Copyright © 2009 - 2012 BlueMantra, LLC. All rights reserved.
Partner C19*
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Federally Chartered Commercial Bank
|
|
100% Profit & Loss including YSP & SRP
|
|
50
|
|
10 units per month
|
|
2 months overhead expenses
|
|
none
|
|
$995
|
|
none
|
|
100-150 basis points
|
|
conventional, FHA, VA, USDA, reverse
|
|
conventional, FHA, VA, 203k, jumbo, reverse
|
|
branch P&L credit
|
|
not allowed
|
|
required
|
|
Encompass
|
|
not allowed
|
|
branch, corporate
|
|
2-4 days
|
|
major medical, dental
|
|
620 FICO, judgments/tax liens case by case
|
*chartered bank
Branch Partners
Chartered Banks
Partner C20*
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
State Chartered Commercial Bank
|
|
100% Profit & Loss including YSP & SRP
|
|
48
|
|
$2.5M per month
|
|
2 months overhead expenses
|
|
$120 per employee + reserves
|
|
$995
|
|
$135 per employee
|
|
75-100 basis points
|
|
conventional, FHA, VA, USDA
|
|
203k, jumbo, reverse
|
|
branch P&L credit
|
|
not allowed
|
|
required
|
|
Avista
|
|
allowed
|
|
branch, corporate
|
|
2-4 days
|
|
major medical, dental
|
|
case by case
|
Partner C21*
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
State Chartered Savings Bank
|
|
100% Profit & Loss including YSP & SRP
|
|
42
|
|
$5M per month
|
|
2 months overhead expenses
|
|
none
|
|
$1,245
|
|
none
|
|
75-100 basis points
|
|
conventional, FHA, VA, USDA
|
|
203k, jumbo, reverse
|
|
borrower credit
|
|
not allowed
|
|
required
|
|
Encompass
|
|
allowed
|
|
branch, corporate
|
|
2-3 days
|
|
major medical, dental
|
|
case by case
|
Partner C22*
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
State Chartered Commercial Bank
|
|
100% Profit & Loss including YSP & SRP
|
|
50
|
|
$2M per month
|
|
6 months fixed overhead, minimum $15k - $25k
|
|
reserves
|
|
$750
|
|
none
|
|
60-80 basis points
|
|
conventional, FHA, VA, USDA, reverse
|
|
FHA, 203k, jumbo, reverse
|
|
branch P&L credit
|
|
not allowed
|
|
required
|
|
Encompass
|
|
not allowed
|
|
branch
|
|
2 days
|
|
major medical, dental, vision, life, disability, 401k
|
|
no bankruptcy or foreclosure within past 24 months
|
Partner C24*
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Federally Chartered Commercial Bank
|
|
100% Profit & Loss including YSP & SRP
|
|
50
|
|
$4M per month
|
|
3 months overhead expenses
|
|
none
|
|
$995
|
|
$160 per employee
|
|
40-60 basis points
|
|
conventional, FHA, VA, jumbo
|
|
conventional, FHA, VA, USDA, 203k, jumbo, reverse
|
|
branch P&L credit
|
|
not allowed
|
|
required
|
|
Encompass
|
|
not allowed
|
|
branch
|
|
2-4 days
|
|
major medical, dental, vision, life, disability
|
|
case by case
|
Partner C26*
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Federally Chartered Savings Bank
|
|
100% Profit & Loss including YSP & SRP
|
|
5
|
|
10 units per month
|
|
lower of 2 months overhead expenses or $5k per employee
|
|
none
|
|
$1,290
|
|
none
|
|
80-150 basis points
|
|
conventional, FHA, VA, USDA, jumbo, reverse, portfolio
|
|
conventional, 203k, jumbo
|
|
branch P&L credit
|
|
not allowed
|
|
required
|
|
Encompass
|
|
not allowed
|
|
branch, corporate
|
|
1-2 days
|
|
major medical, dental, vision
|
|
case by case
|
Partner C30*
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
State Chartered Savings Bank
|
|
100% Profit & Loss including YSP & SRP
|
|
50
|
|
10 units or $2M per month
|
|
$2,000 per employee
|
|
none
|
|
$1,254
|
|
$200 per employee
|
|
60-80 basis points
|
|
conventional, FHA, VA, USDA, jumbo,
|
|
conventional, FHA, 203k, jumbo, reverse
|
|
branch P&L credit
|
|
not allowed
|
|
required
|
|
Encompass
|
|
allowed
|
|
branch, corporate
|
|
2-4 days
|
|
major medical, dental, vision, life, disability, 401k
|
|
case by case
|
Mortgage Bankers
Partner C5
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Mortgage Banker
|
|
100% Profit & Loss including YSP & SRP
|
|
21
|
|
none
|
|
2 months overhead expenses
|
|
$300
|
|
$1,575 - $1,610
|
|
none
|
|
75-100 basis points
|
|
conventional, FHA, VA, USDA, reverse
|
|
conventional, FHA, VA, USDA, 203k, jumbo, reverse
