Loan Officer FAQs

Q: Why choose TFG?

If you are a professional, self-sufficient Loan Officer with high character who wants to maximize earnings, there is no better place to originate loans.  In fact, Loan Originators enjoy one of the industry’s most lucrative compensation plans.

If you are frustrated at losing customers due to higher rates and fees, TFG has access to a network of wholesale lenders that enable you to offer the lowest rates & lowest overall fees.

TFG is also a great fit for those seeking better work / life balance.  Loan Officers enjoy making more money, while offering the best terms for their clients.  Better rates & fees means closing even more transactions than you do now, and further increasing your income.

Q: What is the culture like at TFG?

The TFG culture embraces hard working, experienced mortgage professionals.  We despise the term “broker shop”.  We are a professional firm that recognizes the importance of only hiring ethical people with the highest integrity who will always do the right thing and act in the borrower’s best interests.  Loan Officers enjoy a great deal of autonomy and freedom to go out and produce, without layers of corporate bureaucracy or unnecessary staff meetings.

TFG leadership is here for you, and is invested in your success.  We encourage Loan Officer feedback and ideas for making our systems and processes better.  We do not have bloated layers of management, which enables us to keep costs low and allow you to offer the very best terms to your clientele.  You are encouraged to ask questions, and have access to speak directly to the CEO.

Q: Does TFG provide loan officer training, leads, office space?

The TFG business model is one that attracts self-sufficient mortgage professionals who are able to self-generate business.  TFG will guide you as to company policies & procedures, and work with you in the onboarding process to ensure a smooth transition.

Q: What is TFG’s compensation plan for its Loan Officers?

TFG has a proprietary compensation plan that enables its Loan Officers to earn the vast majority of the closed loan file revenue.  Details are fully discussed in the interview process.

Q: Does TFG broker or bank loans?

TFG is a professional Mortgage Broker and has no plans to be a Mortgage Banker.

Q: Can I originate loans in other states than Arizona?

TFG is an Arizona Mortgage Broker.  At this time TFG is only originating loans in Arizona. If you are a Loan Originator licensed in multiple states and actively do business outside Arizona, TFG may not be the best fit for you.  We seek Arizona loan officers with an active Arizona Loan Originator license.

Q: How often do I get paid?

TFG has a Bi-monthly payroll cycle.

Q: Does TFG require any minimum number of loan closings each month?

Loan Officers are expected to average a minimum of 1 or 2 loan closings each month.  Leadership understands there may be a “ramp up” period for Loan Officers during the transition as you work to build your pipeline.  This is not an issue.

Q: Who processes the loan?

TFG utilizes local Contract Processing companies.  Loan Officers typically work in concert with the processor to clear conditions.  It’s recommended that Loan Officers communicate with the processor at the beginning of the transaction, to make sure you both understand responsibilities for working the file.  Contract processor compensation typically is disclosed in Section B of the Loan Estimate, and does not affect your compensation.

Q: Can I advertise or use my own marketing material?

Yes, but all forms of advertising and/or marketing materials must be reviewed and approved by TFG prior to usage.

Q: I’m interested but still have questions. How do I learn more?

Interested Loan Officers should email their questions, cover letter, and resume’. Soon after, TFG leadership will be in touch.

Thank you for your interest!  We hope to hear from you soon!