Tag Archive for: bonuses

Why Heejin & I Turned Down $10 Million

We know a loan officer with a large team who does about half of JVM’s volume – and he was offered a $6 million “signing bonus” to move to another […]Read More

Signing Bonuses = Higher Rates; No Free Lunch In Mortgages

Heejin and I have been offered seven-figure “signing bonuses” (in exchange for aligning with a new mortgage bank) on numerous occasions by large mortgage banks trying to lure JVM under […]Read More

Need Income and Bonus History

We often have self-employed borrowers come to us who are rolling in profits and cash, with perfect credit and everything else a good borrower needs. BUT, they do not qualify […]Read More

Showing Off vs. Sharing Wealth; Sharing Is A Lot Cheaper

I was just reminded of a famous story in our industry about a mortgage company owner who had a great year, so she bought a mansion and hosted her entire […]Read More