For licensed originators in Las Vegas · not a job posting
Sunwest is an independent mortgage brokerage in Las Vegas. We are a true broker. Wholesale pricing reaches you the way the lender published it, and the split on your files is set to reflect that.
No application. No résumé. No questions about your production.
The part nobody puts in a job posting
You know exactly what that means, because you have quoted off one. Margin goes on the sheet before you ever see it, so you are competing against a number that was never the real number. You lose files you should have won, and then you lose the agent who sent them, along with everything he would have sent next.
Here the sheet reaches you the way the wholesale lender published it. Nothing added on the way to your desk. That is what the word broker is supposed to mean, and it is the fastest thing on this page to settle over the phone: 702-419-9985.
Run your own numbers
You do not need more loans to have a materially different year. Move the sliders to match what you are already doing, and what you are already paid.
What the lender pays the brokerage on the file. Not the borrower’s interest rate. You already know what yours run.
On one $450,000 file
Yes, that number is large. It is large because a retail branch has to pay for being a branch: the floor, the manager, the marketing department, the board on the wall. None of that sits between you and the lender here. Every step of the arithmetic is above it, so check it line by line.
That is the entire formula: lender compensation on the file, less the $550 admin fee, then 75% to you. Nothing else comes out: no desk fee, no tech fee, no marketing charge. Every originator here is paid on it. Ask the shop you are at now to write theirs on one line.
You are a W-2 originator here, so the figures above are pre-tax and withholding works the way it already does for you.
Works out to 197 bps on this file. Illustration only. Not an offer and not a promise of earnings; assumes comparable files.
Ask what yours would beAsk about the split, the pricing, the product menu, whatever you like. If it is not for you, that is the end of it.
The catch, since you are looking for one
We are paid on the file, not on your total. Every loan carries the $550 admin fee and 25% of what the lender pays on it, and that is the same on your third file as on your thirtieth. Nothing about how we are paid needs you to hit a number so that somebody else’s number works.
How it actually runs
At a large shop, a three-unit originator’s file waits behind a fifteen-unit originator’s file. Here there is no queue to wait in, and no ranking report deciding whose loan gets looked at first. Yours goes to our in-house processor, or to your own licensed outside processor if you already have one you trust.
No minimum units, no monthly quota, and no quarterly conversation about your numbers. Retail shops keep raising theirs. Sunwest has made home loans in Nevada for more than 20 years, 2008 included. Every originator here has been here for years, and the longest-serving one since the company opened.
One formula, every file, the same for everyone here. The one running in the calculator above. Lender compensation, less a $550 admin fee, then 75% to you. No tiers to climb, no annual comp-plan meeting where the number moves.
Both sides of it
You will not bring your pipeline with you. Whatever is in process at your shop stays at your shop, which is how it works everywhere, and anyone telling you otherwise is selling. Your licence has to be re-sponsored through NMLS before you can take an application here, and there is a gap between your last closing there and your first one here. We will put a real number on that gap on the call, before you do anything you cannot undo, and if it is not survivable on your budget this year we will tell you that too.
Four other things here are worse than what you have. Nobody at a listing appointment has heard of us, so until your agents have watched you close a few, you are the brand. There is no underwriter down the hall: you work the lender’s underwriter yourself, and some days that is slower than what you have now. We do not hand out leads, so everything you close here, you sourced. And there is no group health plan: you buy your own coverage, usually through healthcare.gov, so price that in before you compare offers.
If those are the reasons you stay where you are, they are good reasons, and we will say so on the phone rather than talk you out of them.
The ask is small on purpose
Nobody at your current shop needs to know you took a call. We will not ask for your pipeline, your borrower list, or last year’s volume — none of that is ours and none of it is any of our business. Call directly, or leave a number and Amy will call you back.
