Monthly Flat Fee.
With direct fund access and flexible compensation, receive funds directly to your business account via wire or checks from title companies. Enjoy the convenience of paying your loan officers with a customized compensation plan tailored to your needs.
Experience the Raw Pricing Advantage with Mini-Corr., offering unique raw pricing not available in any other Affiliate Program. Enjoy Lender Compensation Flexibility by setting up your Lender Comp with each loan, eliminating the need for quarterly setups.
Speedy Closings:
Consistently close loans in less than 10 days.
No Overlays Advantage:
Close more loans without unnecessary restrictions. No Repurchase Agreements: After 6 months, enjoy no repurchase agreements and no buybacks.
Direct Underwriter & Processing Access: Gain direct access to our experienced underwriters and processors, allowing seamless communication and collaboration to structure loans effectively. This direct interaction is vital for addressing key considerations such as income verification, debt-to-income ratios, and credit assessments, ensuring a smooth and successful closing process for your clients.
Utilize Your Customized Loan Sifter: Tailor margins and locks precisely to your specific requirements, maximizing efficiency and control over your lending operations.
Cutting-Edge Software Integration:
Harness the power of our advanced LOS software (LendingPad) to manage and regulate the visibility of information for your loan officers, ensuring streamlined workflows and enhanced productivity.
Select from a vast network of over 100 lenders, providing options in broker or Mini-Corr (RAW PRICING) formats, guaranteeing a reliable pathway for loan closures. Explore the Delegated channel boasting an impressive 98% closing ratio, ensuring seamless transactions. Benefit from 100 BPS Lender Paid on various Mini-Corr loan programs such as Const/Perm, 203K, Manufactured, Reverse, DPA Programs, and Non-QM Loans, expanding your opportunities for successful lending outcomes.
Simple Fee Structure:
Pay a flat fee of $2,500/month and close as many loans as possible in a month.
Efficient Financial Setup:
We arrange a dedicated checking account for all your earnings, including overrides and bonuses. Set your lender comp on every deal.
Direct Fund Reception:
Receive funds directly to your business account via wire or checks from title companies.
Flexible Compensation Plans:
Pay your loan officers at your convenience, setting up a compensation plan that suits your preferences. For example, set up your loan officers at 250 basis points (BPS) and lock loans on the mini-corr channel at 350 BPS, allowing you to retain 100 BPS.
No P&L Constraints: Enjoy the freedom to use your funds as you see fit, without unnecessary P&L restrictions.
Customized Margins and Locks: Utilize your own LoanSifter to set up margins and locks according to your specific needs.
Advanced LOS Software (LendingPad): Leverage state-of-the-art software to control what your loan officers can and cannot see.
Extensive Lender Network: Work with over 100 lenders, choosing between broker/Mini-Corr/non-del (RAW PRICING) options to ensure a suitable place for closing your loans. In cases where that doesn’t work, utilize the Delegated channel with an impressive 98% closing ratio.
Me and my son joined Obsidian in July 2023, we produce 5 to 8 million a month. I use nothing but the non-del and delegated platforms so I can max out the compensation. We have a presence in the Chinese realtors’ offices here in Orange County, CA. I have had 6 loans so far that I sent non-del where the lender turned down the loans. I spoke to my RM Jennifer, and we sent the files to the delegated channel and closed on time with all borrowers, anywhere else the files would have been dead. We really like it so far.
