Frequently Asked Questions

Call 877.260.1585 if you have more questions.


General Questions and Answers
*Who can take advantage of using the Loanology.Net System to add mortgage origination to their existing business?
*What are the benefits to real estate agents of using Loanology.Net?
*What are the benefits to a financial advisor of using Loanology.Net?
*What are the benefits to insurance agents of using Loanology.Net?
*How much work is required to origination loans for my clients?
*How much does it cost to join?
*Is there an additional cost to my client for providing this service?
*Do you really think clients want me to be a part of the loan origination process?
*How do I sign up?
*What support can I expect?
*What are the education requirements?
*Do I need an individual mortgage broker license before I can originate mortgage loans through the Loanology.Net System?
*Why must I sign an independent contractor agreement?
*Are you sure that I can be compensated for performing loan origination services?
*How much can I earn?
*Can I solicit mortgage loans through advertisements, promotional and marketing materials?

Financing Questions and Answers
*How competitive is Loanology.Net with interest rate, costs and variety of loan programs?
*What are non-conforming loan programs and are they available?
*Are non-owner occupied property loans available?
*Are loans available for townhouses (row homes) or co-op properties?
*Can I be paid on FHA and VA loans?
*Are commercial loans available?
*What types of loan programs are available for my borrower?
*Can I originate a loan for myself?
*How do I choose a title company?
*How do I choose an appraiser?
*Is there a Calculator that can be used to know if a borrower can qualify for a particular loan amount?
*Can I pull my borrower’s credit before I submit a loan using Loanology.Net?
*What if the borrower has poor credit?
*What are the fees charged to my loan client?
*What is the lowest loan amount I can do a loan for?
*Where can I get current interest rates?

Loanology.Net Questions and Answers
*What is Loanology.Net?
*Do I have to use Loanology.Net all of the time?
*What states are you licensed in?
*Is it safe to transmit personal and financial information over the Internet?
*How do you safeguard information?