Posted by Anonymous on 5/19/05 12:48pm Msg #39008
You will be paid only if loans closes
Does this sound familiar:
You will be paid a fee for each closing that successfully closes and does not cancel, rescind or otherwise does not fund. The fee will be agreed upon in advance and there are no other payments for charges of any kind or type.
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Reply by Charm_AL on 5/19/05 12:50pm Msg #39010
yes it's familiar, it's a 50/50 and if you sign up you know it in advance.
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Reply by SarahBeth_CA on 5/19/05 1:02pm Msg #39016
There's no way I would sign up for possible no pays. I am hired to complete a specific job, which I do correctly. My fees are for my services period. Whether or not the loan funds is not my concern.
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Reply by ColleenCA on 5/19/05 1:11pm Msg #39019
I agree SaraBeth! Our job is complete once all docs are notarized and signed correctly. We are not working on commission, but on an agreed upon salary.
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