REALTOR-MLO Career Opportunities
Gustan Cho Associates Empowered By NEXA Mortgage LLC has unique REALTOR-MLO career opportunities for full-time realtors. In general, you cannot be a jack of all trades and a master of them all at the same time. The REALTOR-MLO Career Opportunities dually licensed program works as follows:
If the full-time real estate agent has an NMLS MLO license, the real estate agent will get partnered with one of our veteran experienced loan officers and engage in a dual partnership.
The real estate agent will represent the home buyer on the home purchase transaction as the buyer’s realtor and will be the assigned loan officer for the same client. However, the realtor will have a veteran experienced loan officer who will be the assigned loan officer and will act as the loan officer assistant (LOA).
How Does The REALTOR-MLO Career Opportunities Dually License Program Work?
The realtor and the LOA will team up and service the client as a realtor/MLO team. The realtor will email the client the online mortgage loan application and the loan officer assistant will take over from there.
The loan officer assistant will work with the processor, the wholesale lending partner, the underwriter, and all other third-party support and operations personnel.
The realtor is the assigned loan officer and will get copied on all correspondences and will be notified throughout the process of the status of the loan. The real estate agent will quote the rate and terms to the borrower and lock the loan.
What Is The Role of the LOA on The Realtor-MLO Career Opportunities
Other than those two main duties, the loan officer assistant will take the loan from application to closing. It is up to the real estate agent/loan officer as to how much they want to participate.
The goal of the REALTOR-MLO Career Opportunities program is to relieve the dually licensed realtor-MLO from the origination part and have the realtor concentrate and focus on generating more clients.
It is the loan officer’s assistant to takes the file from the application, through processing, approval, and the final touchdown which is the closing.
How Does The REALTOR-MLO Get Trained To Become A Loan Officer?
The realtor/MLO will naturally learn how to originate and close loans by shadowing the loan officer’s assistant. The realtor-MLO career opportunities dually license program is a great way for a real estate agent to get compensated for both sides of the transaction (real estate home purchase commission, and origination commission on his joint dually licensed realtor-MLO partnership agreement with the loan officer assistant.
Loan Officer Career Opportunity at Gustan Cho Associates
Gustan Cho Associates has the best careers for mortgage loan originators who are goal-oriented and want to open their own net mortgage branch and build their own team. We also have career opportunities for those who want to enter the mortgage industry as licensed mortgage loan originators without experience.
Gustan Cho Associates Empowered By NEXA Mortgage, LLC is the only mortgage broker that has a residual income revenue share program for loan officers.
Licensed in 48 states including DC, Puerto Rico, and the Virgin Islands (Not licensed in NY and MA). There is no mortgage loan we cannot do at Gustan Cho Associates. Gustan Cho Associates has over 210 wholesale lending partners. Over 80% of our borrowers at Gustan Cho Associates are folks who could not qualify at other mortgage lenders.
Solid Leadership and Foundation With CEO Mike Kortas
Not only can we help borrowers denied at other lenders, but we can qualify, approve, and close them on time. All of our pre-approvals close, unlike other mortgage lenders. CEO Mike Kortas, CEO and President of NEXA and AXEN Mortgage is the Thomas Edison of the Mortgage Industry.
Gustan Cho Associates is a dba of NEXA Mortgage LLC. NEXA Mortgage, LLC is the largest mortgage broker in the nation.
CEO Mike Kortas has developed the revenue share program for loan officers. Unlike insurance agents who have to wait 20 or more years to substantially make thousands of dollars a month in residual income, with our residual income revenue share program, you can make tens of thousands of dollars.
Support For New Loan Officers at Gustan Cho Associates
From day one, you will have full support when joining Gustan Cho Associates. You decide your destiny. You may want to be a loan officer at the branch level at Gustan Cho Associates, LLC. You may decide to become an independent branch manager at NEXA to grow your team and brand.
Whatever direction you decide to take, you can be rest assured you will get the best service and support 7 days a week with regards to running your branch, and team. You will learn from the best of the best.
You are who you hang out with. You will learn agency and nontraditional mortgage guidelines. Our operations, support, and licensed personnel have full access to the latest and greatest training, compliance, agency, and alternative lending guideline portal, and marketing platforms.
Can I Start in the Mortgage Industry as a Loan Officer With No Experience
Gustan Cho Associates will help you brand your name. We will help and support your journey to success with our greatest and latest technological commercial and residential loan officer training school platforms, one-on-one training, and mentorship by Gustan Cho Associates’s senior advisors, instructors, and mentors.
Gustan Cho Associates is the only mortgage company with a training system where a newly licensed mortgage loan originator can train to have their own independent mortgage branch.
