BECOME A CORRESPONDENT

On a limited basis we are offering National Correspondent Relationships. Ideal candidates must have experience producing quality commercial loans.

PROGRAM DETAILS:

As a correspondent, you become eligible to earn up to 3% YSP on some of our most popular commercial loan products. More so, these goods may be offered to the general public, as well as other mortgage brokers.

CONTROL YOUR DESTINY:

This opportunity allows you to set your own margins and offer your own products. We produce the rate sheets and documents in your name to seamlessly integrate both of our services, while still providing a top-quality experience to the end consumer.

Take a look at our wholesale rate sheets on the left-hand side of this page. These rates have YSP rates already built-in for our correspondents. You have the ability to price in additional YSP up to 3% if you so choose. Multiple pre-payment options that pay you premium may also be included.

ADVANTAGES OF BECOMING A CORRESPONDENT:

  • Personalized Rate sheets that can be downloaded or emailed directly from our system to your distribution list.
  • Weekly conference calls and webinars to teach you about our products.
  • Leads provided to you throughwww.commercialrateupdate.com
  • Feature-Rich website with a Personal Login to help you grow your business. We provide both job and loan application systems for your use.
  • Protected Status and Limited Space. Space is limited nationally –commercial loan Experience necessary to qualify.

To learn more, please visit our video library at: www.commercialrateupdate.com/rsMyvideo.php

GETTING STARTED:

If interested, the following steps must be completed:

  • Complete the online Broker Application.
    Be sure to mark the box “Become a Correspondent” and the application will be emailed to you.
  • Download and sign the Good Business Affidavit.
  • Provide a resume on the principal(s).
  • Provide a credit report on principal(s) with any explanations if necessary.
  • Include a copy of your business license.
    Please complete the above steps and submit them to johnb@ysploans.com

Weekly Conference Calls and Webinars will be held each week and will last approximately one hour. These meetings will consist of education and training on our products, as well as general commercial underwriting information. A Q&A session will follow where you will be able to ask and listen to questions from other correspondents.