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1. What Commission Plan percentage does "TCI" offer me?
2. How long does it take to review my application for employment?
3. Does "TCI" have a set-up fee?
4. Do I need a license to work for "TCI"?
5. Does "TCI" supply training, leads, office, or salary?
6. Does "TCI" provide access to a lead generation program?
7. Is "TCI" approved with XYZ lenders?
8. Can I run my own advertisements?
9. Do I need to answer my phone Teamazon Capital?
10. I want to print business cards and letterhead. Where do I get the "TCI" logo?
11. How do I pull credit in "TCI's name and who pays for this?
12. Do the 1003/1008, credit report and official loan documentation all need to be in Teamazon Capitals name?
13. Who does the processing on the loans?
14. How do I contract a loan processor for FHA loans?
15. How often do I get paid?
16. What is a "Check Request Form"?
17. Do I need to use any special "TCI" forms for taking loan application, i.e.1003?
18. Do I need to submit files to "TCI" prior to submitting them to the lender?
19. Do I need to send closed loans to "TCI"?
20. What is the name of the software that allows you to generate 1003's and Docs?
21. I am a Real Estate Agent with DRE Salesperson's license currently selling homes. Can I stay with current company selling homes and begin originating loans through "TCI"?
22. I am DRE Real Estate Broker and want to use "TCI" just for my FHA loans. Is this possible?
23. What name is used for advertising purposes?
24. What address do I use on loan documentation, i.e. MLDS, 1003.?
25. Do I need to fill out the DRE Branch Application form?
26. Do I need to fill out the DRE Salesperson's Change form?
27. I'm a DRE Broker, do I need to send my original California DRE license to "TCI"?
28. If I am a California DRE Salesperson currently, but get my DRE broker's license, does that change my split or give me other advantages?
29. Does "TCI" do commercial loans, land loans or private Money Loans?
30. What are "TCI"'s miscellaneous fees?
31. Does "TCI" have "E&O Insurance?
32. Does Teamazon Capital have a web-site?

1. What Commission Plan percentage does "TCI" offer me?

The commission schedule is up to 100%(see Commission Schedule page). Your (%) Based on experience, production, if you're a Regional Manager or Branch Manager W/Agents, whether there's an annual Bonus Production Plan (Agents in DRE Branch (%) negotiated); or finally, if a Bonus Plan is "set up" based on a minimum monthly Loan Production.

2. How long does it take to review my application for employment?

We can have you approved within 24 hours of receipt of all original documents. We need: a signed contract, Loan Fraud, Loan Submission, W-9, RE214, and original CA DRE license. Brokers need only provide a copy of their license.

3. Does "TCI" have a set-up fee?

No...! We are not a Franchise. We are a "Wealth Sharing Profit Organization" !

4. Do I need a license to work for "TCI"?

Yes. To originate loans in California you need to have a DRE Salesperson's or Broker's license.

5. Does "TCI" supply training, leads, office, or salary?

Sorry, but no. By contracting experienced and self-sufficient Independent contractor/originators, "TCI" passes on to you the savings of Middle Management costs in the form of a "higher commission schedule". However, you may be contracted within a "TCI" DRE Branch Office where the Branch Manager offers the above services.

6. Does "TCI" provide access to a lead generation program?

Yes "TCI" is working with RE#1 marketing on an exciting & proven Homebuyers Plan that allows you to team up with your favorite Realtor. This program is "selective per Region and requires cash up front. You need to review this with your "TCI" Regional Manager. We also have exclusive Lead generation programs for your use.

7. Is "TCI" approved with XYZ lenders?

If "TCI" is not approved with a specific lender, and you have a loan you'll like to submit, you may obtain a broker package from the lender and forward it to Irvine, Corporate office, we complete and submit ASAP. Check Website for updated lender list.

