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	<title>Net Branch Pro</title>
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	<description>Join 1st Nations Mortgage Corp</description>
	<lastBuildDate>Tue, 24 Jan 2012 18:41:24 +0000</lastBuildDate>
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		<title>Net Branching vs. Big Lenders</title>
		<link>http://www.netbranchpro.com/?p=45</link>
		<comments>http://www.netbranchpro.com/?p=45#comments</comments>
		<pubDate>Tue, 24 Jan 2012 03:21:44 +0000</pubDate>
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				<category><![CDATA[Net Branch Opportunities]]></category>

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		<description><![CDATA[OK, so in theory all the Mortgage Brokers have been wiped out by all the latest lending regulations.  I must admit that for a while there it felt as though 1st Nations had more attorney&#8217;s on staff than loan officers, but all that&#8217;s changed.  Brokers used to close 60% of the US loans and now<a href="http://www.netbranchpro.com/?p=45"> <br /><br /> (More)…</a>]]></description>
			<content:encoded><![CDATA[<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.netbranchpro.com%2F%3Fp%3D45&amp;title=Net%20Branching%20vs.%20Big%20Lenders" id="wpa2a_2"><img src="http://www.netbranchpro.com/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share"/></a></p><p>OK, so in theory all the Mortgage Brokers have been wiped out by all the latest lending regulations.  I must admit that for a while there it felt as though 1st Nations had more attorney&#8217;s on staff than loan officers, but all that&#8217;s changed.  Brokers used to close 60% of the US loans and now they close less than 10%.</p>
<p>So why did that 10% stay around?  The answer is simple. THERE&#8217;S MORE MONEY IN IT AS A BROKER THAN A LENDER!  Ok so the skilled 10% know the best way to ensure maximum profits is to not give away a large portion of your compensation to the employing lender.  1st Nations takes a small percentage of each loan, then reimburses you for all your bills and invoices at 100%, then pays you 83% of what&#8217;s left.</p>
<p>Our top performer makes over $250,000 per year.  Can you make even half of that at a bank???</p>
<p>At a lender shop you are typically paid in basis points&#8211;hey, what a great way for the house to keep more of your hard earned money&#8230;.at 1st Nations always get paid the full percentage.  Never any basis points here.</p>
<p>And what about the rates&#8230;.we offer the lowest in the business&#8230;.and they are never marked up.  What you see is what you get&#8230;.RAW RATES.</p>
<p>Not that there&#8217;s many Lenders left, but we offer all the typical lenders that are still in business from Provident to Fifth Third to Icon to Plaza to Classic Home and many, many more&#8230;</p>
<p>All the Best, Why not join us&#8211;</p>
<p>Robert Lee, President, 1st Nations</p>
<p>&nbsp;</p>
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