The Mortgage Net Branch is a new program that allows managers and loan officers to fulfill the wishes of their lifetime: to be their own bosses. This is a stringent problem even for mortgage specialists that are effective and successful, as the new regulations imposed by the Government might force them to join a large company. Luckily, there is an alternative: the Mortgage Net Branch.
Having a fixed salary was always the problem of Mortgage Branch managers. Even if they were effective and they were selling many credit products, the monthly paycheck was always the same. Therefore, their productivity and determination disappeared. However, the Mortgage Net Branch offers them the possibility to be paid as managers. How is that possible? There is no legal statement forbidding the managers and other employees of the branch to be considered contractors, not employees.
The Mortgage Net Branch tries to correct this unfair state of facts by giving the managers the complete liberty to act. Moreover, the managers and the employees of the branch will be paid proportional with their performances, so they will stay motivated all the time.
It is important for the managers to have the liberty to create their own teams of trusted people. The Mortgage Net Branch gives them the possibility to hire the personnel. Of course, the potential employees must also pass the tests of the Human Resources department of the corporate umbrella company, but this is only another process designed to identify good candidates.
The Mortgage Net Branch manager receives complete support from the umbrella company, including human resources services, logistics, and accounting. Basically, the manager and the employees of the branch are only responsible about bringing new mortgage loans and credits. Once the client agrees with a certain offer, the mother company takes over by filing the necessary paperwork.
The Manager will also keep its own accounting, so he could always know what to expect from the next months. This way, the manager could establish his future development targets, as the mother company would not oblige him in any way.
Of course, there is always a negative part of this method: the Manager is responsible for all the decisions, including the bad ones. This is why this service is only recommended for advanced and experienced professionals in the mortgage area, professionals that are not afraid about leading and coordinating a team.