8. Can I run my own advertisements?

Yes, you can, but you must have them approved by your Regional VP .first. Advertising must be in Teamazon Capital's name. This applies to any form of advertising, including, but not limited to, print, radio, television, and internet. Please understand: when dealing with FHA Loan advertising through all media (including your business cards) you must reflect the Approved FHA Branch to which you are assigned.

9. Do I need to answer my phone Teamazon Capital?

Yes. If your Salesperson license is hanging at "TCI" or you are an "Employed Broker" and are eligible to originate FHA loans through "TCI" the answer is yes. Even if you are a Broker not eligible to do FHA loans through "TCI" and simply doing loans on a broker-to-broker basis in CA we still need to have you answer as "TCI" for loan business. It is grounds for termination if you do not conform to this guideline.

10. I want to print business cards and letterhead. Where do I get the "TCI" logo?

Upon Corporate approval you may access the Teamazon Capital, website @ www.teamazon.com . You're now set to work with your print shop to customize logo to the appropriate address. All loan Agents must use "TCI" business cards.

11. How do I pull credit in "Tic's name and who pays for this?

You will need to work with your regional VP. To set this up. The credit Must be in Teamazon Capital's name. You may use any authorized credit reporting company. You are responsible for payment of credit reports and all cost related to submitting/closing loans.

12. Do the 1003/1008, credit report and official loan documentation all need to be in Teamazon Capital's name?

Yes, all paperwork that is submitted to the lender must be submitted under "TCI". DO NOT submit files to lender with any other name. FHA loans must be submitted from approved FHA Regional Branch.

13. Who does the processing on the loans?

You may process your own loan (If FHA loan then must be completed @ your Regional FHA Branch office). You may contract a professional loan processor. Or you may use the "Processing Center" @ your Regional FHA approved branch. The current maximum charge is $495.00 per pkg. On FHA loans there is a "TCI" $45.00 Processing Review cost which is included within the ¼ pt of loan Amount deducted from gross commission receipts.

14. How do I contract a loan processor for FHA loans?

Agent must use processor @ the approved FHA branch or must contract a loan processor approved by Irvine "HQ". The "HQ" must review the Independently contracted Processor's agreement and have it on file. You may contact "HQ" foe an acceptable agreement.

15. How often do I get paid?

"TCI" prides itself on being "quick pay". We can pay within 8 hours to 24 hours of "TCI" 's receiving the Broker check. Depends on how quickly the "Irvine office" receives all necessary conditions. Copies of "Check Request From", "TCI" commission ck, or copy of check & proof of deposit, and 3rd party invoices, if applicable. No commission will be paid on FHA loans not having been "QC'd". Overnight delivery available.

16. What is a "Check Request Form"?

It is the form you are required to submit to "Irvine, Main Office" when you are ready to be paid commission on a "closed" loan, along with other information outlined in the prior paragraph. The "Check Request From" provides a 'breakdown" for total income and charges. (see web site).

17. Do I need to use any special "TCI" forms for taking loan application, i.e.1003?

No. You may use any generic 1003 and other forms required to take and submit loan applications. All of these forms are available on "TCI"'s web site includes version in Spanish. It is imperative you use MLDS (Mortgage Loan Disclosure Statement) and the GFE on all loans. If you are unsure which disclosures you are required to send out, contact your Regional VP.

18. Do I need to submit files to "TCI" prior to submitting them to the lender?

Yes. for FHA Loans. Before submitting the loan, fax the 1003, MLDS, Reg Z & GFE to Main Office. The loan package MUST BE COMPLETED & SUBMITTED from the assigned FHA Regional Branch Office only. No. if it's conventional, but before submitting the loan to a lender, you will need to fax the 1003, MLDS, Reg Z & GFE to "TCI" Irvine Office. (This ia a must for both FHA, VA & Conventional Loans.....All Loans!!!!!).

19. Do I need to send closed loans to "TCI"?

Complete copy package of all loans must be maintained for 3 years. It is imperative that "TCI" FHA/HUD approved Regional Branch has in it's possession a complete copy package of the "closed loans" for all FHA transactions. Conventional loans may be kept at the agent's assigned DRE branch. Most loan officers send files via UPS, CA Overnight or USPS. Call for special rates with CA Overnight. If the loan does not close, we must have a copy of the "Denial" letter faxed to the "Irvine Main Office".

