BlueMantra has partnered with 6 federally or state chartered banks looking to expand
their mortgage net branching program. With over 10 years of experience, we have
successfully placed over 200 branches with our Partners. We are also proud to say
that over 80% of our placements are still going strong with their original Partner.
Federally and state chartered banks offer a unique opportunity for mortgage
originators - the ability to originate loans throughout the US without the need to meet
each state's individual licensing requirements.
A chartered bank platform also gives you the ability to quickly grow your branch by
hiring existing, unlicensed Loan Officers from your competing local banks. You can
even hire new, unlicensed Loan Officers without having to wait weeks or months
before they actually start producing.
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Producing or Non-Producing P&L Managers allowed
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100% net revenue to the branch
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Freedom to originate in all 50 states without the need to obtain state specific Loan Officer licensing
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Competitively priced in-house banking platform
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Fully delegated FNMA, FHLMC, FHA, VA, USDA along with in-house Jumbo, non-QM, Reverse, CTP, specialty bank Portfolio products
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Control over hiring decisions, branch margins, fees, LO compensation, YSP overage, concessions
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Reasonable production requirements
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Ability to open multiple branches across the USA
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Marketing, Recruiting, Training support
Chartered Bank Branch Programs
If you are ready to ready to learn more about branching with a chartered bank, then Get Started now!
