ANMC's Branch Programs
All closed loans originated by the mortgage net branch shall be
compensated at 100% of the gross commission received minus company
fee & branch expenses.
Per File Program
$495 per file fee for all states.
Minimum of one (1) loan produced per calendar month.
*Note if a net branch does not close or produce one loan a
month, there is a minimum charge of $495.
Flat Fee Program
Pay a low flat fee of $1,500 per month: for a net branch
closing 1-30 loans per month.
There is also an additional cost for
accounting and E & 0 insurance of $100 per month.
Recruiting Program
Recruit other Branch offices
Initial recruiting fee plus, Residual on every per file program.
Additional monthly bonus recruiting income, call for details.
Each branch manager receives compensation from the net profits of the branch's
operations. Net profits are the
revenues remaining after all expenses of the net branch are satisfied.
These expenses involve operating costs such as administrative
costs, business supplies, rent, payroll, telephone, and branch share
of health insurance. The company will draft the corporate fee on the
1st of the month, based on the program you select.
Mortgage Net Branches and FHA Regulations
American Nationwide Mortgage Company does not operate net branches in accordance with the literal definition of "net branch."
The term "net branch" is only used in the above context because it is a recognized term that positively effects search engine optimization.
"Net branches" (defined as "branches with independent ownership and autonomy") are not allowed by regulatory agencies.
Simply, all branches associated with American Nationwide Mortgage Company, are duly licensed locations from which the licensed company may
originate loans with assistance of employed branch managers and loan originators. For more information
about FHA regulations click on the disclaimer link below.