20. What is the name of the software that allows you to generate 1003's and Docs?

Calyx Point and Pipeline solutions are loan origination and processing software programs that will serve you well. DO NOT COPY SOFTWARE AS THIS IS A FELONY AND HAS SERIOUS RAMIFICATIONS.

You may purchase the software directly by contacting the respective sales representatives from each company. Calyx Point 800-576-6350 or www.calyxsoftware.com Pipeline Solutions 800-787-6643 or www.pipesoft.com

21. I am a Real Estate Agent with DRE Salesperson's license currently selling homes. Can I stay with current company selling homes and begin originating loans through "TCI"?

No. Since a real estate salesperson cannot have their license with two different brokers simultaneously, this arrangement would not be possible.

22. I am DRE Real Estate Broker and want to use "TCI" just for my FHA loans. Is this possible?

No! This is against FHA/HUD regulations FHA regulations clearly state that if a Broker originates FHA loans, he/she must be exclusive with the entity through which the FHA loans are being submitted. Moreover, the Broker cannot be submitting loans under any other names or working in any other capacity, i.e. selling houses, having DBA's Agents, Branches, Corporate affiliations or having another part time job, while originating FHA loans. The Broker must be in the exclusive "employ" of the "TCI" and submit both conventional and FHA loans.

23. What name is used for advertising purposes?

Teamazon Capital, is always used for advertising purposes. No exceptions! All advertising must be approved by "TCI" Regional VP's Compliance Department.

24. What address do I use on loan documentation, i.e. MLDS, 1003.?

All FHA loan documents must be completed at your assigned FHA Regional Branch. All Loan Agents duties associated with FHA Loan Programs must be performed @ the FHA approved Branch Office.

However, conventional loans may be submitted from your DRE branch Office. If operating from "home office", use the Regional Branch address to which you are assigned.

25. Do I need to fill out the DRE Branch Application form?

Agents, whether Sales Licensees or Licensed RE Brokers that operate from a commercial space and have one or more producing Loan Agents, must apply for a Branch License from the DRE and become a Satellite Office which can originate FHA Loans but CANNOT process them. However, FHA Loans MAY ONLY be completed and submitted from an FHA Approved Branch Office.

26. Do I need to fill out the DRE Salesperson's Change form?

Yes. DRE Salespersons must fill out and return DRE Change Form and Original License to "TCI" along with the contract and all other pertinent Documents. Cannot be approved without them.

27. I'm a DRE Broker, do I need to send my original California DRE license to "TCI"?

No. If you are a California DRE Broker, a copy of your license will suffice.

28. If I am a California DRE Salesperson currently, but get my DRE broker's license, does that change my split or give me other advantages?

Generally No.

29. Does "TCI" do commercial loans, land loans or private Money Loans?

Yes, contact Regional VP for Commercial Loan Division. He will provide you with a Fee Split arrangement based on how much of the package you bring "to the table".

30. What are "TCI"'s miscellaneous fees?

Depending on your contract there are administration fees ranging from$295 to $495. On FHA/VA there is a deduction of 0.250(1/4 Pt) of the loan amount. Example $100K Loan = $250.00. There is a $25 deduction for CPA's Quality Control Audit required by FHA/HUD. It's included in the Administration Fee.

31. Does "TCI" have "E&O Insurance?

Yes. There is a $25 deduction within the Administration Fee covering this cost.it's included with the Administration Fee. Check with the office for coverage.

32. Does Teamazon Capital have a web-site?

Yes. Our web-site is www.teamazon.com . This site contains a password protected area containing forms and information for TCI loan agents. Upon approval of your contract with TCI, you may request a password via e-mail.

Commission Schedules
*CONVENTIONAL *FHA *VA