Posted by Hannah Lapin ● Oct 23, 2019 9:00:00 AM

Top 5 Visio Broker Program FAQs

5Broker Program FAQs

Visio Lending has one of the top Broker Program’s in the nation. Through our Broker Program, brokers can earn up to 3% per closed loan, and we do not require any licensing except for in the state of California. Our broker process is simple, and we offer in-house processing and a designated Account Executive to keep your workload down. Anyone can sign up to be a broker, at VisioLending.com/Brokers. If you still have some questions, here are our top five Broker Program FAQs:

  1. How much money will I make as a broker?

    Visio Brokers earn up to 5 pts per closed loan; Visio always pays the first 1% rebate, and brokers can charge an additional 4 points. This amount can really add up, especially for active brokers. See our top broker payouts.
  2. When will I be paid?

    All of our broker compensations are disclosed on the HUD and will be paid at the settlement of the transaction.
  3. Who can become a Visio Broker?

    Anyone can be a Visio Broker, since we do not require NMLS licensing (except in CA).
  4. What is expected of a Visio Broker?

    Our Broker Requirements are simple:
    • Visio Brokers must comply with all laws and regulations related to originating rental loans
    • Visio Brokers will only send us rental investors- no owner occupiers
    • All documentation brokers submit must be true, complete, and accurate to the best of their ability
    • Visio Brokers must provide us with the necessary documentation and must fully and fairly describe the important terms to their clients
  5. What kind of materials and resources will Visio provide with me?

    We will always provide you with our up-to-date rate sheets and white label materials. Additionally, we have a full library of Broker Resources that cover a variety of topics to help you succeed as a Visio Broker.

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Related: What does it take to be a Visio Broker?, The 5 Key Stages of the Visio Loan Process

Topics: Brokers