Why Contract Protections Matter for Mortgage Loan Officers

When it comes to making career moves, one of the most overlooked yet critical aspects for mortgage loan officers (MLOs) is understanding the protections—or lack thereof—written into their contracts. Whether you’re considering leaving a retail bank or just reevaluating your current position, knowing how your contract works is essential to safeguarding your professional and financial well-being.

At Independent Mortgage Brokers™ (IMB™), we take pride in empowering MLOs to succeed while ensuring their interests remain protected. Let’s break down why contract protections are essential and how IMB™ leads the industry in providing them.

Does Your Contract Protect You or Your Employer?

Many contracts at retail banks or other captive institutions are designed with one goal in mind: protecting the employer. Restrictions often make it difficult for MLOs to retain client relationships, continue earning commissions, or transition smoothly to independent opportunities.

At IMB™, we flip the script. Our contracts explicitly state that if you leave, your clients and realtors will not be solicited by IMB™ or other loan officers under our umbrella. This ensures your hard-earned relationships stay intact​.

Timely Payouts on Closed Deals

One of the biggest frustrations for MLOs leaving a captive bank is the uncertainty of receiving payouts for closed deals. Traditional contracts may delay or even withhold your earnings, leaving you in financial limbo.

IMB™ eliminates this concern. Our contracts guarantee that you’ll be paid in full for any closed deals within 60 days of termination or resignation​. This policy ensures you’re financially secure and able to transition with confidence.

The Long-Term Approach: People Before Profit

At IMB™, we believe in putting loan officers first. By focusing on long-term success over short-term profits, we create an environment where MLOs can thrive. And the best part? We back it up in writing.

Unlike many institutions, our transparency ensures you know exactly where you stand—and that trust goes both ways.

Why More MLOs Are Transitioning to Independent Brokerage

The rise of independent brokerage models like IMB™ isn’t just about better earnings. It’s about freedom. By operating under a DBA licensed to IMB™, you can grow your personal brand while enjoying comprehensive support. Your email, website, and marketing efforts stay consistent, even if you make a company move. We take care of registering the DBA with the NMLS and secretaries of state, making your transition seamless​​.

Explore the IMB™ Difference Today

Are you ready to take control of your career? Discover why so many loan officers are making the switch to IMB™. With unmatched contract protections, timely payouts, and an unwavering commitment to your success, IMB™ is redefining what it means to work as an MLO.

Learn more about the IMB™ platform here or call 720-515-0630 today. It’s time to prioritize your future—IMB™ is here to help you make it happen​​.

When considering a new opportunity, always ask: “Does this contract protect me, or them?” At IMB™, the answer is simple: we protect you.