Complaint Review: World Leadership Group - Salt Lake City Utah

World Leadership Group/Global Equity Lending allows an ordinary person to have his or her own mortgage or real estate business. It is not a perfect setup nor is it the best structure for everybody. Contrary to the comment that GEL is not recognized by other mortgage companies, GEL has done loans with most of the top mortgage lenders in the country.It has allowed me to make a full time income working just part time. I am a housewife taking care of my elderly mother and my grandson at home. Yes, I did pay WLG and GEL $225 to set up my own business which would have cost me thousands of dollars to set up on my own. And I made more money at the height of the real estate boom than what I would have made had I worked a full time job in a corporate setup. Again, all these while I worked parttime and mostly at home. Last year in July, my mother was almost dead in intensive care and I could not even check my business online but the income still came saving me and my family from financial disaster. It has allowed me to build a network of other part timers like myself who made a buck or two depending on how much effort and time they put into THEIR Own business. Not everybody will be successful of course just like in the corporate world. Also, working for other mortgage companies without paying a cent to become an l.o. has its own downside that is why many loan officers had moved to GEL. I hope people investigate and look for facts before they make painful reports. I am totally hurt and devastated by these inaccurate reports because GEL had been good to me and to some of my loan officers in my organization .

Ok first... Most if not all of you are idiots who are obviously new to the real estate game. I will only speak of California being as how thats where I do most of my business. In California being a loan officer dose not require a license you can work for a company that has a CFL or CRMLA license and you are covered under they corporate license umbrella. How do I know this??? Well i ran a CFL licensed company and I hired loan officers and i didn't charge them to work for me either. The only time you will need a license as a loan officer is if you are trying to work for a DRE licensed broker (which is what I am now) then you will be required to have a DRE salespersons license. So for all you idiots who think you MUST be licensed to conduct loans as a loan officer personally; Well you you need to go back and do some more homework they say reading is fundamental so i suggest you do some. Next... Lets talk about MLM and your fast start system. First your not a business owner until you go out an incorporate a business through the secretary of state, you have bought a franchise or you have a sole proprietership with a proper DBA filling and a EIN number. Anything other then this is not a business it is called you being an entraprenuer. Here is some reality for you rather you like it or not or rather you believe it or not you are an employee of the MLM company you work for (hence the W2) last time i checked in order for a company to issue you a W2 you had to be an employee of that company oh and by the way when you have a w2 either they are taking your taxes out monthly or you filed exempt in which case you can only do that for six months. More reality is the fact that you allowed your little pee brains to be manipulated into thinking your running a business and that if you run their system you will become successful. Let me tell you that the system you are running is based on a principle called e myth which teaches owners how to look at their job positions as that and not people it teaches an employee how to design a system that is interchangeable no matter who they hire. So you work for the company inside of the company congrats Hubert has mastered the e myth concept and has been employing it for years thats why he's so rich he has also mastered the art of psychology which is why all you clowns are brainwashed. Yes some will make money but most will not but you will never maximize your potential as long as you operate in someone else's system the key to success is to create your own system you may make six figures and if that is your goal in life congrats you may make it here is you work hard enough but if you truly want to be financially free then i'm sorry no matter how many MLM you try you wont make it you must free your mind and think outside of the box. Sad part is most of you don't have the intestinal fortitude required to run your own company so you would fail anyway. Success is very simple but 98% of the population is so easily manipulated and therefore will always miss the forest through the trees. so sad but so true. It sad that in an effort to stop fueling someone else dream and start fueling your own you inevitably ran into the falsetto of freedom by falling into a bigger box. Wake up and get real... By the way just so you know i'm 23 I've never been to college i've been in business for myself for a little over 2 years I failed twice but i learned each time and now my net worth is just over 83million so i'm not just talking i'm living.

I have been with this company for over a year now and have made some money. There is weekly training and you have to be motivated. Network marketing is the wave of the future. I have learned so much about finances and have received very important information which I use to the lives of others more beneficial and mine as well. The people here complaining have not done their research or are not motivated. This company hides nothing. I know all of the lenders I am dealing with and if I ask a question I always get an answer. Good luck to everyone. Sam San Jose, CA

