increase your income with a unique blend of the best of working for a retail lender with the best of the broker model.
Challenging times in residential lending: high prices, high rates, low inventory. Many Mortgage Advisors are looking for a way to thrive, without taking the independent broker route which presents its own set of challenges. We think we have the answer. We call it the Hybrid Model because it offers experienced loan officers the best of two worlds.
How It Works
The basic arrangement offers you the option to work remotely and process your loan so that’s it’s ready for underwriting. We take it from there, all the way to post closing. You’re in the loop the whole way, and you keep the client as your own. You earn a full 2% of the loan amount. Here’s how that compares with a common 1.25% commission on 24 average loans (spoiler alert: it’s almost $53K pre-tax in your pocket).
How is this program different than working as an independent broker? Let us count the ways:
- We provide access to a state-of-the-art LOS.
- We offer a broad array of industry leading products in-house from multiple lenders, including ARMs, FHA, Jumbo, DSCR, Bank statement qualification, P&L qualification, and 2nd liens.
- You have access to our powerful CRM, custom built for the industry, giving you the power to offer clients instant scenarios and pre-qualifications.
- Our rates are always comparable to the big wholesalers.
- You can instantly check pricing on all our products.
- You can always connect with operations to go over scenarios or talk about the progress of your loans.
- You are represented by the mature Ark brand and have access to all our attention grabbing marketing materials, including automated email drips and social media ads.
- You receive ongoing sales training and motivation from the country’s leading mortgage sales coach.
- Our sales incentives, including annual trip, are open to all who qualify by volume.
- We cover all the expenses of maintaining an office.
It’s a far cry from going off on your own.
If you aren’t in a position to process your own files, we can do that too for you for a flat fee per file. And if you want to maintain an office or your own assistant/processor, we have favorable arrangements to make that happen as well.
Why Ark
Ark Mortgage was specifically designed to help LOs increase business, especially in a market like this. We know that there is no magic bullet — it takes concerted effort from the Advisor and from the lender. It takes getting your name out there, rewarding your activity with industry-leading commissions and incentives, and providing you with the best operations support to get loans closed. Lenders that have perfected these systems are thriving, even in this market.
As a lender, Ark Mortgage provides far more support to its Advisors than any broker or mortgage wholesaler can. It’s why we have weathered the recent rate hikes and emerged stronger than before. We are a Fannie Mae and Freddie Mac direct lender, and have in-house underwriting — even for products like non-QMs, ARMs, P&L or bank statement qualification, DSCRs, and 2nd Lien — products that are going to be in more demand today.
For us, adding experienced, success driven Mortgage Advisors to our team makes sense. As competition for the more challenging areas of the business grows — new home purchases, investment properties, and complex loan structuring to name a few — experienced Advisors are rising to the top when given the right support. They will help Ark grow as they help their clients thrive in a tighter market.
In a market like this, you can’t sit back and wait for the phone to ring. Ark is designed to give you everything you need to build your business. Are you ready?
LET’S talk about IT: