FHA Neighborhood Watch Can Affect Your  Net Branch What is it? What is your number (Compare Ratio)? Why is it important? If your branch has poor numbers in Neighborhood Watch  you could lose the ability to originate FHA loans. The Neighborhood Watch System is a web-based software application that displays loan performance data for lenders [...]

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 [...]

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 [...]

OK you have decided that you are going to focus on FHA and to do that you are going to join a net branch company. Are they all the same? Is FHA the same everywhere? That’s an easy one to answer. No! Here are some of the key differences that you should understand when choosing [...]

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 [...]