Direct Lender offers a mortgage net branch opportunity and is based out of Irvine, California. Direct Lender has been in business since 1998.

HIGHLIGHTS:

• Quality leads
• 100% Commission
• Ability to originate nationwide
• Approval with over 350 lenders (Residential and Commercial)
• W2 or 1099
• Full service payroll and human resource department
• Credibility of a recognized brand
• Freedom to run your own business

Direct Lender’s Net Branch Website

Summit Mortgage Corporation offers a net branch opportunity and are based out of Plymouth, MN. Summit has been in business since 1992 and claims 94% of all their business comes from referrals.

HIGHLIGHTS:

• State of the art web-based technology
• 100% branch profit
• FHA/VA approved
• Health, Dental, Life insurance and 401k
• No YSP disclosure
• In-house underwriting closing and funding on 20 corespondent banks
• Open book pricing model
• Branch training online
• Multi-state licensing
• Partnership Program for Builders, Developers, Real Estate Agents, Insurance Agents and Financial Planners

Summit Mortgage’s Net Branch Website

Supreme Lending is a net branch company based in Dallas, Texas. They boast multi-state licenses and new branch additions of 5-10 per month.

HIGHLIGHTS:

• 100% Commission
• $300 per file flat fee
• FHA/VA approved
• Health, Dental, Life Insurance and 401(k) available
• No YSP disclosure
• In-house underwriting, closing, and funding available
• Monthly training available

Supreme Lending’s Net Branch Website.

CharterWest Mortgage is a net branch company based in Golden, Colorado. They can originate in Alabama, Colorado, Florida, Indiana, Iowa, Kentucky, Michigan, Minnesota, Mississippi, Missouri, Nebraska, North Carolina, North Dakota, South Dakota, Tennessee, Wisconsin and Wyoming.

HIGHLIGHTS:

• No Setup Fees or Escrows
• HUD Approved Lender
• FHA / VA
• Banked loans and Brokered loans
• Direct Deposit Every Friday
• No Quotas
• All Technology, Marketing available for free
• Dental and 401(k) available

CharterWest Mortgage’s Net Branch Website.

HIGHLIGHTS:

• Fixed monthly fee ($1995) or flexible fee (10% of gross)
• Multi-state licensing
• 1099 payment available in certain states
• Medical available
• Free accounting
• Compliance support

Advanced Home Loans Net Branch Website.

Ameritime Mortgage Company is a net branch provider based in Houston, Texas. They boast the ability to fund loans in over 40 states with total production over one billion in 2006.

HIGHLIGHTS:

• Various branch setup and fee structures available
• Calyx Point software free for branch managers
• Lucrative, residual income from referrals
• 200 lender affiliations
• Direct access to corporate executives
• Support, Compliance, and IT departments on staff

Ameritime Mortgage Company’s Website.

Norstar Mortgage Group is a net branch company based in Birmingham, Alabama.

HIGHLIGHTS:

• $1,199.00 per month flat fee for the branch, all other commissions kept by branch partner
• Banked loans and brokered loans
• Over 180 lender affiliations
• 15 states of operation
• FHA/VA
• Training at corporate offices available
• Medical, Dental, and 401(k) available

Norstar Mortgage Group’s Website.

Carteret Mortgage is a net branch company based in Centreville, Virginia. The company boasts over 2,000 loan officers originating in all 50 states.

HIGHLIGHTS:

• 400 lender relationships
• FHA/VA
• Recruitment bonus
• Medical, Dental, Life, 401(k) available

Carteret Mortgage’s Website.

Midas Financial Group is not a traditional net branch company, though they provide many similar benefits. The structure more closely resembles a multi-level-marketing plan than a net branch.

HIGHLIGHTS:

• Nationwide origination available - licensing exempt through federal bank charter
• Commission overrides on several “levels” of loan officers
• Banked and Brokered loans

Midas Financial Group’s Website.