1099 vs W-2

Finding the best mortgage net branches

Jul 21st, 2008 | By NetOriginator | Category: 1099 vs W-2, mortgage net branch

Finding mortgage net branch companies is easy, locating the best net branch companies is not so easy!
A search for “net branch” on Yahoo lists 126,000,000 results. Most people do not go past the 1st 2-3 pages of results. With 10 results per page that 20 - 30 listing to review for information. That’s almost information [...]



Originate in other states - part 2

Apr 17th, 2008 | By NetOriginator | Category: 1099 vs W-2, all state lending

In the first post on this topic I mentioned that some net branch companies are promoting a system where you can get around the “other” states licensing requirements to originate and still get paid.
I learned about this from a prospective branch manager when I asked if she was considering other companies. I asked what is [...]



1099 vs W-2 employee for a mortgage net branch

Apr 1st, 2008 | By NetOriginator | Category: 1099 vs W-2, IRS, mortgage jobs, mortgage net branch, net branch manager, net branch pay

This is a very important topic that many net branch companies do not want to address.
Q. Can you work for a mortgage net branch company and be paid all or part of your income as a 1099 contractor?
(There are many companies telling prospective branch managers that this is OK - legal - [...]