Get paid what you should at Magnify Mortgage. Your compensation plan allows you to make passive income while also being able to make up to 100% commission on your loans. We provide a simple to use LOS (Arive) along with access to the sources and techniques that are proven to work even in a tough market.
Quick Snapshot of Compensation Structure
- 80% commission for fundings up to 3m per month
- 100% commission for all fundings over 3m per month
- PLUS receive a Revenue Split every month
** up to 10 bps from all LO’s that you refer to the team
*** receive an additional 10 bps from LO’s that your LO referrals bring to the team
Perks of Joining Magnify Mortgage
- Get paid quick! (We pay your commissions each week)
- In-House Experienced Processing available for only $550 per file (If loan doesn’t fund, you don’t pay)
- No Micro Managing (You run your business, we take care of compliance)
- We help with licensing
- Super Competitive Rates
- 2 pts LPC on QM and 2.25 on NonQM
- Join our Team from any State!
Easy to use LOS system
o Provide your realtor partners with custom co-branded preapproval links.
o Web Based LOS allows access almost anywhere.
o Pricing Available directly in the LOS.
o Register with select lenders directly through LOS
o Keep your realtors up to date by providing them access to a realtor portal to access and track their preapprovals.
Simple Qualifications:
- Valid Loan Originator license in at least 1 of the following states; CA, CO, FL, ID, TX, VA.
- MINIMUM OF 2 YEARS LOAN ORIGINATOR EXPERIENCE REQUIRED
We do not provide leads. All business is self generated. However we will provide you tools, sources and techniques that we are using to help you be successful.
*Bring your current team over and have immediate passive income!*
Reach out to us today to get more information.
Job Types: Full-time, Contract
Pay: $120,000.00 - $1,500,000.00 per year
Benefits:
- Flexible schedule
- Referral program
- Work from home
Compensation package:
Payment frequency:
Schedule:
Work setting:
Work Location: Remote