Welcome To FastAction Mortgage Contract Processing

You know that you need mortgage processing support... during Booms and Busts.

Without strong mortgage processing support you won’t survive the boom times with your health and sanity intact.

And without strong mortgage processing support, your income will go up and down like a yo-yo … month to month and year to year. You know this…

When times are good, loans are falling off trees... and you're so busy trying to keep up with the volume that you put your marketing and sales on hold. Keeping your borrowers happy and getting your mortgage loans processed become your top priorities. The result: too many hours, constant headaches, and no marketing … setting you up for an even BIGGER crash when volume slows (as it always does!).

An expert team handling the tedious paperwork will let you fund more, work less and still grow your business.

When times are tougher either because the economy slowed or rates have gone up, it takes 4 times the effort and time to find a new client, which means you need a top notch team freeing your time up and handling your paperwork more than ever. Sitting at a desk following up on a past due appraisal for the 3rd time is not going to bring more loans in the door.

The dentist may be more fun than prospecting but if you don't make the time to do a lot of it... every day, every week.... your income and lifestyle will suffer.

Pushing papers isn't going to bring you early retirement, long days on the golf course or more time at your beach house.

That knot in your stomach isn't just an adrenaline rush... it's a sign you need more support so you can spend your time where it is needed most.

For some, the answer may be an in-house mortgage processor...

Here's how it usually works: you hire one or more people in-house, pay them a goodly sum of money, including paying them when they are sick or on vacation. Next you buy computers, expensive software, desks, chairs, phones office supplies and pay rent on a place for them to sit every month. Then there is time commitment of hiring, managing and training people... time you could spend getting new loans into your pipeline.

This might work while the loans are coming in like hotcakes, but then the market changes, or the winter market slows things down for a month or two.

Suddenly, you're stuck with a high salary, payroll taxes, health insurance, and a lot of fixed expenses that you'll pay no matter how many loans you close!

Having that person right down the hall is a BIG commitment with real risk.

What if you could have that same “down the hall feeling,” and simultaneously....

Pay less to have a loan processed than you do now...
Avoid payroll taxes, insurance and the risk of fixed expenses
Giving you the time and energy you need to market your business during the boom years, and even saving you money when things slow down!

Well you can with FastAction Processing.

No Obligation

Want to earn "a little extra" by processing your loans yourself?

"You Can't Make $100,000.00 Doing $10.00 an Hour Work"
- Rory Fatt

The real difference between the Top Income Earners and the guys who barely squeak by pay check to pay check is:

Top Income Earners understand they should be spending the majority of their time marketing, networking and selling.

Top Income Earners understand the concept of personal time value.

The easiest way to explain personal time value is by example. Let’s say the time to fund an average loan breaks down like this (yes some loans take longer than others – averages are for illustration only):

6 hours --- sales and marketing
45 min --- application and explanation of loan process to borrower
1 hour --- locate correct program and determine best lender
2 hours --- keep borrowers, Realtors and other's updated
6 hours --- processing, handling lender approval and coordinating docs/funding

That's 15 hours and 45 minutes per loan!

Now lets’ say that the average income per loan is $3750 and the processing fee was $497. If you process the loan yourself, your gross commission check would be $4247. Let’s say you have a good split and keep 70% of gross commission. That’s $2975 rounded up. $2975 divided by 15 hours and 45 minutes = $195 per hour Personal Time Value.

Not bad... but wait! Let’s look at the same loan officer who contracts a FastAction mortgage processor team:

6 hours --- sales and marketing
45 min --- application and explanation of loan process to borrower
1 hour --- locate correct program and determine best lender
1.5 hours --- keep borrowers, Realtors and other's updated (our "No Loan Left Behind" email update system reduces your time spent updating)

This time, you spend 9 hours and 15 minutes total. Because the processing fee is no longer part of your income, average net income is $2625. Divide by 9 hrs and 15 minutes = $283 per hour Personal Time Value!

That’s an incredible $88 more per hour or a 49% increase in YOUR Personal Time Value. By the way, the bigger the commission on the loan, the MORE your time value increases by contracting out everything that doesn’t involve finding a new loan!

I love it when I get to explain this face to face to someone. I wish I could get pictures of the jaw drop and expression.

Do your own math using your average commission per loan. I promise it will change the way you view your value and your business FOREVER!

The value of your time goes UP… plus you get an extra 6 full hours you didn’t have before.

That’s why contract mortgage processing is such an EASY decision. Your time becomes more valuable AND you free up more of it to do as you please. You can spend it increasing your income by marketing your business, with family, playing more golf, or even all of the above!