
At First Choice Lending Services, you’ll enjoy a comprehensive benefits package, including:
- 401K
- Health Insurance
- Dental
- Vision
- Competitive pay plans
- And much, much more…
Achieving lasting success as a First Choice Services Team Member
Why work for a Correspondent Lender vs. a Broker?
Enhanced Compensation Opportunities
- Higher earning potential as correspondent lenders can charge more for loans
- More flexible compensation structures
- Greater control over your pricing and margins
Borrower Privacy Regarding Your Compensation
- Unlike with brokers, your compensation is not disclosed on loan estimate documents
- Creates a more comfortable experience when discussing loan options with clients
- Focuses on conversations on loan benefits rather than compensation details
Multiple Investor Relationships
- Ability to submit loan packages to multiple investors simultaneously
- Maintain multiple rate locks across different investors
- Find the best execution for each borrower’s unique situation
- Greater flexibility to shop for best pricing and programs
Increased Control Over the Loan Process
- More authority regarding loan conditions and underwriting decisions
- Direct relationships with underwriters for faster resolution of loan issues
- Ability to advocate more effectively for borrowers
