1: EXPERIENCE

Because you will be managing a branch office each candidate must have at least two years experience as a mortgage banker, broker, loan originator, manager or loan officer.

2: OFFICE LOCATION

If you do not already have an office you will be expected to locate commercial office space. For those just getting started you may want to open in an executive office suite. You can expand your operation from there. If you are searching for a job as a loan officer we'll find you a position with an existing office.

3: TELEPHONE

If you do not already have a telephone and fax line you will have to arrange to get them. Usually the phone company requires deposits to open new accounts.

4: SIGN

Most states require that you have a sign that prominently identifies your mortgage business. The costs of these signs varies depending upon how elaborate the design. Most signs average around $300.00

5: STATE BRANCH LICENSE

Each state requires that a new branch location have a state issued branch license identifying the physical address of the office as well as the name of the branch manager.

6: INDIVIDUAL LICENSE

Current regulations require that all loan originators possess a state mortgage license and be registered with the NMLS.

7: ORIENTATION CLASS

It is a smart idea to meet the people with whom you are going to be working.  This gives you a closer look at them and their operation. Some firms encourage you to visit with them before you join. Some have an orientation program after you join.  Typically these classes last for two or three days and introduce you to the firm and the particular policies and procedures they utilize.

8: FEES

There is no upfront charge of any kind to join a firm. Although we charge a fee to arrange for your employment it is paid by the firms we represent.

9: FIND OUT MORE

To start the process simply email copy of your resume to: richard@netbranchology.com
 
We will contact you shortly after receipt to discuss a  branch network program or branch partnership with you.