Branch offices are expected to fund a minimum average of 5 closed loans per month. We also take into consideration the number of branch employees. Production levels below 5 loans per month do not create a profitable business arrangement for either party. Each loan officer is expected to close a minimum of 3 loans per calendar quarter, however this is only a minimum expectation and the vast majority of loan officers produce significantly higher amounts.
Learn more about retail branch opportunitiesSouthwest Funding is hands down the best mortgage retail branch in the business. I really do not know where I would be if I did not have that extra help from our corporate office on payroll and compliance issues, which allows me to manage my branch and help with originating and placing loans which in turn benefits all!