|
|
branch P&L credit
|
|
allowed
|
|
not required
|
|
Point
|
|
not allowed
|
|
self, branch, contract, corporate
|
|
2-4 days
|
|
major medical, dental
|
|
case by case
|
Partner C12
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Mortgage Banker
|
|
100% Profit & Loss including YSP & SRP
|
|
38
|
|
15 units or $2.5M per month
|
|
1 month overhead expenses
|
|
none
|
|
$815
|
|
$250
|
|
75-100 basis points volume incentives
|
|
conventional, FHA, VA, USDA
|
|
203k, jumbo, reverse
|
|
borrower credit
|
|
not allowed
|
|
required
|
|
Avista
|
|
not allowed
|
|
branch, corporate
|
|
1-2 days
|
|
major medical, dental, vision, life, HSA, 401
|
|
660 FICO, exceptions case by case
|
Partner C14
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Mortgage Banker
|
|
100% Profit & Loss including YSP & SRP
|
|
16
|
|
8 units per month
|
|
1 month overhead expenses
|
|
travel to visit corporate office
|
|
$995
|
|
none
|
|
50 basis points volume incentives
|
|
conventional, FHA, VA, USDA
|
|
conventional, FHA, 203k, jumbo, reverse
|
|
borrower credit
|
|
not allowed
|
|
required
|
|
Encompass
|
|
allowed
|
|
branch, corporate
|
|
2-3 days
|
|
limited medical
|
|
case by case
|
Partner C18
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Mortgage Banker
|
|
100% Profit & Loss including YSP & SRP
|
|
12
|
|
9 units per quarter
|
|
2 months overhead expenses
|
|
$2,000
|
|
$625 - $850
|
|
none
|
|
32.5 basis points
|
|
conventional, FHA, VA, USDA, 203k, jumbo, reverse
|
|
conventional, FHA, 203k, jumbo, reverse
|
|
borrower credit
|
|
allowed
|
|
required
|
|
PC Lender
|
|
allowed
|
|
branch, contract, corporate
|
|
2-4 days
|
|
major medical, dental, vision, life, 401k
|
|
case by case
|
Partner C23
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Mortgage Banker
|
|
100% Profit & Loss including YSP & SRP
|
|
20
|
|
10 units or $1.5M per month
|
|
none
|
|
none
|
|
$1,240 - $1,385
|
|
none
|
|
none
|
|
conventional, FHA, VA, USDA
|
|
conventional, FHA, VA, USDA, 203k, jumbo, reverse
|
|
borrower credit
|
|
allowed
|
|
required
|
|
Encompass
|
|
allowed
|
|
branch, contract, corporate
|
|
2-4 days
|
|
major medical, dental, vision
|
|
case by case
|
Partner C25
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Mortgage Banker
|
|
100% Profit & Loss including YSP & SRP
|
|
10
|
|
8 units or $1.5M per month
|
|
1.5 months overhead expenses
|
|
none
|
|
$895
|
|
none
|
|
60-80 basis points
|
|
conventional, FHA, VA, USDA, reverse
|
|
conventional, FHA, VA, USDA, 203k, jumbo, reverse
|
|
borrower credit
|
|
allowed
|
|
required
|
|
Point
|
|
allowed
|
|
branch, corporate
|
|
2-3 days
|
|
major medical, dental, vision, life, 401k
|
|
case by case
|
Partner C28
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Mortgage Banker
|
|
100% Profit & Loss including YSP & SRP
|
|
13
|
|
10 units or $2.5M per month
|
|
2-6 months overhead expenses
|
|
none
|
|
$1,250
|
|
none
|
|
45-60 basis points
|
|
conventional, FHA, VA, USDA, jumbo, reverse
|
|
FHA, 203k, jumbo
|
|
borrower credit
|
|
allowed
|
|
required
|
|
Encompass
|
|
allowed
|
|
branch, corporate
|
|
2-3 days
|
|
major medical, dental, vision, life, 401k
|
|
case by case
|
Partner C31
| • | License Type |
| • | Branch Revenue Model |
| • | # Licensed States |
| • | Minimum Production |
| • | Reserves |
| • | Startup Costs |
| • | Total Per File Fees |
| • | Monthly Fees |
| • | Corporate Margin |
| • | Banked Products |
| • | Brokered Products |
| • | Excess YSP |
| • | DBA |
| • | Commercial Space |
| • | LOS |
| • | Branch Underwriting/Closing |
| • | Processing Options |
| • | Underwriting Turn Time |
| • | Benefits |
| • | Employee Credit |
|
Mortgage Banker
|
|
100% Profit & Loss including YSP & SRP
|
|
10
|
|
15 units or $2.5M per month
|
|
2 months overhead expenses
|
|
none
|
|
$870
|
|
$810
|
|
15 basis points
|
|
conventional, FHA, VA, USDA, 203k, jumbo
|
|
FHA, 203k, jumbo, reverse
|
|
borrower credit
|
|
not allowed
|
|
required
|
|
Point
|
|
allowed
|
|
branch
|
|
2-3 days
|
|
major medical, dental, vision, 401k
|
|
case by case
|
