Loan Officer Gustan Cho
Loan OfficerForum Replies Created
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I think it makes a lot of sense
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Contact Marine Credit Union. Troy Fredrick a senior personal banker and hands down goes above and beyond to help you. Troy Fredrick can help get your credit rebuilder programs.
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Megan, I have many friends and associates who work at other mortgage companies and often come to me for information on loan programs or career tips. One of the questions I am getting the past several weeks is wil Motto Mortgage require franchisee owners originate loans in all the states Motto Mortgage is licensed in or are they tied to a certain territory. From my understanding, Motto Mortgage charges a franchise fee of $35,000. Then the franchise fee is $5,000 per month after six months. The first six months is a graduated fee. Other FAQ questions on my inbox is the following:
1. Out of the maximum total broker yield spread premium of 2.75% per file or a YSP borrower paid compensation, what percentage does Motto Mortgage Corporate take, what percentage does the branch get, and what compensensation plan is recommended for loan officers.
2. Is a brick a mortar required or is the loan officer franchiser owner rent a space with an existing REMax officer.
3. Does the franchise owner Motto Mortgage branch manager required to get licensed as a real estate agent for ReMax?
4. Does ReMax real estate agents refer leads to the franchised Motto Branch and how much does that cost.
5. Do you need to have experience in the mortgage business as a loan officer or branch manager to buy a Motto Mortgage branch.
6. Is there a minimum past production number for Motto Mortgage Branch buyers or can non–producers buy a Motto Mortgage Branch.
7. If things do not work out, does the franchise buyer get a refund of the franchise fee?
8. If the Motto Mortgage franchise owner want to originate in all 50 states, can the Motto Mortgage franchise owner be able to as long as the loan officer is licensed in the respective stats?
7. If the Motto Mortgage Branch franchise owner wants to hire a lot of loan officers and processors for his or her mortgage branch, is the franchise owner allowed to.
8. Can a franchise owner have multiple regional offices? How does that work.
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I got an invitation from Hard Money Master Minds as well. Too a brief look at this and you can be a free member or paid member
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I have two Discover credit cards. One for $8,500 and the second one for $800.00. I paid off my balance to zero and Discover lowered my $8,500 Discover credit card balance from $8,500 to $500. I was never late and have been using it regularly for the past four years. This credit card limit decrease happen last month. Yesterday I get a email alert from PayPal credit card stating from $3,600 Master Card limit has been decreased. My PayPal Mastercard credit limit was increased last month from $1,800 to $3,600. Now PayPal Mastercard is saying they are decreasing the credit card limit. I don’t know what they lowered it to but will keep you posted. Never late and always paid on time
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I will have my Associate Bill Burger-King to answer this question Lisa Marie Jones
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Bill Burger-King, any advice on market price on a 30 foot power boat
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We now have our first President with Dementia
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So it’s been facted checked. Biden is senile
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