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Poll :: Do you think having dedicated underwriting will give you an advantage against your competition?

yes
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no
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I have in house underwriting currently
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bulldawg123
Flash in the pan


Joined: 07 Jan 2009
Posts: 95
Location: Atlanta, GA

Great Net Branch Opportunity
PostPosted: Fri Dec 24, 2010 7:38 pm Reply with quoteBack to top

We are a nationwide staffing firm with an exciting new branch program that is now available. Full Eagle direct lender licensed in 22 states and growing looking for established branch locations that want stability, better pricing, larger warehouse line, and faster closings.

100% commission minus a $395 file fee
Top Tier Pricing due to the banks large funding volume
Currently has 21 branches with more on the way
$795 U/W fee includes 12 other fees bundled in usually found on hud1
You may use your own processers or theirs
24-48 hour turn times in underwriting
If you close 10mil a month in volume they will do a flat monthly fee of $1695 for unlimited files
8 underwriters, 2 underwriters just handling conditions, and 4 branch support personnel
Most loan programs closed in house fast and with no ysp disclosure-FHA,VA,CONV,JUMBO,USDA,203K, and REVERSES
- Benefits available including medical and 401k.
-This opportunity is for seasoned loan officers and branches only.
-Must have a commercial location.


Here is pricing for 01/18/2011

FHA


4.250 100.397
4.500 101.456
4.750 103.547


CONV

4.625 100.249
4.875 102.281
5.125 103.043

Please feel free to call or email me with any questions.



Glenn Radford
Onyx Staffing LLC
Mortgage Division Manager
(404)427-6842
gradford AT onyxstaffing dot com
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