

In order to join our company you will need to first fulfill the minimum Colorado State Mortgage Broker Temporary License requirements (A-E below). Next you will need to read and sign the employment contract with Realty Plus Mortgage, complete the W-9 and then we will install Calyx Mortgage Software (F-G below). In order to receive a temporary license, a licensed mortgage broker (Realty Plus Mortgage) must sponsor the mortgage broker whose application is pending. At this point, you will be given a Colorado Temporary License within 5 business days that allows you to originate loans immediately, on a 120 day temporary basis. Then after the State reviews all paperwork a final license should be issued by the State of Colorado prior to the 120 day expiration.
NOTE: Upon completion and acceptance, a USER ID and PASSWORD is assigned allowing you access to Affiliated Brokers our fully functional templates.
Realty Plus Mortgage reimburses mortgage brokers 65% of all startup fees up to $707, after issuance of a temporary license and their first "static" closing.
(Total Cost $1087)-($707 Reimbursed Cost)=$380 NET COST after 1st close; Earned Banking Fee on AVG/LOAN/FEE at 35% payout=$1100 at 1st close; EXAMPLE: Net Income at 1st closing=$720 ($1100 Fee Income-$380 Costs)