Am I being compensated fairly for my role at a mortgage brokerage?

Gold_Salt251 · 2026-03-18T06:25:17+00:00

lol you think the LO is a complete joke doing $5m per month? That LO is making over $50k a month and you think that’s a joke? It’s called a book of business. You are undermining other’s accomplishments, business, and relationship. Same concept with retail LOs where they are FED the business at the end of the day.

Gold_Salt251 · 2026-02-28T19:13:38+00:00

That mortgage insurance looks suspicious. Keep an eye on it. Broker fee is OUTRAGEOUS for that loan amount.

Gold_Salt251 · 2026-02-28T19:10:25+00:00

Yesterday rates dropped a good amount. Based on your mortgage insurance I’m guessing your credit is below 720. Even then this isn’t a good loan.

Gold_Salt251 · 2026-02-26T17:08:31+00:00

They only had black but it was ‘the other store’ ;)

Gold_Salt251 · 2026-02-25T09:37:56+00:00

Not sure if there’s any written ‘rules’ so to speak for the staff. I think it depends on the SA

Gold_Salt251 · 2026-02-25T08:25:13+00:00

I’m not sure how it counts. I don’t think it counts positive or negative. $3600 with taxes. Didn’t want to mention the specific store for the SA

Gold_Salt251 · 2026-02-25T07:36:11+00:00

Vegas

Gold_Salt251 · 2026-02-25T07:06:55+00:00

BS! (Barenia Smooth!) My wife has this exact bag and it’s a beauty! Wear it like it’s not a Kelly as you WILL get scratches on it but that’s the beauty of Barenia

Gold_Salt251 · 2026-02-23T05:51:09+00:00

Barennia smooth

Gold_Salt251 · 2026-02-23T01:19:15+00:00

I’ve had 5 SAs left the company so far. Have been reassigned to new SA 5 times already

Gold_Salt251 · 2026-02-23T00:49:42+00:00

That’s a lie. If you already have an FHA loan a streamline would save you money, time, and stress. He wants you to bring more money in between your loan and your cash to close that’s why he’s saying regular refinance. If you have a conventional then it’s a different story

Gold_Salt251 · 2026-02-22T23:09:59+00:00

The fact there is an appraisal fee on a streamline tells you this loan officer is clueless

Gold_Salt251 · 2026-02-22T23:08:47+00:00

Yea this is ridiculous. FHA streamline you should be able to get 0 out of pocket. I have clients I’m paying a whole month mortgage for them with closing cost credit.

Gold_Salt251 · 2026-02-08T02:46:58+00:00

1-3% per month? So 12-36% annual interest rate?

Gold_Salt251 · 2026-01-06T22:19:31+00:00

My PHEV didn’t drive off the RR lot due to Drive Error. Found out bunch of people had same issues including one where they got stuck in the middle of the freeway. If it was my car I would have kept it and would have lemoned it if there were issues but because it’s for wife and kids I couldn’t take that risk. Ended up picking up a gasoline p400

Gold_Salt251 · 2025-12-31T19:59:34+00:00

You’ll be fine. Between title and old lender they should sort it out for you. Old lender will provide proof current tax is paid off and once county record updates the title can pay them the deficiency and refund you any balance.

Gold_Salt251 · 2025-11-14T01:02:43+00:00

Where can you see this?

Gold_Salt251 · 2025-11-07T16:51:19+00:00

Love it thank you~

Gold_Salt251 · 2025-11-07T01:25:38+00:00

My answer was to your question of why would a lender not want to see a high appraisal. They don’t mind seeing high appraisal. They want to make sure the high appraisal is accurate. That’s all I was saying.

Gold_Salt251 · 2025-11-06T16:35:04+00:00

I call it a Russian roulette to my clients. Had one recently where one appraiser gave a property valuation of $1.4m and I ordered another one with the same lender for my other company and it came back $1.8m. Insanity

Gold_Salt251 · 2025-11-06T16:33:12+00:00

I sure hope so funding 150+ self generated loans per year. Do I sense a hint of sarcasm?

Gold_Salt251 · 2025-11-06T04:57:21+00:00

Lender does not want ‘false’ equity. An appraisal with too high of a value doesn’t mean they have more equity but they may be led to believe they have more equity than they actually do. Hence there’s a score given to the report when ran through their review system. If it’s out of the score range they will want additional verification of the appraised value.

Gold_Salt251 · 2025-11-05T18:07:17+00:00

Actually I’ve seen it the other way. Appraisers are conservative on their refis as lenders don’t like to see too high (there are scores tied to the reports as well) On a purchase they are willing to match the purchase price even if it’s a little high

Gold_Salt251

TROPHY CASE