Raymond Moatz NMLS Number 41318 has been the most honest, hard working individual I have worked with in the industry. I did have a problem on getting paid out faster on the correspondent closing than the broker deals. But, the upside was I made some then the 2,75% compensation. On my FHA deal that I worked 6 months months I was able to make 5% on $287K LOAN AMOUNT. The check was insane, I just wish the payout could be faster. I worked with him at Sentrix Financial until it was sold for millions of dollars to I3 Lending, which I worked at for 3 months. Working for companies overseas is impossible.
So true, I never received my commission - it's has been over 4 months waiting to get paid. I can't never get anyone on the phone and when I do there are nothing about excuses.
This Raymond Moatz guy needs to be lock up he is scamming loan officers by sealting their commission money. I left Obsidian because of this I dont think that I would ever get pay my commission
If you are reading this, you probaly been recruited and or had already been ripoff from your commission pay. Obsidian Mortgage operation is a total scam to ripoff Loan Officers from their hard earned commission.
Raymond Moatz is the person behind this scam - all you have to do is research his name. This guy has been convicted of mortgage fraud, sued over 8 times in the State of Maryland, and countless lawsuits in Florida. He has been revoked from working in the business, but still find away around by hiding behind his wifes name.
When you closed your loan and waiting for your pay all the excuses in the world comes out. He has NO intent in paying out commission. He is flat broke and Obsidian mortgage is about to be shut down. Far too many complaints and lawsuits against Raymond Moatz.
If you are a Loan Officer run, run, run you will not get pay. Do your research look at all the failures behind Raymond Moatz.
Ist Contential, Senture, Sentrix and many more failures.
This guy is a criminal and need to be lock up behind bars. This entire scam is to steal money from Loan Officers and he will tell you that your earn commission is half than what you are to receieve , but he would not even pay the amount he claims you earned.
This guy had 117 Loan Officers and it's down to almost zero - check the NMLS Consumer report and see for yourself, also see all the disciplinary actions against Obsidian Financial.
Do yourself a favor stay away from this mortgage company and Raymond Moatz
Obsidian Mortgage Reviews
Mortgage Loan Officer
Raymond Moatz NMLS Number 41318 has been the most honest, hard working individual I have worked with in the industry. I did have a problem on getting paid out faster on the correspondent closing than the broker deals. But, the upside was I made some then the 2,75% compensation. On my FHA deal that I worked 6 months months I was able to make 5% on $287K LOAN AMOUNT. The check was insane, I just wish the payout could be faster. I worked with him at Sentrix Financial until it was sold for millions of dollars to I3 Lending, which I worked at for 3 months. Working for companies overseas is impossible.
So true, I never received my commission - it's has been over 4 months waiting to get paid. I can't never get anyone on the phone and when I do there are nothing about excuses.
This Raymond Moatz guy needs to be lock up he is scamming loan officers by sealting their commission money. I left Obsidian because of this I dont think that I would ever get pay my commission
If you are reading this, you probaly been recruited and or had already been ripoff from your commission pay. Obsidian Mortgage operation is a total scam to ripoff Loan Officers from their hard earned commission.
Raymond Moatz is the person behind this scam - all you have to do is research his name. This guy has been convicted of mortgage fraud, sued over 8 times in the State of Maryland, and countless lawsuits in Florida. He has been revoked from working in the business, but still find away around by hiding behind his wifes name.
When you closed your loan and waiting for your pay all the excuses in the world comes out. He has NO intent in paying out commission. He is flat broke and Obsidian mortgage is about to be shut down. Far too many complaints and lawsuits against Raymond Moatz.
If you are a Loan Officer run, run, run you will not get pay. Do your research look at all the failures behind Raymond Moatz.
Ist Contential, Senture, Sentrix and many more failures.
This guy is a criminal and need to be lock up behind bars. This entire scam is to steal money from Loan Officers and he will tell you that your earn commission is half than what you are to receieve , but he would not even pay the amount he claims you earned.
This guy had 117 Loan Officers and it's down to almost zero - check the NMLS Consumer report and see for yourself, also see all the disciplinary actions against Obsidian Financial.
Do yourself a favor stay away from this mortgage company and Raymond Moatz