1. Branch Managers:

At Reliant Mortgage, we value the entrepreneurial spirit of our Branch Managers. Here’s an overview of the compensation plan for this role:

• Base Points (BPS): 275
• Pricing Control: Branch Managers have the ability to control pricing for their respective branches, empowering them to optimize and maximize their income.

2. Responsibilities:

In addition to overseeing the day-to-day operations of the branch, Branch Managers are responsible for certain fees and marketing efforts:

• Credit Reports and VOE Fees: Branch Managers handle the costs associated with Credit Reports and Verification of Employment (VOE) fees.
• Marketing Expenses: Branch Managers have the autonomy to invest in marketing initiatives that align with their branch goals and strategies.

3. Monthly Software Cost:

Managing a branch requires robust software support. Here are the details regarding the monthly software cost:

• Starting Cost: $500 to $550 per month.
• Note: This software provides essential tools and resources to streamline operations and enhance productivity.

4. Performance Metrics:

We believe in rewarding active and successful Branch Managers. However, it’s important to maintain a certain level of production. Here are the guidelines:

• No Production in Last 6 Months: In such cases, a Branch Manager will be required to demonstrate commitment through:
  • 3-Month Reserves for Software: To ensure ongoing access to our software tools.
  • $500 Set Up Fee: A one-time setup fee to cover administrative costs.