08/08/08
Virtual Loan Originators
DBA- Security First Home Loans [Cover] In today’s uncertain world, alliances are more important than ever. If you are like me, you have spent a lot of time researching and checking out a number of companies that will not only make it in the long run, but allow one to thrive in the short term. Security First Home Loans, a division of Security National Mortgage Company is such a company. SFHL’s parent is a strong, robust publically traded (NASDAQ: SNFC) entity, with an eye on the future of mortgage lending. We have created a system that gives you the support of a nationally recognized and licensed Mortgage Banking platform. So what does this do for you? It allows you to operate independently, yet with full support at your fingertips. You own the clock and your paycheck, with the tools to accomplish your goals. There are no upfront set up fees, or any monthly fees… ever. Commission splits are generous and allow you to earn more as your production increases. Upward mobility for those who qualify, provide for career opportunities that do not exist with our competitor’s. We are building the future of Mortgage Lending, now. If this opportunity is of interest to you, please forward a resume, last 2 year’s 1099’s or W-2’s, with a cover letter describing your production history, business plan overview and any other information that you feel would help us to know you better. We will also require three business references, such as a Title company, Appraiser or Realtor, etc.. Once we have reviewed your information, and like what we see, we will forward a hire package to you for completion. Back ground and drug testing is required. If you have any questions please feel free to contact me. Thanks and I look forward to getting to know you better. Jeff Nelson Production Manager Security First Home Loans, a division of Security National Mortgage Company 550 W. Cienega Ave, Suite H San Dimas, CA 91773 T: 949.273.0708 C:949.632.1976 F:949.313.1210 jeff.nelson@securitynational.com Ps. You are welcome to forward this to a friend!
08/08/08
Virtual Loan Officers
DBA- Security First Home Loans [Business Models] Business Model The business as we know it has changed. Legislative efforts may render being a Mortgage Broker obsolete. The movement appears to be toward restrictions on fees, rebates and tougher disclosures. Question: Are you in it for the long haul? To be ready when the market turns in a position of control and domination? Answer: Build a career with a strong national company and manage your career, your life! It is getting tougher and tougher to not only survive but thrive. SNMC has a solution tailor made for you and your background in the business. Banker? Yes. Governments? Yes. Conforming? Yes. Non-Agency Jumbos? Yes. Multi State? Yes. And when you need it, the ability to broker a loan! Retail Loan Originators If you are a Retail Loan Originator we are a logical choice. Build your own business with little investment, originate or lead a team of hand picked professionals, the choice is yours. Wholesale Account Executives Think about it. Not many Wholesale jobs out there, and many that exist do not allow the income levels that we have all become accustomed to. Question: How do I leverage my book of Mortgage Originator relationships into this new market? Answer: Security First Home Loans. Think of it as Wholesale on steroids. Convert your favorite retail originators into your personal team. Capture 100% of their production and earn overrides similar to what you were accustomed to in the ‘old’ economy. Manage them and your business just like before, with full pipeline control from application though funding. Originate your own loans and now we are talking—income, career and professional satisfaction opportunities that will put a smile on your face.
