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 [...]

Growing your net branch business.
Should you hire more loan officers or is there a better way?
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 [...]

Net Branch – How important is FHA?

Up until 18 months ago most people would have said – not so much!
Today it’s another story. With the Fed take over of Fannie and Freddie comes a very strict requirement for the two agencies to cut their portfolios by over 60%. This will mean less lending [...]

I have seen an increase in net branch recruiters working for affiliates of Federal Savings Banks stating that you can originate FHA loan nationwide from any location.
I have yet to see one of these banks named in any marketing information.
They use the F.S.B.’s exemption from state licensing laws as the basis for this ability.
It is [...]

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 – [...]