Real Estate Forums

Las Vegas Homes

Any Loan Officers out there working for a .com company. How are the commissions? How do they differ from the traditional Mortgage Co.?

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afm1

I don't work for a dot com, but I work for a net branch. I looked into the dot com idea but was not impressed. Most likely, they will not be in business very long as compliance is a huge issue with these types of ventures. The state examiners will look closer at these types of business during audits which could create nightmares for those involved. I assume you are referring to quotemearate and companies similar?

I am not trying to be negative but rather offering some advice...if you decide to jump in or know someone who would like to, tell them to do their homework.

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All Fund Mortgages

Maryland Homes Search

Las Vegas Real Estate

Yes, I have heard the same things. When something seems to good or, in this case, easy, to be true...it typically is! I would be verycareful, not only when getting invloved, but when trusting .com companies with your clients as well.

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San Diego Real Estate

Ditto...that could be a little Risky unless you really have a relationship Established!

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REMAX LV

I agree as well! Well put: "If it sounds too good to be true, then it probably is!"

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