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About Virtual Lending
Virtual Lending is one of the nation's leading mortgage employment support systems. Through experience, the company has created a support model which includes employment, training, licensing and marketing assistance that has advanced our associates to the next level.
The company was launched in 2000 and has been offering a mortgage support system for over 7 years. With more than 15 years of experience providing mortgage loans and continually adapting to constant industry changes, we’re committed to offering the best programs, resources and services.
Our Direct Lending affiliation will enable you to build a solid foundation of quality loan products and keep your business competitive and well positioned for new market trends.
Virtual Lending's main objectives is to continue to educate and support our associates through service and technology. Virtual Lending has grown steadily by providing all the resources, expertise and support to succeed.
In any business, trust is the fundamental key of a company’s success. Virtual Lending goes the distance to earn your trust.
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Our multi-state infrastructure gives you a competitive edge
As a direct lender licensed in multiple states, we are able to offer you greater reach and control of the mortgage process. We maintain on-site control of processing, underwriting, documents, and funding. Our Senior Management Team of seasoned industry experts is supported by an operations staff with an excellent reputation for closing loans in a timely and professional manner. With this support you can empower your career like never before as you increase revenues in less time.
Be Your Own Boss
We are a full service direct lender offering our branches the opportunity to operate as a lender or a broker. In addition, since we handle a great deal of your administrative tasks, you have more time to focus on marketing and origination.
Choose from 3 positions: Marketing, Loan Processing or Loan Origination – Work from home - use any computer with internet access.
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Loan Origination only and can't begin until you get your own licensing. Very little flexibility.
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48 hour approval process & set up. Currently NO setup fee. Marketing and Processing include on the job training and coaching.
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Must wait weeks for state licensing after continuing ed classes are complete. No training or coaching.
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We operate as a Lender and not a Broker. Provides more opportunity for you to grow.
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Mortgage Brokers have more constraints for employees. Limited growth opportunities.
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We do not hold any reserves for our loan officers
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Reserves required for main office to pay rent, phone for loan officers.
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No experience and No production requirements Commission range 35% - 55%
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1 - 2 years experienceand volume requirements
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No E & O insurance requirements
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Must have E & O insurance
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NO accounting requirements, hence NO fees.
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Accounting Fees are additional
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No compliance worries with our internal compliance QC department
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Must stack all files and self QC each loan file and then submit to compliance department.
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100% access to support team with years of experience
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NO sales or personal support provided and no coaching available.
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No office requirements. Work from home.
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Commercial Office space required (Lease, Insurance, Etc) OR Must report to a designated office location.
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