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Bulletin Board
As of January 2023 Allstar Brokers Network / Homeland Mortgage Processing fees have change:
CONVENTIONAL / FHA / VA $900.00 JUMBO $1100.00 NON – QM $1100.00 STAND ALONE 2nd / HELOC $500.00 PIGGY – BACK 2nd, same lender No Charge PIGGY – BACK 2nd, outside lender $250.00 RESUBMISSION / MULTIPLE LENDER SUBMISSION – per lender $100.00 Cancellation fee paid by loan originator if application is submitted & approved w/out final closing $300.00
*Processing fee paid by borrower through escrow unless directed otherwise by the Loan Originator
Interest rate reprieve bolsters December home sales:
Sales of existing single-family homes in California remained below the 250,000 level for the second straight month and dropped 44.1% on a year-over-year basis. However, a short respite in rising interest rates helped edge up home sales at the end of the year to break a three-month sales decline. December’s uptick in sales shows buyers and sellers are gradually adapting to the new normal and shifting to a more balanced market. Although a tight housing inventory has kept home prices from free falling, with the median price for a single-family home in December slipping 0.4% from November and 2.8% from a year ago, prices and rates are both expected to decline in 2023, which should improve housing affordability this year. (January 30 ,2022)
Earning Referral Fees
made easy!
Get 50% Referral Fee on Transactions Closed Within 12 Months
Terms & Conditions –
- Referring agent is entitled to a 50% referral fee of the total net commission after company dollars have been collected, based on the customer/principal side of the transaction.
- The referral fee on each customer/Principle will only be valid from transactions closed within a 12-month period of the initial referral request submitted.
- Referring agent license registration with the Company must be current at the time of referral fee disbursement.
- Terms and conditions may be modified by management without further notice. See the compensation exhibit and fee schedule on Virtual Agents for pricing details.
