I have had the worst luck with employment in the past few years. One company declared BK, another only did loans in California, and the current company I am with does loans everywhere but takes forever to get anything done. My needs are basic, I process and originate from home. I need to work for a lender that is licensed in most states as I do business all over the country. I do alot of stated income stated asset cash out to 90% and alot of Chase HELOCS. I do very little business in San Diego. I am not interested in a “Net-Branch” opportunity. I am interested in working for a mortgage banker that can do loans everywhere and can work with a full spectrum of products. I have been doing this 10 years. I fund at least $800K a month and usually make 2-3 points. My current employer is so slow that this number should be over a million a month but I have had to be careful taking certain deals so I do not get a bad rap for lack of performance. I need to make 80% of my commision and my own processing fees. Please call with any opportunities.
The easiest and most profitable way for you to do what you’re asking is a net branch, even though you don’t want to. You would have access to every lender in every state, and they would handle all your compliance and administrative work. If you’re not ready to set up your own shop, that’s the best way.