As a RELO agent you are assigned a Loan Partner (SHERPA) who will be your direct contact for any and all loan related questions, just like you do it right now. You do not have access to a rate sheet.
Our Centralized Disclosure department handles all Loan Estimates and other disclosures. You work with you Loan Partner (SHERPA) on disclosures and will provide you with a copy.

Unfortunately no. HUD has very broad licensing prohibitions against any type of Dual Employment in real estate related industries. Any mortgage loan originator with an active real estate license cannot be associated with FHA/VA/USDA loans. The prohibition is related to your Dual Employment, not whether you are a party to the real estate transaction. Additional information can be found at 4000.1: FHA Single Family Housing Policy Handbook, Section I. A. 3.c.iv.3.(iv), (v), and (vii).

There are many compliance and technical issues with loan disclosures. We use a Centralized Disclosure department to send out all loan disclosures. Your Loan Partner (SHERPA) will be your GO TO for any and all loan related questions.
[we are confirming. Since the 1003 MLO is the RELO Agent, there obviously is not a regulatory prohibition of providing to the RELO Agent. This must have been an operational thing, probably a better solution]
If you get licensed in September, you will also renew your license in December.
No, you can only be paid on a RELO agent in your downline who was the agent and the loan officer on the transaction. If you recruit a loan officer and they close a loan with an agent that is not in RELO it does not count for your downline.
[there is the standard AFI recruiting program, like 10 bps for 12 months. There has been a consistent, strong position that only Agent loans are included in RELO]
YES! Except FHA/VA/USDA get all your realtor friends to use your link and you will be paid the 50bps.
No you do not. Your Loan Partner will handle all loan related issues.
A Mortgage Loan Originator license for each state in which you personally originate a mortgage or expect to receive income from your down-line originations.
Part-time, outside sales – 20 hours per week maximum. Must have an active real estate agent/broker license and be personally engaged in RE sales. Outside Sales means that at least 50% of the time spent on loans must be away from home office or AmeriFirst office. Pre-background credit and criminal check will be conducted prior to employment. Felonies bar eligibility for employment. Job description will be provided by HR after completing the intake form.
Income is commission-only, paid on the 20th of the following month. There is no hourly pay or salary. You are not eligible for any corporate benefit plan.
You must be licensed before discussing any loan specifics with an applicant. You must be licensed prior to the application date in the case of a down-line applicant.
You have 90 days from the time of registration to become employed. With permission of Management, you could restart the process in the future, but you forfeit any TIER relationship with your referenced TIER recruits once your registration has expired.
Yes, once you fill out the RELO Funding Intake Form we will register your Reference ID. Your Reference ID is the first 2 letters of your first name, first 2 letters of your last name and last 4 digits of your SS# (example John Smith 123-45-6789 would be JoSm6789). You can then share the form and your Reference ID.
No, they are set at a uniform level by the company to ensure compliance with state and federal law.
You must be continuously employed in order to receive the down-line payments. Departure from the company severs the down-line. If you rejoin, you can begin a new down-line tree, but the previous down-line will not be available.
At any time after you receive a reference ID, but before your hire date, you can reposition your level relative to another person you have introduced. This requires approval of affected persons and management. Edit Tier Relationship Form.
You will not be paid any TIER compensation on any loans originated before your employment date.

There are a few scenarios in which loans would not be eligible RELO recruiting Tier Compensation;

  • FHA, VA, Rural Housing Loans.
  • Loans of a TIER RELO Originator in which the application date pre-dates your employment date.
  • Loans closed by TIER RELO Originators in States you (or the branch you are associated) are not licensed.
  • You do not meet a specific Tier member count
Yes, but your overrides will only be payable to the extent you are licensed in such state at the time of customer loan application.
No, as you have no requirement to be involved in the RE transaction in any way to do a loan. You could start a RE transaction process with a customer and they could move to another RE agent. As long as we do the loan, you will get paid. Refinances also count as qualifying transactions.