Forum Replies Created

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    Lisa Jones

    Member
    February 19, 2024 at 9:30 pm in reply to: How Is Working For an FDIC BANK as an MLO Like

    I am a licensed real estate broker in three states and a real estate agent is five states and am studying for my mortgage loan originator NMLS license. I have referrals for loan officer referral partners but do not make any referral fees. Can I become a loan officer for an FDIC bank without mortgage loan orignation license and be registered in 50 states without paying each state licensing fees? I have originated loan prior to the 2008 financial crisis but we did not need to have NMLS license during the era I originated loans. I am familiar in most aspects of originating loans from government-backed loans to conventional and nonprime loans.

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    Lisa Jones

    Member
    February 10, 2024 at 9:38 am in reply to: Ever wanted to own you own mortgage brokerage??

    Bill would you mind explaining the difference between AXEN and NEXA Mortgage

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    Lisa Jones

    Member
    February 10, 2024 at 9:36 am in reply to: Ever wanted to own you own mortgage brokerage??

    Thank you for the prompt response Bill. I am going to pick on your allegiant and knowledgeable expertise in the real estate industry if you can be nice and share your knowledge. First, many real estate companies are getting into the mortgage business. Compass Mortgage, Keller Williams, Fathom Realty and ibam sure dozens of other firms Are all taking a bath or are they profitable? How are they able to recruit with a potential conflict being a realtor and loan officer? Is Motto Mortgage the only lender with the franchise model? Are these realty owned subsidiary lenders mortgage brokers or mortgage lenders. Have you hear or know about Edge Mortgage, Barrett Financial, C2 Mortgage? Are these companies brokers or lenders? Respectfully thank you in advance

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    Lisa Jones

    Member
    January 27, 2024 at 11:53 pm in reply to: Ever wanted to own you own mortgage brokerage??

    Thank you for sharing your information. I heard of Motto Mortgage. Actually, Gustan asked me if I knew about Motto and how it worked. I know everyone has their own perks and not each company is perfect for each individual. I am a realtor but getting my NMLS LICENSE once I pass the exam. Thank you.

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    Lisa Jones

    Member
    December 24, 2023 at 7:19 pm in reply to: Colorado Supreme Court Justice Monica Marquez Arrested

    This report states the Colorado Supreme Court Justice Monica Marquez arrested for treason.

    https://apnews.com/article/fact-check-colorado-supreme-court-justice-marines-arrested-000267638437

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    Lisa Jones

    Member
    December 23, 2023 at 12:52 am in reply to: Joe Biden a Great President

    Joe Biden is not a clone. Conspiracy theories about political figures being clones or impostors are not based on credible evidence and are typically unfounded. Joe Biden is a real person who has been involved in American politics for several decades. He served as Vice President under President Barack Obama from 2009 to 2017 and was elected as the 46th President of the United States in the 2020 election. It’s important to rely on reputable sources and factual information when discussing political figures and to be cautious of misinformation and conspiracy theories.

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    Lisa Jones

    Member
    December 23, 2023 at 12:08 am in reply to: NMLS SCHOOL

    I highly recommend Angie Crippen of OnCourse Learning Mortgage School. The best of the best. Angie is based from Toledo Ohio and has always returned called and text messages within minutes. Gustan Cho Associates referred me to Angie Crippen.

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    Lisa Jones

    Member
    December 16, 2023 at 3:36 pm in reply to: NEXA MORTGAGE REVENUE SHARE

    Just in general, John. Are you guaranteed residual income from loan officers you recruit on all of their productions? Does it work like insurance agents getting residual income? If it sounds too good to be true, it normally is. Never heard of NEXA Mortgage revenue share program. I am a real estate broker but my husband is a loan officer and runs a P and L branch of American PACIFIC Mortgage and we were both scratching our heads.

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    Lisa Jones

    Member
    November 11, 2023 at 6:29 pm in reply to: What Are Second Homes

    Second homes are very popular when the economy is strong.

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