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Hire+Train Remote Lic. 1099 Mortgage Loan Originators
Location: DE-Bennewitz
Jobcode: rppusq
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(JobPosting) We Hire+Train Remote Mortgage Loan Originators
usmortgagelenders com Hiring 1099 Lic Mortgage Loan Originators -REMOTE in FL, GA, AL, SC, NC, TX, AR, OK
Job highlights
Benefits
Earn 90% of the 2.75% paid on the day of closing
Daily Zoom Training and Networking calls
LOS Free Loan Origination System Provided
Full control of your files, call underwriter account reps directly
Pick Your Own LOS loan origination software
Pull Your Own Credit Reports
Par Rates from All the Top Wholesale Lenders
Discount Mortgage Insurance Premiums
Healthcare and Lead Program Discounts
Newly Licensed Loan Officer Training
usmortgagelenders com Hiring 1099 Lic Mortgage Loan Originators -REMOTE in FL, GA, AL, SC, NC, TX, AR, OK
For more info call Thomas @ 954-667-9110
Assessed value
The value of a property, established by a public tax assessor. The assessed value is used to determine property taxes.
Assignment
The method of transferring a right or contract, such as the terms of a loan, from one person to another.
Assumable loan
A loan that may be transferred to someone else while maintaining the same terms. For example, if you have an assumable loan (not all loans are assumable) and you sell your home, you may be able to transfer that loan to the new owner with no change in the interest rate and repayment schedule, though you may need to pay a fee in order to do so.
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B
Balance Sheet
A dated financial statement (in table form) that shows your assets, liabilities and net worth.
Balloon loan
A loan that provides you with lower-than-usual monthly payments for a set period of time followed by a payment larger than usual at the end of your loan repayment period. While a balloon loan may lower your monthly payments it can also mean you make higher interest payments over the life of the loan.
Base rate
An interest rate that is used as a benchmark, or index, for pricing variable-rate loans such as adjustable-rate mortgages, auto loans and credit cards.
Basis point
An amount equal to 1/100th of a percentage point. For example, a fee calculated as 50 basis points of $200,000 would be 0.50% or $1,000.
Bond
An interest-bearing certificate of debt with a maturity date. A real estate bond is a written obligation that is usually secured by a mortgage or a deed of trust.
Break even point
The point at which total income equals total expenses. Also used in connection with decisions related to purchasing discount points on a mortgage. Calculating the break even point will identify how many months it will take to recoup the costs associated with paying for the discount point amount under consideration. In other words, if $3,600 is paid toward discount points to reduce the interest rate and the reduced rate would decrease the monthly mortgage payment by $100, it would take 3 years to break even on the choice to pay the discount point amount.
Bridge loan
A type of mortgage financing between the termination of one loan and the start of another loan. For example, a bridge loan might be taken out by a borrower and secured by that borrowers present home so that the closing on a new house can take place before the present home is sold.
Broker
A third party who arranges funding or negotiates a contract between parties, but does not lend the money.
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Largo
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Lauderhill
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Leesburg
Lake County
Lighthouse Point
Broward County
Longboat Key
Manatee & Sarasota Counties
Longwood
Seminole County
Maitland
Orange County
Marco Island
Collier County
Margate
Broward County
Melbourne
Brevard County
Melbourne Beach
Brevard County
Miami
Miami-Dade County
Miami Beach
Miami-Dade County
Milton
Santa Rosa County
Minneola
Lake County
Miramar
Broward County
Mount Dora
Lake County
Naples
Collier County
Neptune Beach
Duval County
New Port Richey
Pasco County
New Smyrna Beach
Volusia County
Niceville
Okaloosa County
North Miami
Miami-Dade County
North Miami Beach
Miami-Dade County
North Port
Sarasota County
Oakland Park
Broward County
Ocala
Marion County
Ocean Ridge
Palm Beach County
Ocoee
Orange County
Okeechobee
Okeechobee County
Oldsmar
Pinellas County
Orange Park
Clay County
Orlando
Orange County
Ormond Beach
Volusia County
Oviedo
Seminole County
Palatka
Putnam County
Palm Bay
Brevard County
Palm Beach
Palm Beach County
Palm Beach Gardens
Palm Beach County
Palm Coast
Flagler County
Palmetto
Manatee County
Panama City
Bay County
Pembroke Pines
Broward County
Pensacola
Escambia County
Pinecrest
Miami-Dade County
US Mortgage Lenders We Train & Hire 954-667-9110
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