Becoming a Mortgage Branch is a big decision for both you and the mortgage company that you’re joining.
MTG021 one of the fastest growing lenders in the country. How did they accomplish this? By deciding that in the mortgage lending business there was a lot of old thinking and stale ideas. So they decided that what the industry needed was a breath of fresh air and a new, contemporary approach to providing branch opportunities. They offer a flat monthly fee of $495, instead of the norm flat fee per loan, like your other mortgage branch companies! If you’re interested in hearing more about their innovative approach to retail lending and want to be considered for one of their branch opportunities, Call Toll Free 1-888-589-7048 “ALL INQUIRES ARE KEPT DISCREET”!
MTG021 is an approved lender with the U.S. Department of Housing and Urban Development and an FHA Full Eagle lender headquartered in the north east. Currently licensed to sell loans in 38+ States with more on the way. The Company provides an expansive range of mortgage solutions and is an accredited member of the Better Business Bureau and a member of the Mortgage Bankers Association of America.
This Mortgage Net Branch Banker was established in 2005. Despite the recession they’ve grown their sales growth up 65% in the past three years. As you read this they are adding people and knocking down walls for new offices at our corporate headquarters in the North East. Ranked in Inc 5000 as one of the fastest growing mortgage lenders in the Country!
Gary Lacey CEO/President Mortgage Brokers Network, Lets be honest here, most mortgage net branch opportunities offer many of the same products and services. They are all regulated by the same laws. So what becomes the Tie-Breaker is how the mortgage branch company offering the opportunity conducts itself and how it treats its branches, employees and customers.
What separates this branch opportunity from the herd? Something they call “Semper Style”. It’s about being real. It’s about working hard and playing even harder. This “style” is an extension of their management philosophy that emphasizes “hiring the best and brightest while providing products and services that are best in class”. These are the words mortgage banker MTG021 lives by. They are their marching orders. They march to the beat of a different drummer. They refuse to wallow in mediocrity. they’re proud of who they are and what they do, yet humble in the recognition of all that they’ve accomplished.
Yes, MTG021 has got all the expected stuff!* No Start Up Cost!
All persons originating must be licensed with their State and registered with the National Mortgage Licensing System (NMLS). Depending upon state, loan processors may also be required to be licensed with the NMLS. |
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All Inquires Are Kept Confidential! |
It’s The Unexpected That Makes This Mortgage Net Branch Opportunity Different!
MTG021 offers everything everyone offers. But go beyond their products and services and you’ll quickly discover that MTG021 is very different. They have practices and processes in place that will make you a better branch manager, make mortgages painless, make your mortgage branch a better place to work for your employees and a better mortgage company for your customers as well.
Their decision to be different strikes a chord with many people. Your ultimate decision to become a branch manager with MTG021 comes down to your comfort level. Are you happy with the status quo? Do you believe in excessive customer service? Are you aggressive or passive? As you go through the various sites offering branch opportunities you’ll realize each has its own personality and tone.
In the case of MTG021, they are about as far from the status quo as they can be. They are rabid fans of customer service. They believe you need to be aggressive on your clients behalf, not aggressive towards them.
MTG021 lets you run your branch office as a true mortgage banker. Your satisfaction creates success for both you and them. But at MTG021 they are big fans of working hard and playing harder. For example the following is a small sample of what they mean when it comes to helping their branches and their employees combine work and play.
* Top producing branch managers receive free travel to industry events and conventions.
* Continual sales incentive programs for branch employees where they can win free travel to annual MTG021 Conference
* Senior managerial training to help inspire and motivate your key employees.
* Cross-company team challenges to build camaraderie across the entire branch system (example: New branches receive indoor basketball hoop and ball to practice before company wide competition at our annual conference.
* MTG021 provides continuous education, certification and compliance training for your employees.
* New branches are assigned a senior member from an existing branch for support and mentoring.
* MTG021 branches have a Branch Liaison that is a branch’s direct link to corporate.
As a special way to introduce you to MTG021, once you contact us and pass MTG021 initial screening you’ll be invited to come and meet them in person at their corporate headquarters. So what do you think? Ready to throw the status quo to the curb and get involved in the future of branches, not the past?
Normal Questions Ask About Mortgage Net Branch Opportunity MTG021
▶ Can I work from home instead of an outside office?
If you intend on generating FHA business, you must have a commercial space. In order to be competitive and most importantly have the ability to offer the best options to the client it is necessary to work out of a HUD compliant office. Site checks are required for all new Branch Managers to determine HUD compliance. ▶ Do I get to use any lender I want?
This mortgage company is a lender and will provide all the support you need to be competitive, close loans fast, and operate profitably. In the case of not being able to offer a specific solution you will have the ability to broker with one of their Portfolio Lenders. ▶ Do I have to check-in or report to anyone?
Yes. As a Branch Manager, you are required to attend a mandatory monthly conference call with the VP of Branch Operations.▶ Do I have to work only with company approved third-parties such as appraisers, credit companies, etc. or can I choose my own people to work with?
You must use their HVCC Appraisal Management Company and credit provider. These companies and their strong relationships with them will allow you to operate more efficiently. ▶ Do I have to close a certain number of loans per month?
No, there is no unit minimum. ▶ Are there any minimum commission amounts I must make on a loan or am I free to price the loan however I like it?
There is no minimum commission requirement, however let's not forget as a branch manager you will be expected to run a profitable branch. ▶ Do you have any career experience requirements or can I join with little or no mortgage experience?
As a Branch Manager, you will need to provide proof of at least 3 years continuous experience in originating residential mortgage loans along with demonstrated proof of FHA experience. All NMLS licenses will need to be in place and/or pending. Income verification and continuity will also be required for approval.▶ Are there any other business start-up costs I should know about? (such as background checks, credit review, etc. as a new hire).
No, there is no specific "start up" cost required. ▶ Will I be paid with a check or via direct deposit?
You have the option of either.▶ Do you pay a 1099 or W2?
All employees are W2 wage earners. ▶ Are there any other business start-up costs I should know about? (such as background checks, credit review, etc. as a new hire).
No, there is no specific "start up" cost required.▶ Who pays for office and other business expenses?
The Mortgage Branch Company pays the bills. You as Branch Manager will receive the net profit generated from the office after your expenses are paid. ▶ Do I have to set up a reserve account with the company?
Yes, with a balance equal to two months' overhead. However the account is funded through the proceeds of branches closed loans. You will not be required to set this up when you first become employed.▶ Who is responsible for the state and local mortgage licensing fees?
All Branch Managers and individual loan officers are responsible for their own NMLS licensing fees. Mortgage Net Branch Company MTG021 will cover all other national and state branching fee requirements. ▶ Is there an upfront fees I am to pay in order to become a branch?
No there are no up front cost to become a mortgage branch
About Gary Lacey
312 N Mill St
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