| Topic: | WestStar Affiliate Branch | TP-192 | ||
| Jobs: | Job: Branch Partners | |||
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| Bill Draving | Email | Contact | Postings | Edit | CT8709 |
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WestStar
Any chance of you sharing the list with me??? Bill 210-698-3316 |
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| WestStar | Email | Contact | Postings | Edit | CT433770 |
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I too compiled a list and countless hours of research to locate the right opportunity for my producing branch, stemming from early 2007 to now. Recently, I came across WestStar Mortgage, Inc. Out of 213 branching opportunities, their BANKing platform is next to none from what I've found. I approached them to bring over my branch and was hired to help expand their foot print.
Has your Wholesale Line dried up? Are you able to offer FHA & VA? Is your Net Branch on it's way out? Is your Net Branch nothing more than a glorified broker? WestStar Mortgage, Inc. WestStar Website Mortgage BANK out of Virginia Perks: 100% Payout (YSP, SRP, Discount, Origination, etc.) $695/mo branch fee ( NO per file fee or other junk fees!) We make our money selling paper. In business since 2000, and growing steadily and successfully ever since Direct Lender - True Banking Platform NOT a Net Branch NOT a Correspondent Lender NOT a Glorified Broker Become a bank branch 25 Licensed States; 7 States Pending Licensed: AL, AK, AR, CO, CT, DE, DC, FL, GA, IN. IA, MD, MA, MN, MO, NC, OH, OK, RI, SC, TN, TX, VA, WV, WI Pending: KS, KY, LA, MI, MS, NH, NM Actively looking to acquire a 50 state federal charter (which will provide nationwide licensing exemption) Process your own files, OR have us do it for you at $395 FHA Full Eagle Lender Direct secondary pricing, rates are not padded Very competitive pricing in this RETAIL environment Become a RETAIL Lending Bank Branch Product & Pricing Engine Use your own software and systems Run DU/DO/LP directly, not through a storefront PreTax Expense Reimbursement for valid expenses Benefits available: 401k, Health, etc. FHA, VA, RD, Conforming, Manufactured Housing, Construction, Agency, Alt-A, Non-Conforming, Sub-Prime, SISA, SIVA, HELOC's, Jumbo, Super Jumbo and other niche products. Bank 99% of your deals! Broker the other 1% Best of Net Branching, without being a Net Branch Best of being a Broker, now as a Retail Mortgage Banker Common sense underwriting closes more deals Last branch recruited got 3 out of their last 4 DECLINED loans APPROVED at WestStar! Family First & Maverick Residential branches have found WestStar to be their safe haven, transfering to our platform! No Minimum Requirements As the Big Banks and Governmental regulation and laws continue to put us Brokers and Wholesale Correspondent Lenders out of business or make it harder to do business, we're left with only a few choices: -Either find a new field of work... -Go to work for a bank... -Buy a bank... -Become an expensive, uncompetetive FHA broker... -OR, join the right mortgage banking platform! Regulation to end Net Branching is continual. HUD and the FED close and refute net branching companies almost daily. The Implodometer is a good indicator that net branching, while a good idea, is on it's way out, while only the retail banks are the ones that will remain standing. Join WestStar Today! Call me directly at 704-248-6913. Serious inquiries only. Producing branches and branch managers and successful loan officers looking to start their own branch. Thank you, good luck to us all in this uncertain market! |
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