Mortgage Net Branch Opportunities
Many Mortgage Net Branch Opportunities exist today.
You'll want to use the ideal one for your goals and
tasks. Many Net Branch programs require a fixed monthly
fee, where as others offer just charge a fee per loan
you originate (similar to an extra origination or processing
fee added, but charged as a mortgage net branch lending
fee). Generally whomever you used, will clarify how much
the fee would be (many are extremely fair/reasonable) and where
this fee can be added on the Good Faith Estimate and/or
Settlement Statement. Many times there simply added as a
Processing Fee, others as a lender Origination Fee, others
require specific verbage, which may differ based upon the state
you are operating in.
Mortgage Net Branch Opportunities are huge, when you
consider the lower start up costs and what you can do under
their licensing. Many times you can use your own business
name and still operate under their licensing, via a dba
(Doing Business As) type of arrangement.
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