Posted by Jules/CA on 11/11/10 7:34am
Msg #360746

Mortgage Connect LP

I, too, have received their "book" of an application/contract. I haven't filled it out yet and then they called me for a signing today. They asked me how much I charge and I told them $100. and I wanted an additional $10. for fax backs. Unless a company gives me at least 5 signings a week regularly, I won't accept $75. When you do that many signings for 1 company you practically get the loan packages memorized and you get faster and faster. But those companies that only give you a signing here and there, I won't accept less than $100. I have enough companies paying me what I want that I don't need to accept $75 from the people who only give you a signing hear and there. This is just my opinion though.
As far as all this info they want, I will fill out what I think is necessary, leave the rest blank and if a company doesn't like it then I don't need to be working for them.

Reply by Penney/CA on 11/11/10 11:08am
Msg #360783

I have been getting quite a few "agreement packages" they want you to sign for $75 and LESS per signing. I repectfully decline and let them know the reason. That is ridiculous, especially when the edocs are 150+ pages.

Reply by JimAZ on 11/11/10 2:28pm
Msg #360821

I did one for Mortgage Connect last month for $100. It was 2 miles away and the only fax backs were important documents. Approximately 18 pages. The best part, I was paid in 4 days. I'll take business from them anytime with that kind of payment terms.

Reply by Jason Berger on 11/11/10 3:58pm
Msg #360842

It's tough, because here in Jersey, at least for me, these are mainly the types of closings I get calls for. I've been working in this business on and off for two years, and have completed about 170 signings...nothing great, but a good number to let people know I'm capable. These seem to be the only signings I get though, which kinda sucks. It is what it is though, I guess.

Reply by KARA/NJ on 11/11/10 10:01pm
Msg #360921

$75 is their starting point...I've negotiated higher with them. If they need you, they'll meet your fee.

Reply by Dollface/NY on 11/18/10 1:55pm
Msg #361834

They will pay $$$ if you ask. I had no problem getting my fee.....although, I only worked for them once, so maybe they were in a pinch. I did get my check in one week though.

Reply by Illa/NC on 2/6/11 4:20pm
Msg #371746

Be careful of their contract. One of the terms is that you agree for them to share your SSN with whomever they choose; and they are not flexible on this term. I did NOT sign their contract.