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kimvyoung

13 Posts

Posted - 05/29/2008 :  5:00:30 PM
SPENDING TOO MUCH TIME TRAINING YOUR IN-HOUSE PROCESSOR?
PROCESSING YOUR OWN LOANS?
NOT ENOUGH TIME TO ORIGINATE NEW LOANS?

THINK ABOUT THIS…..
SOME BASIC MATH:
AVERAGE IN-HOUSE PROCESSOR SALARY:
$35,000 PER YEAR
$500.00 average processing fee
+ Employee insurance coverage
+ Workman’s comp costs
+ Use of office supplies
= An average of over 6 loans per month needed to close to pay an in house processor.
Salaried employees will get paid whether the loan closes or not!



THINK ABOUT THIS…

ELITE CHOICE PROCESSING

EXPERIENCE KNOWLEDGE DETERMINATION

WE DON’T GET PAID UNLESS YOU DO!

OUR PROMISE TO YOU:

We service all types of loans: FHA, VA & CONVENTIONAL (CONF & NON-CONF)
Open lines of communication at all times.
To submit to underwriting within 24 hours from receipt of complete file.
To keep you aware of alternate programs to help with tough cases.
To ensure smooth closings every time.
To help maximize your profit.

Over 15 years experience

FHA LOAN SPECIALISTS

CALL US TODAY!!
(619) 456-3447 (OFFICE) (619) 441-9771 (FAX)
This User is a Premium Member, Click Here to Learn More!
hpmfinancial

1842 Posts

Posted - 06/01/2008 :  3:46:58 PM
What is your per file fee?
kimvyoung

13 Posts

Posted - 06/01/2008 :  3:53:10 PM
My Per File fee is $395.00 for 1st mortgage liens. $50.00 additional fee for piggybacks.
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