TOP 10 REASON YOU SHOULD BE A BRANCH WITH NETWORK FUNDING, L.P.
10. Maintain Your Independence and Control.
If you do not currently have independence
or control, you can now be your own boss. You
recommend profit margins for each loan type, fee
structure for loans and commission level for
yourself and your loan originators. All employees of
Network Funding are W-2 employees but you determine
the compensation level and terms of any employee in
your branch.
9. Become a Correspondent Mortgage Lender.
No more yield-spread premiums. No audited
financial statements. No net worth requirement.
In-house underwriting and closing - the same
underwriters and closers regardless of loan type or
program. In-house compliance department to handle
compliance and licensing. A corporate environment to
grow in and grow with.
8. Access to All Loan Types.
Network Funding is a full-service FHA, VA, USDA,
Fannie/Freddie and reverse mortgage lender providing
in-house programs for most products available. Our
web-based program finder will identify programs and
compare rates from all correspondent investors for a
particular loan.
7. Benefits.
All eligible
employees of Network Funding have access to health,
dental and vision coverage at a reasonable cost and
to a 401-k plan.
6. On-Line Accounting.
Our
web-based accounting system allows our branch
managers access to a live branch P&L reporting
current activity 24/7. The P&L gives summary and
detail statements of branch activity and individual
loan detail.
5. Affiliated Business Arrangements
Network Funding offers branches access to
approved Affiliated Business Arrangements or
Marketing Service Agreements with builders and
Realtors, and access to non-standard origination
opportunities with banks and credit unions as well
as other marketing programs to solicit business
outside of normal channels.
4. Training and Support.
Network
offers full training and support for products and
technology and fully staffed help-desks for each
department to help solve branch problems in doing
business.
3. State Licensing.
Network is
currently licensed in 32 states and has previously
been licensed in most of the 50 states. Network can
provide origination access to branches almost
anywhere.
2. Paperless.
Network branch
offices submit paperless loans electronically for
underwriting and closing. It used to take two trees
to make one loan package.
1. Expect the Best.
The best of
wholesale and the best of retail mortgage
origination.
