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A mortgage net branch is an arrangement in which an existing mortgage company gives a franchise to another mortgage company in order to carry out its business in a particular area. The company that gives the franchise is called the mortgage originator, while the company that takes the franchise is called the mortgage net branch. This arrangement is done by some companies who wish to expand their business into newer areas. Mortgage net branches may be small companies in their own right, or they may be mortgage brokers.

There are certain prerequisites to become a mortgage net branch. The mortgage professionals wishing to become a net branch must be licensed. Licensing requirements vary from state to state and are controlled by the Housing and Urban Development (HUD) code. Most mortgage originators want their net branches to have at least three years of prior experience in the field of originating, processing, undertaking and risk analysis of all types of mortgages.

Some huge mortgage companies conduct written examinations for candidates wishing to become their net branches. Apart from these, other factors like having premises, goodwill in the market and superior communication skills are also desired. There is some kind of payment to be done to the originator by the net branch. The process is totally formal and documented, as the prospective net branch has to fill application forms.

Net branching is a viable option for small amateur mortgage companies to get nationwide exposure. This is possible, as the originators are big companies that are already functional on a countrywide basis. On the other hand, the originator is able to expand its business by enlisting the services of a net branching franchisee. Hence, mortgage net branching is a mutually benefiting symbiotic relation between the originator and the net branch.

But mortgage net branching has its downsides, too. Parties opting to become net branches are more often than not obliged to give up their original identities and take up new ones as desired by the originators. This makes the net branch lose its individuality. Also, the net branch does not have total liberty to undertake its tasks, as it has to work under orders issued by the originator. Hence, brokers and companies with several years of experience behind them do not accept the idea of becoming net branches that easily. Net branching is considered by new entrants in the field wishing to cash in on the goodwill of the originating company.

The business of mortgage net branching is expanding rapidly day by day. Clients are only too happy to deal with branches of esteemed companies in their vicinities. In fact, it is mortgage net branching that has made the buying of mortgages such an immensely popular phenomenon.

Mortgage Net Branch provides detailed information on Mortgage Net Branch, Mortgage Net Branch Opportunities, Mortgage Net Branch Companies, Mortgage Net Branch Brokerages and more. Mortgage Net Branch is affiliated with Online Home Mortgages.

A debt consolidation homeowner loan is a secured loan, finance or a sum of money (usually large) that can be possibly secured against your house or another asset, i.e car. Because it is a secured loan it is also easier to attain with higher sums of money available, at lower rates with a higher approval rate, because it is safer for the bank to lend you the money i.e. secured.

Secured homeowner loans are generally preferred by the people seeking finance, as opposed to an unsecured lend, due to lower interest rates, so they are a lower cost to the borrower.

Debt consolidation home owner loan- how to get one?

There are many ways of getting a home owner loan for means of debt consolidation.

There are government organisations that you can speak to in every country to help in all matters of finance, another thing worth trying is checking to see if you are absolutely 100% liable for the debt, as at times it is possible that it is not completely your responsibility to pay the money back.

One way is to just try Google, and look for the search terms "Debt consolidation" or secured finance etc or you could try some of the branded firms like firstplus, or direct line etc, other than that there will be ads in your local newspaper or yellow pages, even the national tabloids, and TV adverts.

If it was a large sum of money you want, then you could also look into remortgaging to release some capital from your existing assets, to improve credit scores, try taking out a small loan and paying it off promptly to enhance credit scores.

To apply for a homeowner (secured/same thing) loan apply here