We find that the following application allows us to determine which prospective new Lenders best meet the lending needs of our clients. Please note that all Lender partnerships are developed over time and this application serves ONLY as the first step in developing that partnership. Thank you for your interest in the Get Broker Marketplace. We are a unique company that will connect filtered consumers with you for mortgage loans, home equity loans and home equity lines of credit. MyLoan123 offers the opportunity for the local lender to receive only consumers in a designated Metropolitan Statistical Area, dovetailing with your current marketing/branding. This will enable you to grow market share in your backyard, where you have the greatest sphere of influence, through cost effective internet origination. Founded in 2000, MyLoan123 is an online exchange that connects consumers with Lenders and REALTORS. MyLoan123 has facilitated nearly $20.7 billion in closed loan and real estate transactions since its inception, serving more than 9.5 million consumers. MyLoan123 currently receives in excess of 37,000 completed qualification forms per month. We find that the following company information allows us to determine which prospective local lenders best meet the lending needs of our clients, the consumer. This process allows you, as a local lender, to determine what type of volume to target and expect from MyLoan123. Our ongoing objective is to benefit borrowers and local lenders as our respective business models grow. Please note that the following application is not an agreement to conduct business. MyLoan123 Local Lender costs include the following: - Transmit fee for each lead
- Closed loan fee
- Pay one time set-up fee of $5,000 and a $2,500 security deposit. All invoices for set up fee, security deposit, transmit fees and closed loan fees will be paid by credit card.
The set-up includes but is not limited to: - License and continuing right of the lender to participate as a lender on the Site.
- Advertising, marketing and promotion by MyLoan123 of the Site and the lender’s participation on the Site.
- Incorporation of lender logo/identifier and lender description on the Site.
In order to be considered as a local lender for the MyLoan123 Network, you must complete the following MyLoan123 Network Application. Please complete the Network application in its entirety. Once the application has been reviewed, we will contact you via email and/or phone to go over approval or decline and next steps. Please allow a minimum of two weeks for processing. Thank you for your interest in the Get Broker marketplace at MyLoan123 . * Required fields |