Oklahoma Mortgage Broker Opportunities

With the Real Estate Settlement Procedures Act (RESPA) reform and field compliance issues burgeoning, the flight to the "banking" side of the industry is accelerating. Many Mortgage Brokers and individual Loan Officers are opening retail branch offices with Southwest Funding. There are distinct reasons why.

Here are some of the benefits:

	A Turnkey Solution: Overnight, smaller brokerages can level the playing field with larger banks. The broker can still continue as an entrepreneur while gaining the firepower of the larger mortgage bank - Southwest Funding, without the bureaucracy - it's the best of both worlds.
	Multi-State Licensing: Securing state mortgage licenses independently takes a broker many months and thousands of dollars. Southwest Funding on the other hand, already has these licenses in place. This affords a broker an expanded universe of homeowners to serve.
	100% Commissions: Many experienced Loan Officers in brokerages, banks and credit unions earn only 35% - 75% of their originated yields. The difference in income to a brokerage or Loan Officer can be dramatic!
	Compliance: Increasingly, mortgage brokers express that they're sleeping uneasily because of compliance pressures. Southwest Funding has compliance experts on staff to ensure that not only are file flows compliant and quality-assured but also that individual Loan Officer and branch licenses are current and maintained. We also ensure that all advertising pieces are compliant in terms of equal housing, annual percentage rates (APR's), licensing and state disclosures.
	Nondisclosure of YSP's: Not having to disclose yield spread premiums is a major advantage of Southwest Funding versus strictly brokering. But, unlike most mortgage bankers, Southwest Funding still allows you to broker as many loans as you would like to our vast approved wholesale lender list, even on FHA loans!
	Direct-Lender Status: Everyone likes to deal with a "direct lender." This is true of borrowers and of referral partners.
	Broad Product Offerings: With an expansive approved wholesale lender list and complete in house product offerings, you will never lose a deal to another lender because of a product or program. There is no "first right of refusal" on any loan, you choose the lender each and every time. We offer FHA, VA, USDA, FNMA, FHMLC and portfolio products that many smaller brokers do not have the capability to do.
	Accounting and Support Services: Our accounting department takes the back-office load off of you. This frees time for you to do what you do best - originate.
	Technology: Loans can be registered and locked online, conditions can be cleared and pipelines monitored around the clock. We are paperless. Our employee resource center has everything you need to be successful. Marketing support, Operations, Compliance, Message Board, Email, Loan Central and much more.

Oklahoma Retail Mortage Branch Opportunities are available now. Get started by giving us a call at 877-878-8989 or let us know how to contact you at Apply Now

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