What is an ILO?
An ILO is an Independent Loan Originator. ILO’s are experienced and licensed loan originators who do not want or need to be micromanaged. They thoroughly understand the loan process and constantly seek out to build more of their loan business. They enjoy keeping most of or in our case all of their hard earned commissions. ILO’s originate at their level of expectations and not of others while maintaining the control and direction of their business. ILO’s are responsible for all of their expenses as well as responsible for their origination efforts, direction of loan processing and loan product placement.
