We do your accounting so you can do loans. Every loan that you close will be associated with your Branch number and the proceeds deposited into your branch account. We will pay your payroll, remit your employer withholding, and pay your bills i.e. rent, utilities, etc. from your branch account. We will also file your 941 quarterly returns. Through your branch account you can track expenses and income.
Our accounting is designed to allow you to do what you do best, originating. By creating your business within our business, you operate your business with pretax dollars. The items Benchmark will pay for you include: Rent, telephone, credit inquiries, office equipment, office supplies, marketing expenses, payroll, Federal & State Income Tax Withholding and Annual FUTA (940) Taxes. You will be provided national accounts at significant cost savings. The best of both worlds - more profit, less hassle!
Benchmark Mortgage provides your branch with these incredible benefits:
- Commissions paid out in five (5) days
- Payroll on a semi-monthly basis for support staff employees
- Branch Accounting, including statements upon request
- Certified Annual HUD Audit
- Errors & Omissions Insurance
- Financial Services Bond (where required by state law)
- Quality Control Audit Program
- Year-end accounting: W2's for you and your employees
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