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Located in downtown Salt Lake City is a company that is giving their real estate agents the ability to diversify their income opportunities by selling real estate as well as originate mortgage loans. SilverLeaf agents don’t have to have Loan Officer Licenses, like most other loan originators do. That’s simply because they aren’t required to. Because SilverLeaf Companies operates a bank (Proficio Bank) within their company, real estate agents can be an employee of the bank, and originate and close as many loans as they can handle. They cannot, however, originate a loan and represent that client on the real estate side, during the same transaction. That rule applies to everyone in the industry.
“With so many people doing refinances right now, it’s a great way for me to earn an extra $2,000 - $3,000 a month in addition to my real estate sales. It’s really a no brainer. I’m glad I was able to hear about this company so I could jump onboard,” says Matt Pherson, a real estate agent.
Derrick Clark, a real estate agent at SilverLeaf, said, “I closed 3 real estate deals last week and 2 loans. I love it, it’s great. In the past I would refer that side of the business to my loan officer friends, but now I can keep the money I was giving away, and put it in my pocket.”
The extra income generated by this unique opportunity is what is attracting more and more agents to the company. SilverLeaf also has a full service in-house telemarketing department that makes the prospecting calls for the agents. Their trained marketers generate 4-16 qualified mortgage leads per hour, exclusively for SilverLeaf agents and bank employees.
“The diversification of income opportunities we have here is what’s kept a lot of our agents from leaving the real estate industry. To be able to do loans, all the agents have to fill out an application, run a background check, fill out the needed paper work, and go through a few weeks of bank training, that’s it. No fees, no licensing is required. The real estate agents here love the extra income, and because we are FDIC-approved in all 50 states, we aren’t limited to originating loans and refis just in Utah, we can do them in every state,” says Campbell Dosch, Director of Real Estate at SilverLeaf.
“We want our agent’s business to be profitable. If they have multiple channels of income, they will obviously benefit a lot more,” said SilverLeaf’s Principal Broker, Jody Rasmussen.
SilverLeaf Companies also runs an Investment/Finance Company, “SilverLeaf Financial.” The company has also experienced tremendous growth in the last year. They have recently acquired more than $80 million in assets, and have obtained a long and profitable track record. They will be featured on CNN Headline News and The Discovery Channel this fall. Click here for more information: http://www.SilverLeaf-Financial.com
Other press releases from SilverLeaf Companies
- SilverLeaf Financial Acquires 10.2 Million in Commercial Loans in Ohio - November 17th, 2009
- SilverLeaf Financial Acquires $30 Million in Commercial Paper in the Month of September - October 13th, 2009
- SilverLeaf Financial Acquires Loans in Jacksonville, FL and Farmington, UT - September 23rd, 2009
- SilverLeaf Financial Acquires More Commercial Assets in Massachusetts and California - August 31st, 2009
- SilverLeaf Seminars Is Giving Away a House - August 28th, 2009
- SilverLeaf Financial Discusses Their Purchase of 321 Single-Family Residential Mortgages - July 22nd, 2009
- SilverLeaf Puts 321 Single-Family Notes Up for Sale to the Public - July 22nd, 2009
- SilverLeaf Financial Acquires 321 Single-Family Mortgages from Loans Originated by GMAC - July 13th, 2009
- SilverLeaf Financial Seeks to Raise Additional 100 Million in Investment Funds - May 27th, 2009
- SilverLeaf Financial to Be a Panel Participant in the IMN Forum in New York City - May 14th, 2009
Contact Information
Campbell DoschSilverLeaf Companies
Salt Lake City, UT
Phone: (801) 413-4702
Email: Campbell@silverleafcompanies.com
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