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FAQ

a

Are you looking for experienced Mortgage Advisors?

Yes. And we think they’ll be amazed at the benefits of working with Ark Mortgage. Our Mortgage Advisors are given all the tools they need to thrive with some of the best commissions in the industry. Read all about it here.

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a

Are you only interested in experienced LOs?

No. In fact some of our best performers are “home grown,” meaning they came to us with no mortgage experience, and in some cases, no sales experience either. We train new LOs in the technicalities of creating a mortgage, in powerful selling techniques, and in using marketing tools to build your clientele.

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a

Why should I join a lender versus a brokerage?

There are any number of reasons. Brokers claim they have more independence and are able to “shop” more lenders for their clients. The truth is, most brokers place most or all of their loans with a single wholesaler. Working for a lender like Ark, you have the power to see the loan through from start to finish. And we have way, way more products available to you than virtually and lender, from first-time homebuyer products to investor friendly DSCR loans.

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a

What states do you operate in?

Presently we are licensed to lend in New York, New Jersey, California, Florida, Pennsylvania, Connecticut, Arizona, Colorado and Texas, and are adding Georgia, Massachusetts and many other states in the coming months.

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a

Do I need a license in all those states?

To sell residential mortgages in each state, you need a license in that state. But few of our Mortgage Advisors are licensed in every state we lend in. You do need to take the national licensing exam if you don’t already have your NMLS, which allows you to work in many of the states we service. But don’t worry, we help you through any licensing you need to accomplish. And adding states is really easy because we’ve already done the legwork for you.

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a

Is this a commission based position? 

Yes. Ark pays the highest commissions in the business, though, so our Mortgage Advisors do very well. Our minimum commission is 1% for “company leads” which may be given to you through our inbound marketing efforts. Our top commission is 1.75% for LOs in the top tier of production. With our average loan amount is over $450k, well, you do the math. Many of our LOs clear seven figures on a regular basis, even in these challenging times.

Back to Top
a

How much can I expect to earn?

As an experienced loan originator, you should be able to increase your earnings significantly due to our higher commissions, in-demand products, and better support. Even our brand new Advisors start earning commissions in the first year. By the second year many are already reaching six figures. Our top producers are earning … well we already talked about them.

Back to Top
a

What kind of marketing support do you provide?

In addition to our powerful company branding and advertising, each Mortgage Advisor is offered personalized social media campaigns as well as marketing materials for their own accounts. We work with each Advisor to give them the tools they need to support their prospecting efforts. Check out our webpage at arkmortgage.com and our social media sites to get a feel for the quality and style of our marketing.

Back to Top
a

OK, I want to join. What does the hiring process look like?

After expressing your interest, we’ll have a short conversation with you. If you’re an experienced originator, we’ll talk about your successes and your goals for the future and see if we’re a good fit.

If you are new to loan origination and/or to sales, we’ll likely ask you to take our Sales Drive test. It determines if you will succeed in the prospecting aspect of our business. We don’t want you to make this major commitment if you’re not likely to thrive. If you pass the test, you’ll be invited to interview for the training program.

Back to Top
a

How does the training program work?

Our new Advisors begin with a sales project in which you’ll assemble a list of possible clients from friends and acquaintances. We’ll prepare you for the NMLS exam, a requirement for all Mortgage Advisors. We will teach you the mechanics of structuring a loan and you’ll shadow one of our successful Advisors to see firsthand how it’s done.

During this time, you’ll have full access to the Mortgage Champions sales training courses. Most new Advisors complete the whole process in 6 months or less.

Back to Top

Got another question? Ask away:

    a

    Are you looking for experienced Mortgage Advisors?

    Yes. And we think they’ll be amazed at the benefits of working with Ark Mortgage. Our Mortgage Advisors are given all the tools they need to thrive with some of the best commissions in the industry. Read all about it here.

    Back to Top
    a

    Are you only interested in experienced LOs?

    No. In fact some of our best performers are “home grown,” meaning they came to us with no mortgage experience, and in some cases, no sales experience either. We train new LOs in the technicalities of creating a mortgage, in powerful selling techniques, and in using marketing tools to build your clientele.

    Back to Top
    a

    Why should I join a lender versus a brokerage?

    There are any number of reasons. Brokers claim they have more independence and are able to “shop” more lenders for their clients. The truth is, most brokers place most or all of their loans with a single wholesaler. Working for a lender like Ark, you have the power to see the loan through from start to finish. And we have way, way more products available to you than virtually and lender, from first-time homebuyer products to investor friendly DSCR loans.

    Back to Top
    a

    What states do you operate in?

    Presently we are licensed to lend in New York, New Jersey, California, Florida, Pennsylvania, Connecticut, Arizona, Colorado and Texas, and are adding Georgia, Massachusetts and many other states in the coming months.

    Back to Top
    a

    Do I need a license in all those states?

    To sell residential mortgages in each state, you need a license in that state. But few of our Mortgage Advisors are licensed in every state we lend in. You do need to take the national licensing exam if you don’t already have your NMLS, which allows you to work in many of the states we service. But don’t worry, we help you through any licensing you need to accomplish. And adding states is really easy because we’ve already done the legwork for you.

    Back to Top
    a

    Is this a commission based position? 

    Yes. Ark pays the highest commissions in the business, though, so our Mortgage Advisors do very well. Our minimum commission is 1% for “company leads” which may be given to you through our inbound marketing efforts. Our top commission is 1.75% for LOs in the top tier of production. With our average loan amount is over $450k, well, you do the math. Many of our LOs clear seven figures on a regular basis, even in these challenging times.

    Back to Top
    a

    How much can I expect to earn?

    As an experienced loan originator, you should be able to increase your earnings significantly due to our higher commissions, in-demand products, and better support. Even our brand new Advisors start earning commissions in the first year. By the second year many are already reaching six figures. Our top producers are earning … well we already talked about them.

    Back to Top
    a

    What kind of marketing support do you provide?

    In addition to our powerful company branding and advertising, each Mortgage Advisor is offered personalized social media campaigns as well as marketing materials for their own accounts. We work with each Advisor to give them the tools they need to support their prospecting efforts. Check out our webpage at arkmortgage.com and our social media sites to get a feel for the quality and style of our marketing.

    Back to Top
    a

    OK, I want to join. What does the hiring process look like?

    After expressing your interest, we’ll have a short conversation with you. If you’re an experienced originator, we’ll talk about your successes and your goals for the future and see if we’re a good fit.

    If you are new to loan origination and/or to sales, we’ll likely ask you to take our Sales Drive test. It determines if you will succeed in the prospecting aspect of our business. We don’t want you to make this major commitment if you’re not likely to thrive. If you pass the test, you’ll be invited to interview for the training program.

    Back to Top
    a

    How does the training program work?

    Our new Advisors begin with a sales project in which you’ll assemble a list of possible clients from friends and acquaintances. We’ll prepare you for the NMLS exam, a requirement for all Mortgage Advisors. We will teach you the mechanics of structuring a loan and you’ll shadow one of our successful Advisors to see firsthand how it’s done.

    During this time, you’ll have full access to the Mortgage Champions sales training courses. Most new Advisors complete the whole process in 6 months or less.

    Back to Top

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    400 Rella Blvd, Suite 300
    Montebello, NY 10901

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