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Hey guys,
I've been with my current company for awhile now and am looking to
go out on my own. I was looking into various branches, focusing on
getting 100% commisiion. Well, i found a branch who claims that i get
100% plus SRP (service release premium) on my loans. The guy was
talking about typically an additional 10k -15k per month ON TOP of
origination and yield spread. And that the sky is the limit, etc, etc.
That i would basiclly getting half a point on my total volume per
month, etc. This was the first I've even heard of "SRP" and was
wondering if it is too good to be true or if there is a catch. So
basiclly what is SRP? thanks.
-C
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Service Release Premium???????
