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Earn Cash...
Your income potential is endless when it comes to this TRILLION dollar business. Broker compensation is a maximum of 25% of the total origination fee. The total origination fee is capped by HUD at the greater of 2% of the Maximum Claim Amount (defined as the lesser of the appraised value of the property or the FHA maximum loan amount in the country where the property is located) or $2,000.
Example — For a home valued at $362,790, the 2% origination fee is $7,255. In this case, the broker advisor would earn a $1,814 commission, which is 25% of the origination fee. Just think of your earning potential, if you closed 5 - 10 deals a month!
Stop referring business and start earning a new income stream with Reverse Mortgages. When you partner with Vertical Lend, you'll have the backing to assist your clients with their home financing needs. With clients relying on you to answer questions and provide advice, take it one step further and use your partnership with Vertical Lend to grow your business!
To begin opening doors that were previously closed, contact Josh Borba today at 530-888-6000 and take your business to new heights.
