This year, 2010 is the deadline for all states to become part of the National Mortgage Licensing system (NMLS).
Net Branch Managers should full understand the new rules and how they may change the way you operate your branch and how you hire new loan officers.
Many loan originators under their current state banking laws do not [...]

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 [...]

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 [...]

In the last post we covered broker vs. lender for FHA loans.

Now let’s take a look at the next items on the list of important criteria you should consider if you are considering a net branch opportunity and intend to originate FHA loans.

FHA originated using the corporate address or the branches?
Corporate processing of FHA loans [...]

In the previous post we looked at the common questions everyone asks.
“What are your net branch fees and how long will it take to get approved?”
I speak to people everyday that are looking for a mortgage branch partnership. Many times the key questions are not asked.
The questions that I think are important to ask [...]