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Originally Posted by terryleroe
Hi I work with Starlite Funding Coast to Coast and we are seeking brokers to sign on with us.
We Offer:
First you have an opportunity to have access to National and International Lenders, Private Investors, and Joint Venture Partners
you are not Limited to just generating loans in just one state
We are global
we offer a 50/50 split
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Terry let me enlighten you a little. If as a broker I wanted to make money off the mortgages why would I partner up with you or your company? Anyone here can go out and get a net branch office from one of the bigger companies. Its not a 50/50 split its simply a per loan funded fee. Plus several of them are lenders not brokers, so you also have in-house underwriting.
Second I have never heard of your company, so I am going to assume they are brokers or have a very small warehouse of under 3 million with very few programs.
You might be able to get a few real estate agents that are not knowledgeable enough about the mortgage industry but there are a few of us here that know more than the mortgage people, I happen to be one of those. Prior to becoming a real estate broker I owned a mortgage banking, not brokerage company.
Best of luck to you Terry but I think what you are offering is insulting to the brokers here. For a 50-50 split and its their butts on the line, not to mention the extra liability they take on by doing loans for their clients.
PS: please stop spamming this message. I recommend the forum admins remove his other identical post on this subject.
Seeking Brokers To Partner With Us
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