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MortgageRight Press Releases

December 2021

Mortgage Right, Net Branch Program Gives People the Opportunity To Close Loans Faster

The program is designed for net branches and branch companies to earn higher BPS while selling at lower rates, which should and often translates to faster closing loans.

New York City, NY – Mortgage Right has a program that is designed “by producers for producers” in the words of the company. The program gives net branches, and branch companies access to much better pricing, allowing them to win more deals and offer better rates to clients, essentially translating to helping them earn more money. In addition, a net branch will get more deals, making it a win-win ecosystem.

Normally in the mortgage industry, branch managers and loan managers are either paid a higher BPS and sell at higher rates or get much lower commission spilt if they sell at lower rates. Branch companies have had to operate using this basic methodology.

While some companies were offering attractive rates to increase sales, they were in turn, paying the salespeople peanuts. Other net branches probably offered a slightly better deal with a higher comp, but the rates were so high that selling was challenging, often at the cost of disgruntled customers and a lack of referral sources. So, producers would need to earn the money twice. The first time by getting the loan and then again by paying what’s called a “success tax” after they brought it in. However, Mortgage Right says that it does not have to be one or the other.

Readers can find out more about Mortgage Right by visiting the company’s website at https://branchright.com.

“Honestly, we didn’t buy into this practice. At the end, it always means that the company is profitable, but the producer who does the hardest work gets the least amount of money. So, they had to be a better way. That led to the creation and launch of our origination platform that gave branch managers who produced the best of both. Back then, we were called crazy and were predicted to go bankrupt soon,” said a representative for Mortgage Right.

She added, “But we proved them wrong, and with it, we now offer higher comp and lower rates.”

About Mortgage Right

Mortgage Right is best known as the company that turned the mortgage industry on its head by offering producers a fair deal. The company’s program is created by produces and for producers.

March 2022

MortgageRight Explains Net Branch Mortgages

NY based MortgageRight is reaching out to the wider community to explain net branch mortgages. MortgageRight provides a net branch alternative for branch managers and helps them work more efficiently by being part of a bigger group. Those who want to learn more about the company are invited to visit the following link: https://branchright.com/.

Alvaro Moreira from MortgageRight says, “Mortgage net branches can be quite a confusing topic, especially for those who have not had much experience with the term. We get a lot of questions about net branch mortgages from potential investors seeking an opportunity to make inroads into this niche, and also from people wondering how they can access a mortgage. That’s why we have decided to clear up some of the confusion surrounding net branch mortgages and provide a bit of clarity on the topic so you are able to make the right decisions for yourself.”

MortgageRight explains that a mortgage net branch is defined as a smaller branch of an established financing institution which works under the license and broad supervision of the parent entity. Mortgage branch operators working within a net branch structure have the ability to direct and manage the daily operations of their business — while avoiding many of the delays, expenses and administrative hurdles of obtaining their own brokerage license.

According to MortgageRight, those who are looking into having a net branch should have a minimum experience of 5 years in the industry, two years of which must be recent. With the help of MortgageRight, mortgage professionals who are setting up net branches have affordable, priceless and size-based lead mechanics that can be channeled to their personal wants. With lead generation, they are set to experience the fruits of large pricing mechanics that will make their profits soar.

MortgageRight also points out that there are many reasons why a mortgage professional may decide to become a net branch associate. For one, they have individuality, allowing them to fix their timings and monetary levels, because, at that level, all modalities are set to be within such an associate’s pace. In addition to that, other benefits include multi zone developments, being able to quickly meet secluded guidelines, improved investor relations, immediate input compensations, ability to reach new commercial levels, large pricing on lead generation and of course, the fact that they will get the full percentage of the commission. Learn more about net branches here: https://branchright.com/common-net-branch-faqs/.

MortgageRight takes an active interest in their community’s well being, and a part of this is rooted in the belief that informed decisions always lead to better outcomes. Notably, this commitment has been received extremely well by the company’s clients and other parties, many of whom have left glowing reviews online.

Joshua Beard writes in their review, “MortgageRight is a great company, and I am a repeat customer. Tanner Allen and his team in the Birmingham office were extremely helpful and professional in walking us through the mortgage process. They provided excellent customer service and made the process as easy as possible throughout the application and underwriting process. I really appreciated the way they got our application processed and ready to close in a timely manner, which allowed us to focus on our move. I highly recommend MortgageRight.”

