|
Trying to find the most competitive Reverse Mortgage Product at the right price in a fast changing market is difficult. Combine the dynamics of multiple investors with swift moving guidelines and the pinnacle importance of giving the highest quality of service to your customers and you have a difficult equation. Big banks don't provide support or competitive compensation for their vital employees as they chase after their corporate greed for profit. Small brokers cannot provide the opportunity in lending to out-of-state markets.
UPL is a customer and employee centric company. We are currently looking for experienced Reverse Mortgage Originators and Leaders in all major markets.
Competitive Advantages
-
Licensing in over 37 states. All Major markets with many more states pending
-
Work with all the major reverse mortgage wholesale lenders .
-
Operations File Ownership
-
Most competitive compensation payouts
-
Commission Comparison
United Pacific Lending Major Bank Origination $6,000 $6,000 the bank doesn't show you what Yield Spread Premium $3,208.28 $0.00 they make on the back end Gross Revenue $9,208.28 $6,000.00 Paid to corporate for branding, Less Admin. -$650 legal and state licensing Net Revenue $8,558.28 $6,000 could be as low as 32% if it wasn't Commission Split 60% 42% self sourced or you didn't hit top tier Less Payroll Tax -10% Gross Commission $4,621.47 $2,520.00 Closed fixed rate HECM with a loan amount of $458,924. there is a yield spread premium of .625% and an additional $340 for a $30 monthly service fee. WaterMark Capital Dana Point
Are you looking for a better way to be successful in the Forward or Reverse Mortgage Industry.
|