Note: The content below about broker to broker is under review and still being developed.
A smooth transition from broker to banker
You have more control over your closings and can close loans in your own name, which extends your brand. Making the transition from mortgage broker to mortgage banker has its advantages. You can originate more loans because you will be selling loans on the secondary market.
A large consideration, and the first decision you will make, is whether to establish a warehouse line of credit with a warehouse bank or a correspondent lender. Making the switch from broker to banker, however, also involves a business-model shift. This requires thorough research and preparation to execute successfully. For a smooth transition, there are a number of things to consider when choosing a warehouse line banking partner or correspondent, from the warehouse line of credit to marketing support. Indeed, warehouse bankers and correspondents aren't created equal, and your profitability and the service and support you receive can vary greatly depending on whom you choose as your partner.
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Making the switch from broker to banker, however, also involves a business-model shift. This requires thorough research and preparation to execute successfully. For a smooth transition, there are a number of things to consider when choosing a 
