Become A Mortgage Banker

Becoming a mortgage banker can seem overwhelming to many. However, the opportunities for controlling underwriting, funding and expanding into other products occur, when your company takes the step to become a mortgage banker.

The key elements to becoming a mortgage banker are:

• Net worth, per audited financial statements of at least $150,000, though most investors require a $250,000 minimum net worth.
  
  
• Adequate staffing for underwriting, pre-closing review, funding and shipping. For smaller companies, funding and shipping is usually performed by the same person.
  
  
• Post-closing audits; performed on a regular basis by an outsource firm such as DONNASHI ENTERPRISES, INC. or by an internal staff member.
  
  
• Errors and OOmissions Insurance.

Once you have the above items in place, you are ready to get started.

We will provide you with:

-Required manuals

-Completion of applications through the ONESTOPLENDERAPPS.COM system

-Training of your staff about the funding / shipping process

-Provide you with various tools to make your job easier

-Provide you with post-closing audits

We offer one of the lowest fees available for this package. Depending on whether your company wants to become an agency seller/servicer, or acquire new investors, we can customize a package just for you!

To contact us directly, or to sign up for classes, please visit the "Contact Us" page.