Realtors Can Be Dual Agent Florida Mortgage Loan Originator Jobs 275bip
Realtors Can Be Remote Mortgage Loan Originators Florida 275bips/1099

To apply, please call 954-667-9110 or visit usmortgagelenders (link removed) com.

Job Summary

Join the team at US Mortgage Lenders LLC, a highly respected and established Remote Florida mortgage company, as a remote Mortgage Loan Originator you will work from home marketing specialty loan programs you will not find at your local bank. We are looking for individuals with proven honesty, integrity, and self-sufficiency. As a Mortgage Loan Originator, you will have the opportunity to market our unique loan programs and specialized services. We offer the highest 90% payout on a 1099 basis, with 275 bips, and provide access to our 100+ lender systems and processes. Enjoy the freedom of working remotely while receiving daily training and support through our Zoom meetings at 10 AM. We value your independence and also welcome Dual Agent Realtors and Mortgage Loan Originators.

Job Highlights
Earn a 90% payout on a 1099 basis with 275 bips paid on the day of closing
Access to free loan origination software
Opportunity to sell specialty mortgage programs from 100+ lenders
Daily Zoom training and support provided from 10 to 12 AM after obtaining your NMLS license
Ability to sell programs such as FHA, USDA, VA, and NON-QM
Benefit from a wide selection of loan programs available through our network of lenders
Work From Home Remote Highest Industry Payouts!
Dual Agent MLO and Realtors Welcome!

Qualifications
Strong phone and people skills
Sales experience is vital
Must possess or be willing to obtain an NMLS mortgage license

Responsibilities
Guide borrowers through the mortgage process, providing support and advice at each milestone
Conduct initial consultations to identify borrowers' needs and criteria for their new or existing homes
Act as an advocate and adviser for borrowers until the day of closing
Master all aspects of the sales process
Deliver exceptional client experiences
Create strong client relationships to maximize lifetime value
Focus on new business development daily

Advantages
Must-be Be NMLS Mortgage Lic Required - WE WELCOME DUAL AGENT REALTORS.
REMOTE IN ALL FL, GA, AL, SC, NC, TX, AR, OK
New Career? We Hire/Train 1099 NMLS Newly Lic. (MLO) Mortgage Loan Originators
Market Specialty Loan Programs Not available at the bank.
Ability to self-start and work remotely (from home) on a set schedule in a secure
Access to 100+ Lenders FHA, VA, NON QM, Stated
Must Be NMLS Mortgage Licensed First VIA NMLS or willing to get Licensed.
Check Employee Reviews @ (link removed)/cmp/US-Mortgage-Lenders/reviews

Benefits
Flexibility in scheduling
Supplemental pay includes commission

COVID-19 Considerations

This position is remote.

License/Certification

A Mortgage Loan Originator License is required.

Work Location:

This position is remote and open to individuals located in Florida as well as other states including FL, GA, AL, SC, NC, TX, AR, OK.

To apply, please call 954-667-9110 or visit usmortgagelenders (link removed) com.

Employment Type: Contractor

FHA Now Allows 'Double-Dipping' On Loans
David Krechevsky
DEC 16, 2022
FHA
Update of conflict of interest rule allows individuals to serve as both MLO and real estate agent, with certain restrictions.

KEY TAKEAWAYS
Those with a 'direct impact on the mortgage approval decision' are not allowed to serve multiple roles.
Those with 'indirect compensation' may serve multiple roles.
The Federal Housing Administration on Thursday announced a rule change that will allow individuals to serve as both the real estate agent and mortgage loan originator for FHA-insured home sales.

The FHA released Mortgage Letter 2022-22, in which it clarifies conflict of interest and dual employment policies for most Title II single-family FHA-insured mortgage transactions. The clarifications take effect immediately.

FHA continues to receive requests to clarify its conflict of interest and dual employment guidance regarding mortgagee employees and other individuals that may wish to perform multiple roles in a single FHA-insured transaction, the letter states. Most questions relate to indirect compensation, including ownership interest in a business that is participating in the same FHA-insured transaction or a family relationship between two participants in an FHA-insured transaction.

With the letter, FHA said, it is consolidating various conflict of interest and dual employment subsections of Handbook 4000.1 and clarifying its general conflict of interest policy by prohibiting individuals that have a direct impact on the mortgage approval decision from having multiple roles or sources of compensation from a single FHA-insured transaction.

