How is being a manager for a mortgage branch company different from a traditional mortgage company?
Commonly referred to as “net” branches in the industry, these offices are very similar in structure to those of a traditional mortgage company. The real difference comes in the control and decision making for the offices. “Net” branch managers have the flexibility and control to make the decisions on marketing, compensation, processing, staffing, expenses, and which lenders to place loans with. In a traditional mortgage company, these decisions come directly from the corporate office.
