ANMC Branch Marketing Support
The following is a list of commonly asked questions along with their corresponding answers.
If you'd like additional information, then please call us directly or fill out the
online application.
Q: In which states are you licensed?
Please refer to our State Licensinge List.
Q: Will I Be A Net Branch or Affiliate of American Nationwide?
A: It is most accurate to say that you will become an 'Affiliate Branch' of ANMC because the term 'net branch' doesn't apply to companies operating within HUD's guidelines. (Mortgagee Letter 00-15 regarding Branch Arrangements offers more details on HUD approved branch arrangements).
Q: Can I close loans in all ANMC approved states?
A: Yes, one of the major benefits of joining ANMC is having the ability to close loans in all of our approved states.
Q: How long has ANMC been in business?
A: ANMC has been in business since 1996.
Q: Is ANMC a mortgage broker or mortgage lender?
A: ANMC is a mortgage lender; however, most branches operate as a broker, which allows each location to choose where to send their loans.
A: ANMC conducts payroll on a weekly basis.
Q: Is direct deposit available?
A: ANMC offers and recommends direct deposit.
Q: Does ANMC offer medical benefits?
A: ANMC offers a full range of benefits, including health, life, and disability insurance.
Q: Will I be a 1099 or W-2 Employee?
A: All ANMC employees are W-2 employees.
Q: Can I keep my business name or use a DBA?
A: No, all net branches must do business as American Nationwide Mortgage Company, Inc.
Q: What lenders are you signed up with?
A: Please refer to our approved lender list.
Q: Can I process loans at my branch?
A: Yes, but only non-government loans may be processed at your branch location.
Q: Do you have access to LP and/or DO?
A: Yes, we will provide you with a manual on how to get set up with it.
Q: Do you regulate branch advertising?
A: Yes, our compliance department reviews all advertising to ensure it complies with Federal, State and Local Regulations.
Q: Do you offer accounting services?
A: Yes, we have a staff of accounting consultants.
Q: Is there an initial setup fee?
A: Yes, there is a $145 fee for criminal background check.
Q: How long does it take to get approved as a new branch?
A: It typicall takes 3 to 5 days.
Q: What type of loan software do you require?
A: Web based Mortgage Dashboard software.
Q: What type of experience and equipment do I need?
A: You must have the following experience and equipment/items to setup and run your business with American Nationwide Mortgage Company, Inc:
Minimum 2 years full-time in mortgage originations.
Require one closed loan per calendar month or minimum $495.00
charge.
Professionals who are ethical and committed to their own
success.
Business telephone line with voicemail/answering service.
Internet Access with e-mail
Fax Machine
Phone line for fax/internet access
Computer and Modem
Q: In which states are you licensed?
Please refer to our State Licensinge List.
Q: Will I Be A Net Branch or Affiliate of American Nationwide?
A: It is most accurate to say that you will become an 'Affiliate Branch' of ANMC because the term 'net branch' doesn't apply to companies operating within HUD's guidelines. (Mortgagee Letter 00-15 regarding Branch Arrangements offers more details on HUD approved branch arrangements).
Q: Can I close loans in all ANMC approved states?
A: Yes, one of the major benefits of joining ANMC is having the ability to close loans in all of our approved states.
Q: How long has ANMC been in business?
A: ANMC has been in business since 1996.
Q: Is ANMC a mortgage broker or mortgage lender?
A: ANMC is a mortgage lender; however, most branches operate as a broker, which allows each location to choose where to send their loans.
Q: What are the fees for ANMC?
A: Refer to our Program Guide
A: ANMC conducts payroll on a weekly basis.
Q: Is direct deposit available?
A: ANMC offers and recommends direct deposit.
Q: Does ANMC offer medical benefits?
A: ANMC offers a full range of benefits, including health, life, and disability insurance.
Q: Will I be a 1099 or W-2 Employee?
A: All ANMC employees are W-2 employees.
Q: Can I keep my business name or use a DBA?
A: No, all net branches must do business as American Nationwide Mortgage Company, Inc.
Q: What lenders are you signed up with?
A: Please refer to our approved lender list.
Q: Can I process loans at my branch?
A: Yes, but only non-government loans may be processed at your branch location.
Q: Do you have access to LP and/or DO?
A: Yes, we will provide you with a manual on how to get set up with it.
Q: Do you regulate branch advertising?
A: Yes, our compliance department reviews all advertising to ensure it complies with Federal, State and Local Regulations.
Q: Do you offer accounting services?
A: Yes, we have a staff of accounting consultants.
Q: Is there an initial setup fee?
A: Yes, there is a $145 fee for criminal background check.
Q: How long does it take to get approved as a new branch?
A: It typicall takes 3 to 5 days.
Q: What type of loan software do you require?
A: Web based Mortgage Dashboard software.
Q: What type of experience and equipment do I need?
A: You must have the following experience and equipment/items to setup and run your business with American Nationwide Mortgage Company, Inc:
