Say bye bye to the broker world if you are smart! Are you over the fact that you cannot close a loan in 10 day! Are you working for a broker that just does not come through, or a lender who would not give you the ability to broker?
At Obsidian you are assigned a personal Territory Manager. This TM will help you get your deal approved and closed. I can’t count how many times Quicken or UWM loan has declined a loan, and we have turned around and approved it and closed it within 10 days.
TAKE YOUR TIME AND READ BELOW
The ability work as a Lender:
- Rates are the best in the industry. No marked-up Fees, Raw pricing
- DPA-Construction to Perm-203k-DR Loans-Not available for broker channel anymore.
- Non-QM-Make up to 4,00% Compensation.
- FHA down to 550-4% to 5% Compensation-Will never be beaten.
- Our in-house UW are available 24/7. Good luck with UWM & Quicken. They won’t let you get within a country mile of speaking with their UW and support staff.
- Rates on FHA/VA at 2.75% fixed, paying back 2.875%
- Top tier banks such as Wells Fargo, Chase and Trusit-Suntrust
The ability to work as a Broker
- Work with over 100 Lenders-Approved with Every Lender in industry.
- Flat fee of $995 per file-You make the full Compensation of 2.75%
- 203K-DPA-Construction to Perm all CANCELED-on Wholesale.
- 1099 or W2
- DBA’s are allowed for corporation.
Marketing & Software (state of the art cloud base)
- Our Intranet is state of the ART (Free Demo)
- State of the art CRM to track and follow all your leads.
- Our Intranet has training and marketing videos with weekly training sessions.
- LendingPad (LOS) Cloud based so there are NO waiting times or delays.
- Optimal Blue pricing engine-Cadillac of Pricing Engines.
- We develop a website to market to all social media markets.
- Please join us for our weekly Team meeting where you can discover everything that Obsidian has to offer.
- Weekly training session for new loan officers for to learn marketing, software and other items.
- Allowed to work at home or remote location
- DBA allowed.
Underwriting & Processing
- We can UW and close FHA/VA loans in our name with scores down to 550 credit scores
- DPA’s not offered by any broker channels can now go through our correspondent.
- NON-QM with Verus and Angle Oak where we can UW and close in our names.
- Collect your UW fee on the CD if you chose. Charge the borrower and not yourself.
- Hard Money & Fix and Flip Programs
- Reverse Mortgages-In House UW.
- Close a loan from start to finish in 10 days.
- Processing is done through our third party company so you are able to collect on the lender and broker channels.
COMPENSATION WILL NOT BE BEAT (Never)
- Payday out within 72 hours!
- Loan Officers make 2.00% Compensation of Front and up to 4% in YSP
- Branch Manager make overrides from 25 to 100BPS on your loan officers.
- Lifetime residual even if you retire of leave.
- 1099 or W2 Depending on state
- Insurance Revenue - Your family receives your income when you cannot
- Pre-Qualify clients
- Ability to prequalify clients and input information for disclosing.
- Submit a complete file then move on to the next deal.
- Interact with processing and UW to close loans fast.
Job Types: Full-time, Part-time
Pay: $100,000.00 - $350,000.00 per year
- Lending: 3 years (Preferred)
- Mortgage: 3 years (Preferred)
- Must Have NMLS #: 1 year (Preferred)
This Job Is Ideal for Someone Who Is:
- Achievement-oriented -- enjoys taking on challenges, even if they might fail
- High stress tolerance -- thrives in a high-pressure environment