Key Takeaways:

1. Virginia’s mortgage market offers significant growth potential for branch managers looking to expand and increase profitability.
2. MortgageRight’s pro-growth model gives branch managers the freedom and flexibility to run their businesses without corporate restrictions.
3. Refinancing opportunities and dynamic local markets make Virginia a prime location for mortgage branch expansion.
4. MortgageRight supports scaling through internal recruiting, advanced technology, and marketing resources, driving long-term success.
5. Control your business and brand while leveraging MortgageRight’s tools to increase P&L and grow your team.

MortgageRight is seeking high-performing managers and loan officers to cash in on Virginia’s expanding housing market. Virginia’s median home sale price is up 8.6% YOY. This has made Virginia’s mortgage market a hotspot for growth. Because of this, MortgageRight is expanding operations in Virginia. And we want you to join us in capitalizing on this growth opportunity. But why should you join us rather than a large corporate environment or typical net branch?

MortgageRight is committed to its branch managers achieving profitability and freedom without the restrictive nature of traditional corporate environments. This means no layers of management between you and decision-makers and the flexibility to run your business how you see fit. This makes MortgageRight one of the best mortgage companies to work for.

We provide every tool you need to build a sustainable and profitable business, especially in states like Virginia, where we are focusing extra attention. We are a true P&L model with comprehensive technology, benefits, product suite, and in-house marketing support. Our flat-rate fee model and price comparison tool give you full transparency. And we make life easy on you with our 24-hour underwriting guarantee. 

Why Virginia is a Prime Market for Mortgage Branch Growth

Virginia’s economic climate and housing market trends have made opportunities for mortgage branch expansion plentiful. According to the Virginia Employment Commission, the state’s unemployment rate is 1.2% below the national average as of October 2024. The higher employment rate means there’s a larger market of people with expendable income. 

There’s also an ongoing demand for refinancing in Virginia, meaning current homeowners make an ideal customer base for branch managers. At MortgageRight, we believe that refis are low-hanging fruit for bolstering revenue for branch managers. 

It’s easier to know early in the process if someone is a good candidate for a refinance based on payment history. And since they already own the home, the approval process usually takes less effort.

MortgageRight’s Pro-Growth Model

MortgageRight gives branch managers control over their P&L, marketing, and recruiting efforts. This sets us apart as one of the best mortgage companies to work for. We’ve found that giving this autonomy to our branch managers improves morale and, ultimately, production. We also provide in-house marketing support, so you don’t have to worry about the heavy lifting of designing and tracking marketing campaigns.  

There’s also the freedom to scale the business without being pigeonholed into specific roles for profitability, as seen in corporate structures. MortgageRight offers a comprehensive product portfolio that allows you to major in whatever you think will provide the most opportunities for profit. The ability to choose the products you’re the best at selling and leverage marketing to reflect that choice is what sets MortgageRight apart. 

For example, here’s what Scott Horejsi had to say about his experience before MortgageRight.

“We had to make a switch. We did some due diligence, and it came down to two companies: the one that we ended up going with initially, and MortgageRight. The experience we had with the other lender was not tenable. We just had frustrations with underwriting and processing, closing, and funding to a point where we had seasoned loan officers in tears.”

But the contrast since partnering with MortgageRight is remarkable. 

“It has been an absolute joy working with these guys. We’re talking underwriting, closing, and funding—there are very few loans that will not close on time or early… We’re still getting CTCs a couple of days earlier than our contract, I think a critical part of that is that we hire good processors internally… and it is just remarkable. So this is like a dream.”

Leveraging Refinancing and Marketing for P&L Growth

Refinancing is one of the most important strategies for bolstering P&L—especially in a market like Virginia, where refi is still strong. It is also one of the easier services to provide. For one, the client already owns the home. If the income is solid and payment history is good, there usually aren’t many roadblocks to getting a refi approved. 

Further, we’re one of the best mortgage companies to work for because of our 24-hour underwriting guarantee. You don’t have to wait for the next ball of red tape to fall on your head. And when you emphasize refis, the extra capital can be used to market and grow the business. This directly ties into the ability to control your brand.

Since we support (rather than micromanage) branch managers in creating and executing their marketing strategy, you can choose the marketing channels for your various campaigns. 

Scaling Through Internal Recruiting

MortgageRight offers a unique approach to internal recruiting. We give managers the freedom to build their teams as they see fit. You can grow the branch by recruiting loan officers or support staff that align with your goals without corporate interference.

This makes the most sense. Since we aren’t standing over your shoulder dictating how you do business, we don’t see any reason to wedge people in your business who may not be a good fit. 

In a typical corporate environment, the higher-ups often plug employees into your office (or pluck your top staff). You don’t have a chance to vet them properly, and you may not know until it’s too late if they’re going to jive with the other loan officers. 

The kind of internal recruiting we offer at MortgageRight is key to expanding business and driving long-term success.

Control Your Brand and Business

MortgageRight also allows branch managers to control their brand messaging, giving them the flexibility to position themselves in the Virginia market. We’re one of the best mortgage companies to work for because we understand there are cases where marketing that works in one area won’t work in another. 

For instance, a branch manager in Virginia may need different marketing than a branch manager in Georgia due to regional differences in culture, policy, economic conditions, etc. Even being in a large suburban area versus a rural area in the same state can have this effect! 

This freedom is crucial for standing out in a competitive market, compared to corporate environments that may impose rigid marketing strategies. A large corporation usually uses an in-house marketing team to write all its marketing materials, forcing everyone everywhere to use the same material. 

The downside of this is obvious. There are even extreme cases where marketing that works in the Northeast is offensive in the Deep South and vice versa. When this happens, you’re left fighting against your own company to overcome the offputting messaging being read by your potential clients. 

What Makes MortgageRight One of the Best Mortgage Companies to Work For?

MortgageRight is one of the best mortgage companies to work for because our pro-growth model is set up to maximize your profitability, flexibility, and ability to grow without corporate constraints.

Virginia has significant potential as a growing market for mortgage branch managers, and MortgageRight has a system in place for you to command as much business as you want. If you’re an aspiring or current branch manager and want to explore opportunities with MortgageRight, simply visit this link to schedule a time to speak with one of our experienced team members. We’ll walk you through every step of what it takes to have the career you’ve always wanted. The time is now to make a change because the housing and refinance markets are heating up, and we want you to take advantage of it.