Topic: Revenue Share Offered By Lenders
-
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?