Looking for a way to earn six figures without sacrificing your precious time and your day job? Look no further! We’ve got an incredible opportunity for you. Our program allows you to work less than 2 hours a week while earning a substantial income. Say hello to more freedom, flexibility, and financial security.
With our proven system, you can achieve the flexibility to enjoy the things you love. Don’t miss out on this life-changing Loan Officer Job opportunity!
Step 1
Complete 20-Hour Pre-Licensing Education
Step 2
Take and Pass the Test
Step 3
Become a Loan Officer at InstaMortgage
Step 4
InstaMortgage runs email campaign on your behalf to your database
Step 5
Start originating loans by spending as little as 30 minutes per client
Step 6
Your assigned relationship manager will complete the loan process
Step 7
You get paid your commission
Repeat
Step 4 through Step 7
Steps 1 and 2 – Education and Testing
You will need to complete a 20-hour pre-licensing education and pass the test. We will help you get signed up with our preferred provider, who will guide you through the process.
Steps 3 and 4 – Onboarding and Marketing
InstaMortgage will sponsor your loan officer license. A 4-hour training customized for you will teach you everything you need to know to perform your duties as a licensed loan officer. We will also put marketing on auto-pilot by deploying email campaigns to your database so you can instantly start getting mortgage leads.
Steps 5 and 6 – You do little; We do the rest
When you get a mortgage prospect, our process is designed to get most of the work done online, like completing the loan application and uploading the documents. You only need to provide the initial consultation and hand over the loan to your dedicated Relationship Manager at InstaMortgage. They will take the loan forward all the way to closing. In most cases, you wonât have to spend more than 30 minutes per client.
Step 7 – Itâs time to get paid!!
Once the loan closes, your commission will be paid within 2-weeks via direct deposit. You will be issued a W2 at the end of the year. You decide how much time you want to dedicate to this job. Highly lucrative with very little time commitment. Itâs that easy. Itâs time to rinse and repeat steps 4 to 7.
Frequently Asked Questions
InstaMortgage is one of the fastest-growing companies in America, with stellar customer reviews, state-of-the-art technology, and a relentless focus on education. It has led the industry in innovation and has received some of the most prestigious business awards. The company has also been named one of the best mortgage companies to work for.
InstaMortgage is led by Shashank Shekhar. He is a bestselling author, a sought-after keynote speaker, a top loan officer, and a podcast host. He is frequently quoted in national media for his expertise. His writings have been published in Forbes, HousingWire, Huffington Post, and Inc magazine. He was named the winner of the â2022 Entrepreneur of the Yearâ Stevie Awards.
The more successful you are, the more lucrative this opportunity will be. The bigger the size of your database, the more opportunities you have. These clients already trust you for financial advice. Combined with our done-for-you marketing and the proven system would mean more income and more flexibility.
We do not essentially need a CPA designation. As long as you have a database of clients who trust you, there is no reason for you not to be super-successful with loan officer job opportunity.
You only need to understand the client’s needs and provide them with some initial information about the proposed loan. After that, send them the link to complete the loan application and upload supporting documents. Our internal team and your relationship manager will take over from there. And unless the client insists on talking to you anytime during the loan process, we will take it to close.
Yes, a 4-hour training session is part of the onboarding process. You will be trained for everything you need to do (refer to the earlier question). And you wil have access to your dedicated Relationship Manager to ask any questions or clarifications at any point in time after the training.
Per closed client, it should require less than one hour of your time. Use the calculator at the top of this page to calculate the time you can expect to spend. Also, understand that youâre doing it on top of your full-time job, so you have complete flexibility on how much time you want to dedicate. You can even choose to work less during your busy months and work more during slow months. Bottomline – no minimum commitment is required, so whatever works best for you. However, the more time you give to this opportunity, the more financially rewarding it will be.
You get paid 50 bps or 0.5% of the loan amount. So, if you close a $700,000 loan, you can expect to get paid $3,500. The only time you could be paid less is if there were any expenses about the loan; for example, you decided to cover the borrowerâs appraisal fee. In that case, that expense will be deducted from your commission.
All our loan officers need to be employees per the guidelines. So, you will be paid a W2.
This is fully compliant, meets CFPBâs Loan Officer compensation requirements, and does not violate RESPA norms. The program has been vetted by one of the top mortgage attorneys in the country. As long as you do the work explained earlier and attend 1-2 virtual company/sales meetings, you will be eligible to receive the commission in a 100% compliant way.
As an outside Loan Officer working part-time, you do not qualify for any benefits.
Please email us at [email protected], and we will get back to you via email and/or schedule a time to talk to you.
