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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) |
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Basis Points |
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Percentage |
Loan Amount
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350,000 |
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350,000 |
Required
By Company To Pay Overhead |
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1.50% |
|
0 |
Earned Per Loan Officer Pricing His Own
Loans
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0 |
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1.50% |
Total
Earned to Company |
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5,250 |
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5,250 |
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Commission to LO based on Basis Points |
60 |
2,100 |
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Commission
to LO based on Percentage |
50 |
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$2,625 |
Potential Residual Income |
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$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).
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Call for a Confidential Interview
Kevin Retcher, CEO
Office 703-333-2700 x216
Direct 703-201-6138
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