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Employment Opportunities
 

Are you earning residual income, in addition to the commission, from business that you as a Loan Officer closed in 2004?  WE ARE!

Loan Officers, You Can Work For A Company That Maximizes Your Earnings, Today.

These are not overrides from subordinate Loan Officers.  Do you perceive that you are only as good as your last deal?  Are you making residual income on your past business?

Think of the number of loans you have originated, if you were earning $100 per loan in residual income every year for every loan.  How much potential money have you lost? Do the math

This is the best opportunity you have been offered in your lifetime.

We are looking for Loan Officers with the following qualifications.

Self Motivated and Self Generating Loan Officers.
Deliver what they promise and professional when dealing with the customers.
Volume should be $1 million or more per month or approx. 5-7 units.

(Basis Points)   vs.   (Percentage + Residual Income)

 

 

Basis Points

 

Percentage

Loan Amount

 

350,000

 

350,000

Required By Company To Pay Overhead

 

1.50%

 

0

Earned Per Loan Officer Pricing His Own Loans

 

0

 

1.50%

Total Earned to Company

 

5,250

 

5,250

 

 

 

 

 

Commission to LO based on Basis Points

60

2,100

 

 

Commission to LO based on Percentage

50

 

 

$2,625

Potential Residual Income

 

 

 

$100

If you are paid by basis points you are not earning $525 per loan you could be earning

Plus you are losing out on the possible $100 per file of residual income

If you are closing 5 loans per month you are not earning $31,500 per year you could be earning on business

Plus you are losing out on the possible $6000 first year residual income (the residual income should continue and should increase as long as the loan officer is originating business at First Meridian Mortgage.)

First Meridian Mortgage, Annandale Virginia..

     

    has been ranked in the top 25 lenders in the Washington Business Journal Book of Lists for last 3 years.

     

    has originated $1.6 billion in loans since 1996 (which means we get the loans closed, great processing!

     

    has received Top Producer/Achievement awards

    • Astoria Federal Savings 1998, 2001
    • Chevy Chase Bank 1998
    • Countrywide 2004
    • Marine Midland 1997
    • National City Mortgage 2002, 2003, 2004, 2005
    • Washington Mutual 2003
    •  

    has programs for all types of loans, A thru Z (many are automated).

    •  

    has a Working Owner TO HELP YOU get your loans done.

    •  

    has state of the art equipment and capabilities. (bulk mail equipment on site).

    •  

    has you basing your quotes off of the actual rate sheets from over 50 Lenders. (Total Price Control)

    •  

    has Health, Dental, and SEP IRA with Employer matching.

    •  

    has commission splits 50/50 to (60/40 with volume/realtor business).

Call for a Confidential Interview
Kevin Retcher, CEO
Office 703-333-2700 x216
Direct 703-201-6138

 

   

 

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