Send us a note to find out more about retail branch and loan officer opportunities.
Learn More »Ahead of the Curve
The Branch Opportunity
How long have you been branching?
American Pacific Mortgage has been in business since 1996.
Have the owners of the company ever originated loans themselves?
Yes. The entire management team has originated loans and most have active originator licenses
Who is your top competitor, and why should I not just join them?
That is a fair question. We are unique to the market in many ways. We have a banking and brokering platform that allows our Loan Officers access to all the products in the market. Our major competitors would be the big banks but HEY we sell to them so why would you want to be paid less by the big banks when you could work for us. With APM you will make more money and have the big banks products.
Are there any upfront fees I must pay to APM in order to become a branch?
No. The only costs up front are those necessary to cover your personal NMLS licensing.
Is there a franchise or territory fee?
No
Who is responsible for the state and local licensing fees?
All Branch Managers and individual loan officers are responsible for their own NMLS licensing fees. American Pacific Mortgage will cover all other initial branch national and state fee requirements.
Who pays for office and other business expenses?
As a HUD Approved company the APM accounting department will pay all branch bills once approved by the branch manager. The branch P&L needs to support the over head of the office.
How will rate sheets be delivered?
Our rate sheets are published daily via a shared website that you may view 24/7. Live pricing is available on our easy to use pricing engine.
Does American Pacific Mortgage handle any loan processing for its branches?
Yes however, we believe a branch is more successful if a processor is on the team within the branch.
What other back-office support is there for me?
Accounting, Human Resources, Compliance, Marketing, Information Technology, and Licensing.
Getting Paid
Do you pay a 1099 or W2?
All employees of American Pacific Mortgage are W2 wage earners
How much can your top performers make?
The sky is the limit, this is determined by how hard a Branch Manager or Loan Originator wants to work.
How soon after the loan is closed, will I be paid?
Loans closed between the 6th and 20th each month are paid out on the last day of the month and loans closed between the 21st of the current through 5th of the following month are paid out on the 15th.
Do you take out all the local, state and federal taxes and handle the payroll for me?
Yes.
Will I be paid with a check or via direct deposit?
This is your individual choice but we encourage direct deposit.
Company Benefits
Do you have a 401(k), health or medical insurance, dental insurance and vision care?
Yes, we provide all of the standard benefits to our Branch Managers, Loan Officers and other employees.
Company Guidelines & Policies
Do I need any career experience requirements or can I join with little or no mortgage experience?
Yes we ask that our Branch Manager have experience managing a branch or have had a successful history of loan origination.
Do I have to close a specific amount of volume per month?
Yes, we require a minimum of 10 Closed Loans per branch per month. But we recognize their may be a transition period when moving your branch to APM and will work with you during this period.
Do I get to use any lender I want?
American Pacific Mortgage is a lender and will provide all the support you need to be competitive, close loans fast, and operate profitably. In the case of not being able to offer a specific solution you will have the ability to broker with one of over a dozen Portfolio Lenders.