[Gustan Cho]

Here is another blog about Puerto Rico

https://www.gcamortgage.com/buying-a-house-in-puerto-rico/

gcamortgage.com

Buying a House in Puerto Rico With a U.S. Mortgage Lender

Buying a house in Puerto Rico with mortgage lenders based in the United States is possible. Very few lenders in the U.S. are licensed in Puerto Rico

[Gustan Cho]

Here is a blog written by Sarah Wu about buying oceanfront homes in Puerto Rico

https://gustancho.com/oceanfront-homes-in-puerto-rico/

gustancho.com

Investing Oceanfront Homes in Puerto Rico

Oceanfront homes in Puerto Rico is becoming more in demand. Americans are flocking to Puerto Rico to retire and buy second homes due to no tax

[Gustan Cho]

I will get the rule on this and post it here. It works.

[Gustan Cho]

Puerto Rico’s no federal taxes

Need to know more details about this matter.

[Gustan Cho]

Here is the NEXA Revenue Share blog https://gustancho.com/mlo-revenue-share-residual-income/

• This reply was modified 1 year, 6 months ago by  Gustan Cho.

gustancho.com

MLO Revenue Share Residual Income For Loan Officers

Loan officers at Gustan Cho Associates will have the opportunity to participate in the MLO Revenue Share Residual Income, up to $3 million down.

[Gustan Cho]

Here is the career opportunity blog on http://www.gustancho.com

https://gustancho.com/remote-mlo-career-opportunities/

gustancho.com

Remote Mortgage Loan Officer Career Opportunities

Gustan Cho Associates has remote mortgage loan officer career opportunities for branch assigned loan officers and independent branch managers

[Gustan Cho]

So every time a recruit closes a loan, you get $999 and your upline gets $500 per loan? I don’t think there’s enough money to spread out.

[Gustan Cho]

More and more mortgage loan applicants have late payments in the past 12 months than ever. I have never seen so many late payments in the past 12 months of borrowers in my entire mortgage career than now. Is it inflation? Is it high rates? Is it skyrocketing housing prices? Or is it that we are going to have another Great Reset like the Recession of 2008. It was more like the Great Depression of 2008 than the Great Recession of 2008. I can bet anything we are going to have a collapse of mortgage rates. Housing prices need to correct about 30%. Home prices are overly inflated.

[Gustan Cho]

Edge Home Loans offers $500 per recruit, from what I heard. I think it is a one-time deal only. Do you know anything about it? I think CEO Kortas was the first person to start the Revenue Share program, and others imitated it. Loan officers work their asses off to get one deal done to get paid a one time commission is human abuse. Like insurance agents, there has to be a change in the industry where loan officers get residual income on the interest lenders make while the lender is servicing the loan. If insurance companies do it, why can’t mortgage companies?