How is your broker going to get approved to submit loans to wholesale lenders if he or she is not a licensed originator himself/herself? Every lender I'm approved with needs the broker or broker's company to be registered with the NMLS, since it is the company that receives the commissions. A salesperson cannot receive commissions directly.
Heather, I don't nickel and dime my team. They get 90 and I get 10 but they are totally 100% independent and self sufficient. All I have to do is review and sign docs and commission statements. We're aggressively seeking listing agents.