You will sit in the driver’s seat and take the road to success as far as you decide to take it. Gustan Cho Associates will support you in your journey to success. You will never find an opportunity in the mortgage industry as you will at Gustan Cho Associates. Are you looking for a mortgage company licensed in most of the 50 states?
Guide To Careers in The Mortgage Industry
In this guide, we will cover career opportunities as a mortgage loan originator, team leader, or branch manager as an independent mortgage broker under the sponsorship of Gustan Cho Associates Empowered By NEXA Mortgage LLC. We give you the keys to success.
Have you considered becoming your own independent mortgage broker? Are you an entrepreneur and want to open your own mortgage broker business?
Are you currently working for a lender that does not have mortgage loan programs outside FHA, VA, and conventional? Are you losing potential borrowers due to high mortgage rates? You came to the right career opportunity guide here at Gustan Cho Associates Read on folks………..
How Can I Become a Branch Manager of a Mortgage Company?
Are you a leader and have the talent to have quality loan officers under your management? NEXA Mortgage, LLC dba Gustan Cho Associates is looking to partner up with NMLS licensed mortgage loan originators.
We help our loan officers and support personnel with recruiting so you can start establishing your downline to kickstart your revenue share income program.
NEXA Mortgage, LLC dba Gustan Cho Associates is licensed in 48 states, including Washington, DC, Puerto Rico, and the Virgin Islands. The only two states we are not yet licensed in are New York and Massachusetts. Dually licensed REALTOR-MLO Career Opportunities at Gustan Cho Associates for full-time real estate agents to get compensated on both sides
Career Opportunity As an Independent Mortgage Broker
Whether you are experienced with a team, an independent mortgage broker-owner, or independent mortgage loan originator working for a mortgage banker, or a brand new loan officer newly licensed with no experience, Gustan Cho Associates will give you an opportunity to take your business to the next level.
In this independent mortgage broker net branch opportunity career guide, we will cover every aspect Gustan Cho Associates can help experienced loan officers advance in their careers.
It is very difficult to get started as a new mortgage loan originator without any experience. At Gustan Cho Associates, our licensed and support personnel can make tens of thousands of dollars in residual income revenue share in a matter of a few months.
NEXA Mortgage Careers | New Loan Officer Training Academy
Gustan Cho Associates will help a rookie without experience become a loan officer through its New Loan Officer Training Program. No other mortgage company has such an extensive MLO training program as we do at NEXA Mortgage, LLC dba Gustan Cho Associates.
We will also cover newly licensed mortgage loan officers without any experience in how to get started as mortgage loan originators at Gustan Cho Associates.
There are several options for both experienced loan officers and rookies at Gustan Cho Associates. If you have the will, drive, and commitment to become the best of the best, the team at Gustan Cho Associates will help you and guarantee that you will become successful.
Can I Become A Mortgage Loan Originator With No Experience?
Gustan Cho Associates Empowered By NEXA Mortgage, Inc. is one of the very few national mortgage companies that will sponsor, train, and mentor brand newly licensed mortgage loan originators who are entering the business.
Better yet, Gustan Cho Associates will give hard-working licensed mortgage loan originators the opportunity for them to own their own mortgage broker branch offices.
Most mortgage lenders will require you to produce at least $60 million per year annually before they will even entertain giving you an opportunity to become a branch manager and have your own P and L.
Career Opportunity As an Independent Mortgage Broker
In this blog, we will cover and discuss career opportunities offered at Gustan Cho Associates We will explain why working at Gustan Cho Associates is different than working at any other mortgage broker, lender, FDIC bank, or credit union.
There are many moving parts in this blog because we will be very comprehensive and detailed. We will NOT tell you what you want to hear but rather the FACTS.
We will not BullShit and send you on a wild goose chase with some pipeline dream. Many of you have been our viewers at Gustan Cho Associates, So, please be ready to read the most promising realistic career opportunity that no other mortgage company will even come close to.
How To By-Pass NEXA Academy For Dually Licensed Realtor/MLO Preferred Referred Realtor Partners
- Log into NMLS, Make sure you are on the state side of NMLS, not the federal
- This is on the left-hand side
Go to filing
Select Individual
- Select request new or edit depending on what is available
- Once in the filing, it is the first section that pops up, hit add
- Select the state you want to add
- Select the appropriate type of license
- Once the state and license are selected you will then need to make sure all information through the filing is correct.
- CR (credit report) has to be done
- BC (background check) has to be done
- Attest submit and pay
This Guide on REALTOR-MLO Career Opportunities Was Updated and Published on September 10th, 2023