As our trusted advisor loan agent you will use our patented systems and procedures to take the loan application and help us with the processing and origination of mortgages for your clients.
You will do about an hour worth of work stretched out over 2-4 weeks. There are certain steps that you will accomplish in order to legally qualify to receive compensation.
For a typical mortgage you will receive 1/2 point based on the loan amount. For example:
Loan Amount | $200,000 | $400,000 | $600,000 | $800,000 |
Commission | $1,000 | $2,000 | $3,000 | $4,000 |
COMPENSATION TO CYPHER PARTNERS IN 2018 HAS BEEN AVERAGING JUST OVER $2,000 PER MORTGAGE.
That’s a nice bit of added revenue for taking an hour to make sure that your clients are taken care of. The income is nice but to most Cypher Partners it is secondary and the most important aspect is that it enables them to help take care of their clients needs and client satisfaction is the key.
You have a financial responsibility to your clients to help them make the best decisions that they can, as far as you are able.