company online.
AK,CA, CT, FL, GA, KN, IL, IN, MI, TN , OR, WA,

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Opportunity #14
$295 flat fee per file, office must be B&M
mothly fee $225-

15% Admin fee 15% more than covers employers payroll tax.

AK,CA,CO,CT,FL,MA,ME,MD,MN,NJ,NY, PA,VA,WY


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Opportunity #15
1099 only

FL,CO
FL, LO’s licensed only.
80% with a fee of $450 per file, work from home LO’s can process their own loans and have bad credit.