Value to You:

♦ Reliable administrative support to assist mortgage agents with document management and compliance

♦ Increased efficiency and productivity allowing agents to spend more time with new prospects

♦ “Hands off” approach once commitment is received allowing more time to be spent on building business

♦ Overall improved work flow and productivity

♦ Increased number of accurate, compliant files submitted in a timely manner

♦ Decrease in delays for mortgage agent payment for completed mortgage files

Investment

 

Compensation Structures

Dedicated* underwriting Structure. - Option A

Option 1- 70/30 Split and all services are included.

Option 2 - Remain at current split and the following will apply on all deals

 *Dedicated means agent will send all deals including all pre-approvals . Comp fees only paid out on closed deals

• Underwriting submission; Deal Fulfillment and Compliance- $425 ( up to 3 rental property max; Add $25 per additional Property)
• Underwrite for Submission only $100 ( up to 3 rental property max; Add $25 per additional Property)
• Deal Fulfillment and Compliance - $325
• Compliance only - $75

 

Non-Dedicated* underwriting pay per deal structure. - Option B

Agents not committed to using underwriting for all deals.

• Underwriting submission; Deal Fulfillment and Compliance- $600  (up to 3 rental property max; Add $40 per additional Property)
• Underwriting for Submission only -$225 ( up to 3 rental property max; Add $40 per additional Property)
• Deal Fulfillment and Compliance - $425
• Compliance only - $75

Note agents will be charged and underwriter to be paid on cancelled deals $75 Underwritten Pre approvals are $75

 

Dedicated Agent Flat fee for service - Option C

Agents who wish to adopt your services as part of their team may choose to negotiate a monthly flat fee service.  This will vary in accordance to agent volume and will be negotiated independently.  For example… estimated 10 hours per week average @$35 per hour.  $350 per week ($9100 annually)