At a Crossroads
As title states, I already am situated in a brokerage, but I have an opportunity that has opened up to me and I want to make sure I'm making the right choice.
Option 1 (current): I work for a brokerage as a Loan Officer Assistant (Although they have me doing the work of a loan officer and processor as well) I make about 150-200 cold calls a day off a dialer, my first 3 months they had base pay but that fell off and i am commission only. I am the main point of contact, I get the app, gather the docs, I pull credit and price the loan, i help schedule pest inspections and water tests. i pitch the deals. the loan officer i work under basically does the encompass and sends the deals out and lightly monitors my pipeline and conditions while keeping contact with the processor. at this point in time there have been several months the company has paid me 0$ because i did not close any loans even while working full time hours, and ive talked to several other people this has happened to. they promised me they would help me get my license and 1 year in yet that has not happened. my pay on loans is 90bps
the opportunity: a company that will make sure i get licensed within the first 4 weeks of working. they pay a base of 20/hr plus commission(base is not repealed if my commission surpasses it either). the leads are warm from mail, online applications, and leads passed over from call centers and ai agents. all inbound calls, after closing a certain amount of volume or number of loans, they move me to an executive and my commission on loans closed rises drastically. the only flag that raised was in the offer letter it states if the client falls behind on payments within 6 months of closing my commission will be recollected. is this something i should expect to happen?
while typing this out and reading it back it almost seems like there's only one actual logical option here, but i want to hear it first hand from people who may have experienced both sides of the bridge who will have knowledge on where the greener grass is. i will say i do experience a lot of mental burnout in my current position and as of this year since credit pull leads were banned, the leads have been ice cold and 95% of my calls are being cussed ant and hung up on the second i state my company name. do i have a decent opportunity on my hands or does it sound like more false promise