The FreshWater Lending Approach
Our Loan Officers Spend Less Than 45 Minutes per File!
Here's How:
1. Receive Application & Pre-Approval (25 mins.)
2. Send Disclosures for E-Signatures (10 mins.)
3. Final Loan Review & Fee Attestation (10 mins.)
Your Licensed Loan Processor Oversees the Rest of the File for you including:
- Communicating with the Client
- Collecting all Documentation
- Clearing all Items from Underwriting
- Balancing the Closing Disclosure
- Scheduling Attorney and Client and more...
No fees are deducted, so our Loan Officers can focus 100% on growing their business.
Realtor Partners as Licensed MLOs
Realtor, make an additional $1500 on your closings!
FreshWater Lending‘s Realtor Partners:
- Partner with and Loan Officer Assistant
- Assist with Documentation from Borrower
- Provide exceptional Client Experiences
Our Realtor Partners must be a Licensed Mortgage Loan Officer to be eligible to earn compensation. Learn more about getting your license HERE
Our Entry-Level Loan Officers
We get you started at 100 BPS!
FreshWater Lending‘s Entry-Level Loan Officers:
- No minimum closings are required
- Are paid the same day the Loan funds
- Work with their designated Licensed Loan Processor
- Work with our Marketing Coordinator
- Provide exceptional Client Experiences
Our Entry Level Loan Officers are eligible candidates to become a Junior Loan Officer
after reaching the required criteria.
Our Junior Loan Officers
Increase to 125 BPS!
FreshWater Lending‘s Junior Loan Officers:
- Close a total of $250,000 to $1,000,000 per month
- Are paid the same day the Loan funds
- Work with their designated Licensed Loan Processor
- Work with our Marketing Coordinator
- Provide exceptional Client Experiences
Our Loan Officers are eligible candidates to become a Senior Loan Officer
after reaching the required criteria.
Our Senior Loan Officers
Ready to make 150 BPS per loan?
FreshWater Lending‘s Senior Loan Officers:
- Close $1,000,000+ per month for 6 consecutive months
- Are paid the same day the Loan funds
- Work with their designated Licensed Loan Processor
- Work with our Marketing Coordinator
- Provide exceptional Client Experiences
A Senior Loan Officer is an eligible candidate to become a Team Leader after review.
A Senior Loan Officer must maintain $1,000,000+ in average closings per month for 6 consecutive months & meet the required work schedule to remain a Senior Loan Officer with the 150 BPS.
Our Team Leaders
Earn up to 25 BPS from your Team’s Closings!
FreshWater Lending provides an additional income stream for our Senior Loan Officers.
Build a Team of up to 5 Entry Level or Junior Loan Officers and earn up to 25 BPS from their ClosIngs.* All Teams have their own designated Licensed Loan Processor.
*Compensation is based on a full commission of 2.5% paid to the company and will not exceed a total of 150 BPS to the Team Leader and Loan Officer combined. Compensation is only available while recipients are employed and Licensed Mortgage Loan Originators with FreshWater Lending.