Go Back   Loan Officer Forum > Loan Officer Forum > Mortgage Brokers
COmpensation questions COmpensation questions
Members List Search Today's Posts Mark Forums Read

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 03-16-2008, 01:06 AM
Newb22 Newb22 is offline
Junior Member

 
Join Date: Mar 2008
Location: Tustin
Posts: 1
Newb22 is an unknown quantity at this point
Unhappy COmpensation questions
Hello! I am very new to this industry. Can someone explain to me what a chargeable and non-chargeable draw is? I am considering taking a position and was a Processor, but they act like I should know wht these terms mean. Please help!

THanks much!
Reply With Quote
  #2 (permalink)  
Old 02-12-2009, 08:19 AM
Value Value is offline
Loan Officer - Residential

 
Join Date: Feb 2009
Location: Los Angeles
Posts: 6
Value is an unknown quantity at this point
Default
Its like a recoverable draw and a none recoverable draw if you dont close then you pay it all back!
Reply With Quote
  #3 (permalink)  
Old 04-01-2009, 09:53 AM
kerryjim42 kerryjim42 is offline
Appraiser

 
Join Date: Apr 2009
Location: atlanta
Posts: 11
kerryjim42 is an unknown quantity at this point
Default
can anyone clearly explain to me what a chargeable Draw??what are the considerable laws??
Reply With Quote
Reply

« Previous Thread | Next Thread »

Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is Off
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 06:41 AM.

Contact Us - www.loanofficerforum.com - Archive - Top

Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.0.0 RC8
vB.Sponsors
vB Ad Management by =RedTyger=