If you originate residential mortgages, you already know you make money by collecting a commission and/or fees on each closed loan.  As a Net Branch, you will earn higher revenues on each loan but will also be responsible for paying the expenses for each loan.  The spread between the revenues and expenses is your profit.  There are three ways to make more money: 

1. Pay less in fees to the lender.  If you do your own processing and you pay more than $299 in total fees per deal to your Net Branch Provider, you are paying too much.  You could be and should be keeping more money.    We like to keep things simple.  We charge a flat fee of $299 for each closed loan.  That’s it!  Other Net Branch Providers, like banks (in fact, some are banks), continue to add to their laundry list of fees.  Some are hidden and others are obvious but each fee charged reduces the amount of money you keep.
2. Get a higher commission from the investor.   Prime Financial Group Branch Managers usually get 0.25% to 0.50% per loan more than our bank competitors.  On a 6.00% interest rate loan, a bank may pay a 1.75% premium compared to Prime Financial Group investors paying 2.25% premium.  This puts more money in your pocket.  This is because Prime Financial Group, as an entity, is a high volume investor.  With many investors Prime Financial Group qualifies for an additional premium because of volume or “Premium” status.  Net Branches get to take advantage of this.  Other Net Branch Providers that have not achieved the “Premium” status get Yield Spread Premiums similar to banks.
3. Originate more loans.  Offload the time-consuming, error-prone administrative tasks to your Net Branch Provider so you can spend more time with your customers and prospects.  We’ll do your closing document preparation fast and professionally.  Do what you do the best and we'll take care of the rest.  Originating loans make you money.  Let us spend the time on human resources, payroll, licensing, and all the other administrative tasks that would keep you maximizing your earnings.