NEIGHBORHOOD HOUSING SERVICES OF KANSAS CITY, INC. LOAN ORIGINATOR FREQUENTLY ASKED QUESTIONS
Question: What is the first step to becoming an NHS Loan Originator? Answer: Sign and return an Employment Agreement Question: Why should I become an NHS Loan Originator? Answer: To help NHS spread the word about its excellent loan products and to help NHS combat predatory lending. Question: How do I market the products? Answer: Tell your neighbors, co-workers, have a block party, distribute the Loan products Overview with your name and phone number documented in your local neighborhood, church organization, school organization, social network, etc. Question: How do I insure receipt of my $200 origination fee? Answer: Make sure that your contact completes the Prospective NHS Customer Profile and lists you as the NHS Representative. TIP: Have your name filled in on the Prospective Loan Customer Profile Form as the NHS Representative before you distribute the form. Question: What do I do when I run out of copies of the Prospective Loan Customer Profile and/or Loan Product Overview? Answer: Go to the Home Loans Section of the NHS web site at http://www.nhsofkcmo.org or feel free to make copies. Question: What if the Prospective Loan Customer asks, “Who is NHS?” Answer: NHS is a not-for-profit, community development corporation. Its mission is “to revitalize and maintain designated urban neighborhoods as vibrant areas that attract people who value diversity, historic architecture, security and community. Question: What do I do if my prospective customer wants more specific information about loan products before they are willing to sign the Prospective Loan Customer Profile Form? Answer: Encourage your prospective customer to contact an NHS Loan Officer at 816-822-7703. Question: What if the Prospective Loan Customer asks about interest rates? Answer: We will periodically distribute rate sheets to all NHS representatives. The Prospective Loan Customer may contact an NHS Loan Officer at any time to obtain current information about our loan rates.