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  Average Net Branch The AMG Branch Way
Branch Commission Structure Varies, typically volume driven with minimum production levels Flat Fee per Loan
Banker or Broker…that simple
2nd Mortgages Same fee for 1st or 2nd regardless and some do not even allow them! $200.00 per Stand Alone & $100.00 per "Piggy Back" 2nd
Commission Pay Frequency Once per month, sometimes twice. Loans pay out 30, sometimes 60 days after funding. Every Friday, like clockwork                  (See "Loan Disbursement Worksheet")
Loan Officer Pay Frequency Twice a month. Inconvenient cutoff dates and lead times Every business day, just need to call in payroll 48 hours in advance
Close as a Banker or Broker? Can only close as a broker or must give branch company first right of refusal on all deals Close loans as a Banker or Broker at your discretion
FHA? None or need to send out for underwriting Internal Full Eagle FHA Underwriting
Annual Audit Fees You cover the cost or up to $1,000.00 per year $0.00, you sell loans and we worry about Audits and Compliance
Loan Compliance & Audits 72 hours to two weeks! Loans are audited within 24 hours of receipt
Branch Setup Fees Varies, but can be in the thousands $0.00, we are here to help you build a business
File Storage You take the responsibility of storing them at your expense, taking up your space. We store the files, running quality control prior to archiving. Audits take place without you even knowing
Reverse Mortgages What's a Reverse Mortgage? Available through the AMG Reverse Mortgage Department or we will help you get trained
Individual & Branch Websites Do you know HTML? Yes, both get a dedicated e-mail, website and address that are easily customized
Marketing Support Minimal, if any Full line of customizable flyers and mailing pieces. Ability to participate in company wide mass mailers
Benefits You're on your own Full Medical, Dental, Vision and 401K programs with large group discounts
IT Support You're on your own Internal IT department available on demand every business day
Office Supplies You're on your own Pre negotiated prices at 20 - 50% less than store prices through our preferred vendor
Overnight Mail You're on your own Bulk pricing through our preferred shipper UPS
This is a comparative analysis and is intended to compare and contrast Advisors Mortgage Group to other branch networks with the marketplace. This is not specific to any particular company, just a breakdown of typical company operating structures. The above is subject to change at anytime, please refer to the Branch Employment Agreement for full details.
AMG Branch Development Information
Call Luke McCann 877-507-1800 x40