However, the FHA will also now permit all other individuals to have multiple compensated roles for services actually performed and permitted by HUD (the U.S. Department of Housing and Urban Development), provided that the FHA-insured transaction complies with all applicable federal, state, and local laws, rules, and requirements.

Get the NMP Daily
Essential stories, every weekday.

Your email address
According to the FHA letter, individuals who have a direct impact on the mortgage approval decision, and therefore are prohibited from having multiple roles in the transaction, include underwriters, appraisers, inspectors, and engineers.

Indirect compensation includes any compensation resulting from the same FHA-insured transaction, other than for services performed in a direct role, the letter states. It provides examples that include, but are not limited to:

Compensation resulting from an ownership interest in any other business that is a party to the same FHA-insured transaction; or
Compensation earned by a spouse, domestic partner, or other family member that has a direct role in the same FHA-insured transaction.
In addition, for those involved with home equity conversion mortgages (HECMs), the letter states that the mortgagee and any other party that participates in originating such transactions must not participate in, be associated with, or employ any party that participates in or is associated with any other financial or insurance activity, unless the mortgagee demonstrates that it or any other party maintains firewalls and other safeguards designed to ensure that:

individuals participating in the origination of the HECM must have no involvement with, or incentive to provide the borrower with, any other financial or insurance product; and
the borrower must not be required, directly or indirectly, as a condition of obtaining a
The FHA and HUD said they will welcome feedback from interested parties for a period of 30 calendar days from the date of issuance of the letter. Comments may be emailed to the FHA Resource Center at (link removed)>
The FHA added that the policy update will be incorporated into a revised HUD Single-Family Housing Policy Handbook 4000.1.

Federal Housing Administration (FHA)
U.S. Department of Housing & Urban Development (HUD)
Facebook LinkedIn Twitter Email
Link copied
PUBLISHED
DEC 16, 2022

COMING UP
SEE ALL
NOV
30
How to Have a Profitable Mortgage Business at Any Volume with AI
Webinar
2:00 PM ET
DEC
07
Using Credit Optimization to Close More Loans
Webinar
2:00 PM ET
DEC
14
Non-QM Townhall A Monthly Report
Webinar
11:00 AM PT / 2:00 PM ET
Get the NMP Daily
Your email address
ADVERTISEMENT

ADVERTISEMENT
Magazine Subscribe 970x90 - 970x90
ANALYSIS AND DATA
New Home Sales Dip In October But Remain Strong Year-Over-Year
October 2023 sees a 5.6% decrease in new single-family home sales compared to September, yet records a robust 17.7% compared to October 2022.

New data from the U.S. Census Bureau and the Department of Housing and Urban Development shows that new single-family home sales in October dipped, reaching a seasonally adjusted annual rate of 679,000. While this figure reflects a 5.6% decline compared to the revised Septem...

Continue reading
PEOPLE ON THE MOVE
Five Leaders Appointed At Mortgage Subservicer
Cenlar promotes, appoints five to leadership roles

Mortgage subservicer Cenlar FSB recently announced the appointment and promotion of five leaders. The Ewing, N.J.-based company appointed two new directors and promoted three leaders to new positions. I want to welcome our new directors and con...

Continue reading
Renew your NMLS License for free.
Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event

FEB
20
Texas Mortgage Roundup Austin
Austin, TX
These stories, your inbox.
Subscribe to the NMP Daily newsletter.

Your email address
More from
Regulation and Compliance
NMLS Then, Now, And To Come
Leaders reminisce, plan, and dream about the regulatory group on its 15th birthday

REGULATION AND COMPLIANCE
NOV 02, 2023
Fannie Mae, Freddie Mac Shareholders Win Prejudgment Interest On $299M Verdict
Federal court upholds shareholders' right to interest after government's wrongful claim on profits; simple interest rate set, drawing from Delaware law precedent.

REGULATION AND COMPLIANCE
OCT 26, 2023
ADUs Can Now Be Sold Separately In California
Backyard revolution opens up the affordable housing market.

REGULATION AND COMPLIANCE
OCT 20, 2023
Cracking The Crackdown
How to eliminate and prevent junk fees to avoid penalties

Locations:

Madison Florida Pine Hills Lee Florida Pine Hills