The self proclaimed “best kept secret in the mortgage industry”, at least in the mortgage branching, lendanywhere.com offers an alternative to mortgage net branching.
Lendanywhere introduces you to a Federal Charter allowing you to do business in 50 states. Lendanywhere says you recommend what lender your loan goes through and “refer” loans. Lendanywhere’s minimum quota (5 loans each quarter) might be tough to hit. Again, this process is called referring loans. It’s very likely with tightening mortgage industry rules they crack down on this practice, so we’re not sure how long term this will be.
Try this longer term HUD compliant affiliate mortgage branch.