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OUR ORIGINATOR
PROGRAM |
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If you are already an Originator with
Discount Funding Associates and would like to submit a Mortgage Application
on-line, please Click
Here to Submit a Mortgage . Don't forget to type in your name
in the space provided on the form. |
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| Who
are our Originators? |
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1) Teachers
2) Attorneys
3) Accountants
4) Collection Agencies
5) Financial Planners
6) Insurance Brokers
7) Car/Boat Dealers
8) Real Estate Brokers
9) Business Brokers
10) Anyone
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You can be a
Discount Funding Originator too! It is very simple. The first step
that you must take is to submit our free on-line Originator Registration
Form by by selecting Originator
Registration Form. We will then E-Mail or send you
a link so that you can sign up and become a licensed MLO (mortgage
loan originator) for Discount Funding Associates. If you are
accepted by the banking department in the state or states
where you wish to originate, you will automatically be a proud
member of our originator program. What's great about becoming
an originator with DFA is that you can earn as you learn. Your
first prospect that you bring to the company may close within days
or weeks marking your roadmap to success! Don't be concerned or
get frustrated about any lack of knowledge that you may be experiencing.
Let the money come first as you continue to earn while you learn.
Once you submit an a mortgage application either online, by phone
or in person, we will take you through the entire process from
beginning to end. We will also ask for your participation on a
loan in progress. Don't get intimidated. Most of the tasks are
handled by the staff here at DFA. Your compensation is based on
your level of experience. As your loans close, your commissions
will increase. Have fun with it. There is no pressure to perform
and there is absolutely no quota. Whether this is part-time or
full-time, we are here for you all of the time! Let us enlighten
you with some tips from your friends here at DFA.
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| Who Needs Money? |
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The fact is that anyone who has any purpose
in the world for borrowing money is your customer.
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1) Home Improvements-Dormers, siding kitchen/baths,
swimming pools, etc.
2) Debt Consolidation-Payoff credit cards, car loans, student loans,
etc.
3) Investment-Buy Real Estate, businesses, tax shelters, vehicles,
etc.
4) College Tuition
5) Social-Weddings, Bar Mitzvahs, Engagements, etc.
6) Divorce Buy Outs-One spouse buys out the interest of the other
7) Business Expansion-Materials, additional locations, renovations
of store/office
8) Pay overdue bills and late payments on installment loans
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THE KEY TO YOUR
SUCCESS IN MORTGAGE ORIGINATION IS YOUR WILLINGNESS TO NETWORK. PEOPLE
WILL ALWAYS BE YOUR GREATEST RESOURCE. YOU CAN EARN MONEY THROUGH
OUR ORIGINATOR PROGRAM IF YOU ARE WILLING TO CONSTANTLY NETWORK!
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| How
Does Discount Funding Associates Qualify Potential Borrowers? |
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| As a Mortgage Originator, there is
one condition needed to obtain funds for any of your perspective borrowers.
They must own real estate. As long as they own residential or commercial
real estate, it will put them in contention for a loan via a mortgage.
When an application is sent to our office, we examine three important
criteria which determines whether or not we can obtain a loan for
the applicant(s). |
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1) Value of real estate and amount of existing mortgages/liens
on the property
2) Income Status whether it is provable, stated or nonverified
3) Credit History |
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| If an applicant is looking to purchase
property, we will prequalify the potential buyer(s) based on the following
criteria: |
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1) Purchase Price
2) Down Payment (some loans require zero money down)
3) Credit History
4) Monthly Income vs. Monthly Expenses
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| Please remember that most of these
administrative tasks will be handled by our staff. We will be more
than happy to teach you as your loan is progressing. Again, I promise
you that there is no reason to get frustrated due to lack of knowledge.
You can learn about mortgages just by navigating through our website
as well as ask us unlimited questions. Everyone must start from somewhere
and we would be truly glad to have you on our team! |
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We wish you great success and we welcome
you to join our family. Take a few moments and submit our on-line
Originator Registration Form. Click
here for Originator Registration Form.
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