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md21146

18 Posts

Posted - 06/02/2008 :  4:24:52 PM
I am looking into net branching opportunities that provide national lending opportunity for fha and conventional lending - preferably a federally chartered bank operation. Any input?
DINEROS

1009 Posts

Posted - 06/02/2008 :  4:34:06 PM
I see this same request so often here. I recommend a "site search". See top right corner. Hope you find what you need.
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1003s.com

3022 Posts

Posted - 06/02/2008 :  5:36:03 PM
quote:
Originally posted by md21146

I am looking into net branching opportunities that provide national lending opportunity for fha and conventional lending - preferably a federally chartered bank operation. Any input?



Mary,

Opportunity #2 below covers MD, and a good option for FHA, though it is not a FED

Charter.

Opportunity #2)


$500- flat fee per file no set up fee

AZ,CA,CO,FL,IL,IN,ID,LA,MA,MI,MD,MO,MO,MN,NC,NM,NY,NJ,OH,OR,PA,SC,TN,UT,VA,
WA,WI,WY

OH,IN,NJ=Banker only

SC First MTG only.

Licenses Pending: AL,,NV,

(This company will consider going into any other state
where someone wants to open a commercial branch office.)

Conventional, FHA, VA

It is your choice you can either close loans on

the banker side or broker out your entire pipeline.

Branches must close a MIN of 2-3 files per month.

Monthly E&O fee $100-$300 - varies with volume.

If you like to banker loans,

they have open book pricing with:
GMAC
AM Trust
City Mortgage
NATL City Mortgage

Branch managers last 2 years w2’s should average a MIN of 50K

Stable Employment history required.

Good Credit Required

Bricks and sticks required for,NC,IL,MD, NY,and AZ,branches.


AZ,CA, NC,NY, branches must close a MIN of 10 files per month.

NY, & NC COMP plan varies from above, call for details.

______________________


Pease note: I do have a FED Charter opportunity,

however, it _not been very easy to qualify

branches for it. You are welcome to give a call, on it though,

as I would be happy to go over their long list of requirements with you.
velecico

3200 Posts

Posted - 06/02/2008 :  5:44:05 PM

what is your branch YTD production ?
renash

54 Posts

Posted - 06/03/2008 :  07:11:02 AM
Check your email.
JTHOMPSON261

70 Posts

Posted - 06/17/2008 :  1:49:43 PM
I can offer you 47 states..FHA..150+ Lenders..you do your own processing...NO monthly..
$450 per file..same day payroll.....small 395$ recruiting/processing fee only..set up in 48 hrs. (Residential)

For more information call John at 888-538-1117 or email: commercial-loan@tampabay.rr.com
CoolMtgGuy

1951 Posts

Posted - 06/18/2008 :  06:05:07 AM
Here comes this clown again. Has refused to answer a couple of simple question that I posted in response to his dozen or so spam posts. Just be aware of calling this clown until more info is posted publicly. Scum of the industry is what it is starting to look like. I'm betting he can't deliver squat.


quote:
Originally posted by JTHOMPSON261

I can offer you 47 states..FHA..150+ Lenders..you do your own processing...NO monthly..
$450 per file..same day payroll.....small 395$ recruiting/processing fee only..set up in 48 hrs. (Residential)

For more information call John at 888-538-1117 or email: commercial-loan@tampabay.rr.com

homebroker@sbcgl

2055 Posts

Posted - 06/18/2008 :  08:00:53 AM
Broker or Bank? Padded rates? Give a little more details...

quote:
Originally posted by JTHOMPSON261

I can offer you 47 states..FHA..150+ Lenders..you do your own processing...NO monthly..
$450 per file..same day payroll.....small 395$ recruiting/processing fee only..set up in 48 hrs. (Residential)

For more information call John at 888-538-1117 or email: commercial-loan@tampabay.rr.com

NetBranchSite

10 Posts

Posted - 06/20/2008 :  05:30:11 AM
www.netbranchsite.com shows quite a few net branching companies that fit your needs. Features, highlights, and direct contact information

good luck
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