How is Net Branching Different From a Traditional Mortgage Branch?
A mortgage net branch office is not unlike a traditional brick and mortar mortgage branch operation. Typically, you find the same internal structure you’d find in any mortgage branch. The real difference comes in the control an independent net branch provides Vs. the typical control being part of a more traditional multi branch mortgage company. As a net branch, you are really not independent, you are a part of a mortgage operation that allows you the flexibility and control an individual branch owner would have. Flexibility in compensation plans for loan officers, file costs, and low cost expanded lending Vs. the investment a small independent branch would have for state expansion.
