RELP vs RELAP - What's the Difference?

🔷 RELP – Real Estate & Lending Professional  Dual-Licensed Career Track -  A RELP holds both a Real Estate License and a Mortgage Loan Originator (MLO) License.

  • Earn commissions on both real estate and mortgage transactions.

  • We sponsor your MLO license and pay for your education.

  • Paired with a Loan Mentor (Loan Buddy) for support and training.

  • Mortgage Commission: Earn up to 50 BPS per funded loan.

  • We match your current real estate split when you join us.

  • Compensation Type: 1099 contractor model available.

  • Ideal for motivated agents seeking full control and dual-income potential.

🔷 RELAP – Real Estate Lending Assistant Professional  Support Role (Non-Licensed, W-2 Only) -  A RELAP is a support role for Loan Officers without needing an MLO license.

  • Handles admin tasks: client follow-ups, pipeline updates, document collection.

  • Cannot quote rates or terms (to remain compliant with RESPA/state law).

  • Serves as a great entry point while waiting for license or learning the business.

  • Earn up to 35 BPS per funded loan, based on performance and role.

  • Compensation Type: W-2 employee only.

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Join the Equitable Lending Revolution

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Why Join Equitable Lending?

  • Comprehensive training and mentorship for career advancement in mortgage lending.
  • Access to a wide range of mortgage products, including FHA, VA, Jumbo, and Non-QM loans.
  • Supportive team environment focused on client satisfaction and personal growth.
  • Opportunities for professional growth and leadership roles in a fast-paced industry.
  • Competitive salary with performance-based incentives that recognize your hard work.

What Sets Us Apart

Compare Equitable Lending with traditional mortgage brokerage firms:

Equitable Lending

  • Direct mortgage lender with in-house underwriting for quick processing.
  • Wide range of flexible loan options tailored to client needs.
  • Streamlined processes to close loans faster than competitors.
  • Innovative technology facilitating both remote and on-site work.
  • Transparent collaboration with experienced leadership for support.

Traditional Firms

  • Limited loan programs with rigid requirements and less flexibility.
  • Longer loan approval times burdened with excessive red tape.
  • Lack of comprehensive training and support for new hires.
  • Less transparent communication and an inflexible work structure.
  • Minimal use of technology to enhance efficiency in operations.