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Our Branch
Partnership
Program which
was formerly
know as a “Net
Branch”, allows
street-smart
loan originating
entrepreneurs
the best
opportunity yet
to increase loan
production,
revenues and
personal income.
We give you the
competitive
edge. Benchmark,
has little debt,
excellent cash
reserves and is
growing rapidly.
We are Direct
Lenders
nationwide. We
anticipate
licensure in all
51 jurisdictions
soon. We have
the banks and
investors you
require. Our
pricing is
competitive, our
technology
platform superb,
and we are
dedicated to
giving you
unsurpassed
branch support.
Here are a few
of our
distinctives:
Ease of
Transition:
We can
approve you
quickly! We can
email you our
application
today and the
approval process
takes about a
week from start
to finish. Once
approved, our
Licensing and
Compliance
experts will
immediately
assist you with
your branch and
Loan Officer
licensing (as
required
state-by-state).
We have a
Transition Team
specifically to
assist our new
Branches by
providing you
with
comprehensive
training on our
systems and
processes. They
will assist you
in switching
over your 1003's
to Benchmark as
fast as possible
and streamline
your next
funding and
paycheck. It is
their job to
ensure that your
transition
process is as
smooth as
possible!
100%
Commissions:
We
extend 100%
commissions on
banked as well
as brokered
loans, net of
expenses, as
detailed in our
Branch Manager
Agreement. Our
Branch Managers
simply remit a
small fee of
$375 on banked
Conventional
loans, $450 on
Government and
$525 on Brokered
loans. There are
no other hidden
charges.
Benchmark does
not penalize its
Partners with a
3/8ths to 1/2
point "hit" on
brokered loans
and we have no
"first right of
refusal"
requirements.
State
Licensure:
We are
licensed in 47
states with
applications
pending in the
remaining 4
states. We
anticipate
licensure in all
51 jurisdictions
soon. Please
click on our
Licensed States
button on the
left side of our
Home Page for a
current map and
stay tuned as
we’re picking up
the final states
very rapidly!
Training:
We offer
initial and
ongoing
training. We
incent our new
Partners with
transaction fee
credits to help
reimburse them
for their travel
expenses to fly
to our corporate
offices in
Dallas for the
initial
training. It is
delivered on the
second Thursday
and Friday of
each month. This
training is
delivered on a
reservation
basis. Training
in this
hard-hitting two
day session
includes our
Policies and
Procedures, HR,
Accounting, our
Products, our
Paperless
submission
process, our
Pricing Engine,
Technology
Platform, our
QuikQual
automated
underwriting
engine, our
Mortgage
Dashboard LOS,
Marketing, Lead
Generation and
all the secrets
of enjoying
start-up success
with Benchmark.
From
time-to-time, we
also deliver
full day FHA/VA
Training
Seminars to our
Branch Managers
as well as other
specialized
trainings.
Licensing
& Compliance:
Our staff of
state licensing
and compliance
specialists
guide our
Partners through
the complex and
constantly
changing laws
state-to-state.
We are experts
in guiding you
through the
complexities of
originating on a
multi-state
national
platform.
Together with
our corporate
Counsel, our
compliance
department
converts the
details of the
latest laws into
basic plain
language
guidelines for
our employees to
stay compliant.
Accounting:
Benchmark
employs a full
service,
experienced
mortgage
accounting
department. We
understand the
needs and
nuances of a
mortgage office
and take care of
everything from
accounts payable
to payroll, tax
reporting and
other accounting
functions that
may currently
take away time
from your profit
generating
origination
activities.
In-House
Underwriting,
Funding,
Shipping and
Secondary
Marketing:
Benchmark
does not
outsource any of
these functions.
We do it all
in-house so that
we have control
over the
complete
process.
Technology
Platform:
One of the
finest in
America. We
offer you a
turn-key
Web-based system
that you can
access 24/7 from
anywhere on
earth with an
Internet
connection. It
starts with
Webtrac?, a
powerful Web
site that
provides a
24-hour vehicle
to connect you
to your
pipeline. Add
DataTrac?, our
"hub" for all
critical loan
information.
DataTrac's
extensive
reporting
capabilities
provide
management the
ability to
maximize and
monitor our
lending process
between all of
our departments
– Underwriting,
Secondary
Markets, Docs,
Funding,
Shipping,
Accounting,
Servicing, and
Insuring.
We utilize
Vuecentric’s
state-of-the-art
Web-based Loan
Origination
System (LOS)
called,
"Mortgage
Dashboard?" that
will help you
remain ahead of
the curve.
Mortgage
Dashboard is
truly Web-based.
There is no
software to send
out, download or
upgrade ever.
You will now be
able to
originate loans
from anywhere at
any time with a
Web-connected
PC! In addition
to being
extremely
intuitive and
easy to use,
Mortgage
Dashboard is
fully integrated
with automated
underwriting
engines.
Mortgage
Dashboard also
functions as
Benchmark's Loan
Officer
Portal--in one
window you can
originate,
present for
approval and
submit loans for
underwriting,
closing, funding
and payroll.
This system is
seamlessly
integrated! Very
importantly,
Mortgage
Dashboard also
allows us to
standardize our
disclosure
documents
state-by-state
to maintain
compliance. This
is very
important in an
increasingly
stringent
marketplace. All
nationwide forms
and compliance
documents are
automatically
generated when
originating
loans through
Mortgage
Dashboard. This
reduces
compliance risk,
wastes less time
and resources,
and allows you
to be more
competitive than
ever.
Service &
Support:
We take care
of your
accounting:
Accounts
payable;
payroll; tax
reporting;
auditing
administration
to the agencies,
states and
investors; and
other functions
so you can focus
on originating.
You can easily
manage your
Branch Account
by using AMB,
our online
portal.
Client for
Life Program:
Benchmark has
partnered with
SendOutCards to
create a deeply
discounted
series of cards
specifically
designed and
content-written
for ease in
send-out.
Examples of the
cards include:
"Thanks for
Choosing
Benchmark;"
"Relax - We've
Got It!"
"Mortgage
Planner;"
Realtor Thank
You;" "Realtor
Closing;"
"Client
Closing;" "One
Year Anniversary
In Home;"
"Referral
Thanks:" And,
"Follow Up
Equity
Repositioning."
These beautiful
pieces can even
be customized
with your
personal
handwriting and
signature and be
sent out
sequentially as
if on autopilot!
Retention
Rate: We Are
Your Last Home!
Our retention
rate is
extremely high.
Benefits
Program:
Major
Medical and 401k
programs
available.
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