08/08/08
Virtual Loan Officers
DBA- Security First Home Loans [Overview] Vision Our model is designed to provide the independent Loan Originator with the training, tools and platform to succeed while offering an aggressive compensation package. The opportunity to be affiliated with a national HUD approved mortgage banker and the opportunity to build a team and receive residual income. Job Description Off site loan originator responsible for developing a customer base, and the origination and funding of mortgage loans. A public website, web-based origination software and a company intranet support site with pricing engine is provided. An assigned in house processor will process all loans. Underwriting, docs and funding (closing) support will be provided by one of our 21 regional underwriting centers closest to your borrower. Loan Originators SNMC Loan Originators enjoy industry leading support, features and benefits in several areas: • No start up costs • No “Monthly fees” • Aggressive compensation package • FHA direct endorsement lender offering FHA/VA • Fannie Mae direct seller • Reverse Mortgages • National lender operating in 38 states • Competitive pricing • NO disclosure of YSP or rebate (in-house banked loans) • Upward mobility for top producers • Residual income from company paid “Thanks You Bonus” (TYB) program • State-of-the-art web based LOS • Automatic electronic loan status notifications • E-fax (delivered right to your email) • Free personal customized website and marketing materials • Free database marketing to your business partners and clients • Free online loan status (for your clients and Referral sources such as Realtors) • Free welcome package with business cards and letterhead, etc. • Free corporate email • Free online video training (for loan officers, marketing concepts, etc.) • Free professional performance coaching • Discounted services from preferred partners (credit, DHL, UPS, etc.) • Option to bank or broker loans • Health insurance, 401k and Life Insurance (qualification required) • Presidents Council for top producers (this years trip is to Thailand)
08/08/08
Virtual Loan Officers
DBA- Security First Home Loans [Objective and Support] General Objective Each Virtual Loan Originator is responsible for the following: • Create and maintain ‘synergy’ with processing and operations • Build and strengthen existing relationships with Realtors, Brokers, Builders, Financial Planners and Tax Consultants. • Build a Successful database of referral partners and past clients that will facilitate growth and success • As a Senior Loan Originator, Become a Certified Mortgage Planner • As a Team Leader, assist in maintaining below industry average loan delinquency and default Support—Processing All loans will be processed and packaged at our San Dimas production facility. Each Originator will be assigned an in-house processor who will manage the loans from initial input through funding. All loans will be fully processed with AU findings prior to delivery for Underwriting. Support—Underwriting All banked loans will be underwritten, doc’d and funded by the closest Wholesale Branch to the property. It is our expectation to receive 100% approval ratios on all files. Support—Training Security First University for training, marketing and personal coaching. Support—Virtual Environment Our virtual environment is second to none. Each Originator will have full access to the following: • Free personal customized website and marketing materials • Company Intranet site with access to all rates and product information • State-of-the-art web based LOS • Pipeline and production reports • Capability to pull credit reports and run AU’s • Imaging technology for all documents and conditions ‘paperless’ • Free online loan status (for your clients and Referral sources) • Automatic electronic loan status notifications • E-fax (delivered right to your email) • Free corporate email • Free online video training (for loan officers, marketing concepts, etc.)
08/08/08
Virtual Loan Officers
DBA- Security First Home Loans [Authorized States and Branches]
State where property is located
Alabama Arizona Arkansas California Colorado Connecticut Florida Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maryland Michigan Minnesota Mississippi Missouri Montana Nebraska Tampa Phoenix Oklahoma City Sacramento San Diego Valencia Kansas City Raleigh Orlando Tampa Honolulu Bend Lynnwood Indianapolis Indianapolis Kansas City Kansas City Indianapolis Houston Raleigh Indianapolis Kansas City Houston Kansas City Bend Kansas City Orem Phoenix Sacramento Salt Lake San Diego Sandy Valencia Phoenix Austin Raleigh Kansas City Indianapolis Oklahoma City Bend Portland Raleigh Raleigh Austin Dallas Houston San Antonio Orem Salt Lake Sandy Raleigh Lynnwood Raleigh Indianapolis Bend Close through Dallas until licensing is obtained
Loan must close at this branch. Point of contact listed
Other Notes
Nevada
New Mexico North Carolina North Dakota Ohio Oklahoma Oregon South Carolina Tennessee Texas
Utah Virginia Washington West Virginia Wisconsin Wyoming
Close through SN Life
Equipment Requirements The following Equipment is a requirement to operate as a Virtual Loan Officer: • • • • • • • Minimum—PC based computer with a Pentium or better processor, 256k of Ram High Speed Internet with Microsoft Explorer 7.0 or better. Anti Virus Software Microsoft Office [Word, Excel, Powerpoint] with adequate proficiency Adobe Acrobat Printer Fax/Scanner to upload documents
Action Plan If you do not take control of your life, your circumstances will determine your successes. We can guide you forward with the tools, processes, products and support that will create a career filled with promise and rewards. We can only advise you on the next step, but you must take the leap into the new world. Build your business. Propel your life. If this opportunity is of interest to you, please forward a resume, last 2 year’s 1099’s or W-2’s, with a cover letter describing your production history, business plan overview and any other information that you feel would help us to know you better. We will also require three business references, such as a Title company, Appraiser or Realtor, etc..
Your SFHL Support Team