Meanwhile, in another review, Dawn T. says, “As a financial problem child with a terrible debt to income ratio, I tried multiple times to refinance in the last two years with numerous banks/credit union/mortgage companies. It wasn’t until I was referred to Dave Molde with Mortgage Right that I was able to finally refinance. Dave navigated me through the arduous process along with Camie Funk. They couldn’t have been nicer or accommodating. I’m now on the road to financial freedom thanks to those two!”

Moreira says, “MortgageRight is here to help you. We remove the speed bumps on the road to homeownership. With locations nationwide lending directly to homebuyers, we cut out the middle man, ensuring a fast, worry-free process. We believe that this is the right way to do a mortgage!”

Those who are interested in learning about the full range of services provided by MortgageRight should visit the company’s website for more information. Alvaro Moreira encourages people to get in touch with him via phone or email. MortgageRight also maintains a social media presence; social media users can find them on Facebook and Twitter. Their previous press release can be found at https://www.pressadvantage.com/story/48687-mortgage-right-net-branch-program-gives-people-the-opportunity-to-close-loans-faster.

April 2022

Mortgage Right, Net Branch Program Gives People the Opportunity To Close Loans Faster 

The program is designed for net branches and branch companies to earn higher BPS while selling at lower rates, which should and often translates to faster closing loans. 

New York City, NY – Mortgage Right has a program that is designed “by producers for producers” in the words of the company. The program gives net branches, and branch companies access to much better pricing, allowing them to win more deals and offer better rates to clients, essentially translating to helping them earn more money. In addition, a net branch will get more deals, making it a win-win ecosystem. 

Normally in the mortgage industry, branch managers and loan managers are either paid a higher BPS and sell at higher rates or get much lower commission spilt if they sell at lower rates. Branch companies have had to operate using this basic methodology.  

While some companies were offering attractive rates to increase sales, they were in turn, paying the salespeople peanuts. Other net branches probably offered a slightly better deal with a higher comp, but the rates were so high that selling was challenging, often at the cost of disgruntled customers and a lack of referral sources. So, producers would need to earn the money twice. The first time by getting the loan and then again by paying what’s called a “success tax” after they brought it in. However, Mortgage Right says that it does not have to be one or the other. 

Readers can find out more about Mortgage Right by visiting the company’s website at https://branchright.com

“Honestly, we didn’t buy into this practice. At the end, it always means that the company is profitable, but the producer who does the hardest work gets the least amount of money. So, they had to be a better way. That led to the creation and launch of our origination platform that gave branch managers who produced the best of both. Back then, we were called crazy and were predicted to go bankrupt soon.” Said a representative for Mortgage Right. 

She added, “But we proved them wrong, and with it, we now offer higher comp and lower rates.”

About Mortgage Right 

Mortgage Right is best known as the company that turned the mortgage industry on its head by offering producers a fair deal. The company’s program is created by produces and for producers. 

May 2022

Mortgage Right, Promises To Improve Income For Net Branches

New York City, NY – The leading mortgage company announced that net branches could make more money because of highly competitive pricing models. The competitive pricing makes it highly lucrative for brokers to partner with Mortgage Right.

Leading Mortgage broker, Mortgage Right, announced that its Net Branch operators stand to make a significant profit given that they can take advantage of highly competitive pricing. Mortgage Right encourages entrepreneurs in the lending industry to partner with them in the form of a registered net branch, which according to the company, helps “them get access to lower rates thus making more money.”

Opening up a net branch under license from a mortgage broker like Mortgage Right may be the best business decision for many in the financing industry. One of the reasons is that Mortgage Right offers a laundry list of incentives, one of which is being able to pay high produces even more than any other company. Plus, the profits are excellent, thanks to the company’s competitive pricing structure.

Readers can find out more about Mortgage Right and the company’s net branch incentives by visiting https://branchright.com.

Simply put, a net branch is an extension of the mother company’s business in another state without incurring costs. Net branches allow larger companies to expand their business beyond their local borders and offer, in this case, mortgage products to consumers in new areas. The benefit of doing business with a net branch is that the larger company can be closer to its customers. A net branch allows customers to find a company’s products near where they live, which saves the mother company hassle and improves its reputation. The savings are then passed to the operator of the net branch.

A net branch has many advantages over traditional branches, but the company should be able to offer a robust support system, so things move smoothly.

“At Mortgage Right, we provide our net branches with just about every type of support they need and then some. Plus, there is the prospect of making more money and capitalizing on our already highly reputed brand name, which offers far more advantages than starting from scratch,” said a representative for Mortgage Right.

Mortgage Right is one of the leading mortgage brokers in the United States. The company is known for offering excellent customer service, highly competitive rates, and the opportunity for its net branch members to make higher profits.