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Bank vs Broker vs IMB: What Loan Officers Need to Know

An honest look at the advantages, challenges, and tradeoffs of each mortgage model from a mortgage leader with more than 25 years of industry experience.

One of the most common conversations I have with Loan Officers is about business models.

Should I stay at a bank?

Should I move to a broker?

Is an independent mortgage bank the better option?

The truth is there is no perfect model. Each has strengths, weaknesses, and tradeoffs.

What works best depends on your goals, business model, market, and the type of support you need to grow.

Let's take a closer look at each option.

Bank Mortgage Model

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