| Author |
Previous Topic | Next Topic |
|
cbc58
25 Posts |
 Posted - 03/18/2008 : 12:43:57 PM
|
Launching a new marketing program designed to make properties more saleable. Not financing based.
Part of this program includes having a mortgage lender (LO) be part of a team to help close deals. These are primarily conforming purchase transactions. The cost to a mortgage lender to participate in this program is 12 basis points of the loan amount - only if a loan closes.
There is a small upfront charge ($52.00) for materials which are given to your best agents to help them generate sales, and you loans.
Please contact me through this board for info. Tks.
|
|
tei
39 Posts |
Posted - 03/18/2008 : 5:05:22 PM
|
| Did you check with RESPA? "12 basis point of the loan amount - only if a loan closes" is a very clear violation on the part of the LO/mortgage lender. In fact he can't offer or accept anything of value. |
|
|
tenbody
161 Posts |
Posted - 03/18/2008 : 5:13:36 PM
|
| Hey gang..I have an option if you are looking for leads!! Send me a quick email and I will send you the info..cost this is the part a lot of folks dance around here it is you own your local market which means you get all of them and advertising rights in your area we help get your name out there $250.00 per month..the price will be going up for new memebers soon but we are locking people in right now!!!!! |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
