Mortgage Broker Land
Net Branches | Wholesale Lenders | Lead Companies | Credit Companies | Trainers | Processors | Mortgage Brokers

Welcome to MortgageBrokerLand.com, an online community for the mortgage industry where you can join mortgage brokers, wholesale lenders, lead providers, and other industry professionals in discussions concerning today's mortgage business. To gain full access to MortgageBrokerLand.com you must register for a free account. As a registered member you will be able to:
  • Post loan scenarios for review by wholesale account executives and other mortgage brokers
  • Communicate privately with other members around the country
  • Establish your community reputation to take advantage of free offers from service providers
All this and more is available to you when you register for a free account. So sign up today!

If you have any problems with the registration process or your account login, please contact support.



Go Back   Mortgage Forums for Mortgage Brokers > Mortgage Business > Loan Scenarios and General Mortgage Talk
Reload this Page Dilemma!!!
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply
 
Thread Tools
  #1 (permalink)  
Old 12-19-2005, 01:58 PM
cassie701 cassie701 is offline
Window Cubicle
  
Join Date: Dec 2005
Posts: 87
cassie701 will become famous soon enough
Dilemma!!!
Hello everyone!

I am a virtual loan officer with a $440K purchase deal in Alabama. Problem...the company I work for is not licensed in Alabama

Solution...possible net branch opportunity or virtual loan officer position with a company that is licensed in most of the North/Southeast region.

Anyone suggestions would be great!

Here is the scenario:

$440K Loan Amount

100% financing

641/640 mid score both borrower & co borrower

Self employed

Full doc- using bank statements

O/O

ARM OR FIXED I/O
Last edited by cassie701; 12-19-2005 at 02:03 PM.
Reply With Quote
  #2 (permalink)  
Old 12-19-2005, 10:19 PM
macp's Avatar
macp macp is offline
Window Cubicle
  
Join Date: Dec 2005
Location: sd
Posts: 71
macp will become famous soon enough
Its not legal to co-broke a deal, if that is what your asking. I am in Phoenix and can point you in the right direction to get it done if you want. I also know of a place where you can trade leads for ones you can do.
Reply With Quote
  #3 (permalink)  
Old 12-19-2005, 10:25 PM
cassie701 cassie701 is offline
Window Cubicle
  
Join Date: Dec 2005
Posts: 87
cassie701 will become famous soon enough
Dilemma
I definitely do not want to co-broker! Trading leads would be great!!!
Reply With Quote
  #4 (permalink)  
Old 12-20-2005, 05:09 AM
Greg's Avatar
Greg Greg is offline
Super Moderator
  
  
Join Date: Dec 2005
Location: Chillicothe, Ohio
Posts: 2,165
Greg is a glorious beacon of lightGreg is a glorious beacon of lightGreg is a glorious beacon of light
Send a message via ICQ to Greg Send a message via AIM to Greg Send a message via MSN to Greg Send a message via Yahoo to Greg
No MLG lol mac. This is better for that. There is dust devils over there. Coming straight from the mod of it.
__________________
Greg Phillips
Manager
Fairfield Mortgage Company
Web : Home Forums Blog
Reply With Quote
Reply

« Eminent domain exploitation | Live Instant Message Scenario Help »
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT -7. The time now is 04:06 PM.

Contact Us - Mortgage Broker Land - Archive - Top

Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.0.0
© MortgageBrokerLand.com. All Rights Reserved. Terms of Service