What If You Got Paid on Both Sides of the Transaction
Oaktree Funding's RELO Program lets licensed agents earn $500 per closing — and build a residual income stream through a 7-tier recruiting model. No loan officer license required to start.
$500.00 Per Closing - No License Required to Start
Every Transaction Has Two Paydays. You've Only Been Collecting One.
$500 flat fee per closing — purchases, refinances, and HELOCs. No NMLS license required for your first 10 transactions.
After 10 transactions Oaktree pays for your NMLS originator license. Then your compensation steps up to 0.5% per loan — up to $2,500 per file.
A 7-tier recruiting model pays you residually every time someone in your network closes a loan — whether you're working or not.
Non-QM and non-qualifying mortgage products your clients can't get at most lenders — giving you an edge on deals others can't close.
If You're Already in the Deal, You Should Be Paid for Every Part of It.
If you're a real estate agent, you already know this feeling: you bring the buyer, you work the deal, you shepherd it to closing — and then watch the lender collect their check while yours stays the same. Oaktree Funding built the RELO Program to fix that.
As a Business Development Manager you earn a $500 flat fee for every transaction — purchases, refinances, or HELOCs. No loan officer license needed to start. Oaktree pairs you with a co-originator who handles all the back-end loan work so you stay focused on what you do best.
Three Ways to Earn with the RELO Program
BDM Income
$500 flat fee per closed transaction. Works on purchases, refinances, and HELOCs. No NMLS license required for your first 10 deals.
Originator Income
Once you complete 10 transactions, Oaktree pays for your NMLS originator license. From there you earn 0.5% per loan up to $2,500 per file. A $400,000 loan pays you $2,000.
Recruiting Income
A 7-tier recruiting model pays you residually every time someone in your network closes a loan. The more agents and LOs you bring in, the more your income compounds — whether you're working or not.
See How the RELO Program Works.
Watch This First!
This short video walks you through the 6-step process, your compensation, and how the 7-tier recruiting model works.
Then Book Your Call Below
Ready to Add a New Income Stream to Your Transactions?
Join the Oaktree RELO Program today. Start earning $500 per closing with no license required, and build a residual income stream through our 7-tier recruiting model. Let's talk.
Frequently Asked Questions
Do I need a mortgage license to get started?
No. As a BDM you can complete up to 10 transactions without a license. After that Oaktree pays for your NMLS originator license.
How does the recruiting income work?
When you recruit agents or loan officers into the program, you earn a percentage of every loan they close — across 7 tiers. The more people in your network, the more your income compounds.
What types of transactions qualify for the $500 fee?
Purchases, refinances, and home equity lines of credit all qualify.