Hey guys. I joined WLG (World Leadership Group aka Global Equity Lending) and about a month ago I quit. All they wanted me to do was recruit, recruit, recruit. I have been doing loans for 3 years and things were just no adding up. They did not care if I did loans, they just wanted me to recruit. Their systems I think are pathetic. They make you give up the duties of a loan officer to a processor and a loan coordinator that you will probably never meet. Also, they charge the customers upfront to run their credit and qualify them! Are you serious? Why would I charge someone $100 just to find out their credit score and to see if they will qualify in the GEL guidelines? They also have a say in what lender you use. I looked in the back office of the company and one of the biggest producers there, one of the top 5 in the company was submitting over 200 loans a month and less than 50% of these loans were closing. That probably because they just want any JOE of the street to join the company and they don't know a loan from an insurance policy. Also, when you give up your loan to their system, who knows what happens to it. Obviously a lot of loans are falling out due to some major inefficiencies in their system. This top guy had thousands of people on his team and they were only submitting on average 200 loans a month! That is a scary number, because it means that thousands of people have signed up for the company and are not producing loans. The commission splits are small. Its hard to get real loan officers to join the company because you start out at a 30% commission split and then you must split your first three loans with a trainer. Well, like I said, I am experience and I still had to do this. I quit quickly, as soon as I found a company I could trust. One that treated me like someone more than just a recruit. NewKey Home Lending is also a network marketing company and they take care of us employees. They offer 80% commission splits from day 1. And you can get 100% commission split after just 10 loans. No upfront fee to the borrowers. Everyone starts the company on the same commission split! 80%! It would take years to get there at WLG. In fact, I don't think ANYONE at WLG can make 80% commission splits. If you are interested, go to (((ROR REDACTED LINK FOR SECURITY PURPOSES)))for more information. Seriously, you should look at your options! I didn't until I poured too much money into WLG, don't make the same mistake I did. This new company is not all recruit, recruit, recruit. We want people to do loans and that is why we pay such high commission splits! We are not all about recruiting, but you will soon see you can make some serious dough if you do build a team of producing individuals. Which isn't very hard when everyone gets paid 80% on day 1! We will even show you proof. My coach showed me her residual checks for the last year and I don't think you could get anyone at WLG to do that for you. Beware of the HYPE and go to where people can prove their success! sorry, allowing you to give a competitors name would instigate others to just file against their competition, to only come back later to suggest their company your comments on this policy are welcome! CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Is WLG a Scam? Are there people losing their money? Are there people that are not happy? Are there people making money? Can you make money with WLG? Is Hubert Humphrey getting rich off of WLG, GEL, GRM, FLA? How about his past companies WMA, WFG etc.? All this can be answered if you know what Multi Level Marketing is ALL about. Hi, my name is Abitino Lao. I am just like all of you looking for business opportunities every chance I get. I have been to so many presentations and meetings of many different companies out there. But, I have never cared for Multi Level Marketing companies (MLMs/Network Marketing). I didn't like the idea of selling to my family, friends, and everybody else I knew. I didn't want to chase them away and always have this awkward feeling between us, and every time they see me, they would think, ?Tino is trying to sell to me again.? Anyway, I don't want to give a long story that might bore you to death. You can read about it at my website www.MultiLevelMarketer.Net and www.SelfMadeBOSS.com. So to make a long story short, I am very interested in business, because I have always wanted to own one. Another thing that I am very fascinated about is Real Estate. Now that is where WLG came into the picture. I saw the opportunity right away. I could be a BROKER without a license? Now that was exciting to me. So that is how I got in the door. Then afterwards I discovered what I got myself into. See, most people that join the company have no clue what they are getting themselves into, just like me. But unlike them I did something different I DID my RESEARCH. Don't get me wrong I did some research before joining the company, but it was more like finding out if GEL was even a real company. All I wanted was to do loans and get in the door. This is what I discovered: When you join WLG you become a MARKETER, but not just any marketer, a Network/ Multi Level Marketer. You see, WLG is a MARKETING COMPANY. WLG markets the following products and services: GEL, the lending company, GRM and GRA, the real estate companies, and FLA the financial services company. I want to explain one more thing. MLM is not the same as the Pyramid Scam. Look at the pyramid. Whatever is on TOP NOW, will always be on TOP FOREVER. For example, your current boss will always be your boss and stay on top of you. The harder you work the higher he gets. Now, in multi level marketing if you work hard and you do well, you will one day be on top. It doesn't matter how low you are on the list right now. You can pass the person who recruited you and his recruiter as well and so on. Like I said I hated MLM in the beginning, but Now I'm huge fan. Most people fear network marketing companies, but there is no reason why. MLM companies offer many great products; one reason why they do not do retail in regular stores is because their products are only appreciated by the people that know the product. For example, if you are a tea lover, you know when you taste great tea, whereas a person that doesn't have a clue about tea will not appreciate and enjoy it like you. I know of a company that took their products out of Wal-mart to do MLM and have had much more success because people were being educated about their products and eventually learned to appreciate them. Let me also add that marketing for MLM products is a lot cheaper and include higher production. So, you might ask: Well, all this is great for the company, but how does that benefit me? Am I being used by the company? Well, let me tell you that in any business there is give and take. But, in the end, you end up in a win-win situation, then, that is all that really matters. You have great products or services and the opportunity to be in business for yourself; the company wins and you win- Brilliant! So here is the BIG QUESTION. So why doesn't it work for so many people? (97% to exactly) I think that should be the complaint here and that WLG is a scam. I got to admit that you do need to carefully do your research before joining a company because there are too many scams out there especially on the internet. Oh, by the way, did you know that GEL is the 5th largest broker/lender in the nation, working with some of the top companies in the industry like CountryWide, IndyMac, Washington Mutual, Chevy Chase Bank, Wells Fargo Home Mortgage to name just a few? Do you think they are scams too? Now, for you that are seriously working hard and struggling, don't give up. Find some good resources on MLMs and truly understand the business. I do have some recommendation;. Visit my website and contact me, I will do my best to help you. Please don't email me and ask how much I make, because that will just tell me that you really don't understand the business and are DEPENDENT ON HYPE. Much success to you, Abitino Lao Owner SelfMadeBOSS.com MultiLevelMarketer.Net P.S. Please don't make anymore complaints if you haven't done your extensive research.

rebecca, I was wondering if your stupid? You joined because you want your own business right? who told you it wasn't going to cost you a little. Especially big business, but hey world leadership group is only a fraction of investments. It's good dumb people like you stay out, you only destroy people with dreams. You said something about mortgage company would never have you pay a fee? Are you stupid? If your not license i wouldn't want you to do my loan. Plus your from california too, in california you do have to pay a fee. From 100 to 600 dollars. I don't know who you know that license or certified people for free, those are probably scams but you don't even know it. It's embarassing to have someone from california to say such dumb things like you. I'm sorry to anyone who gets mad at Rebecca's dumb complaint here. Seems that she doesn't know what a business is so i suggest that she goes back to wiping someones butt in Corprate America. Because the American dream is to own your own business, not to wipe someone's butt.

I used to work at Global Equity Lending for two years worked my way up the ladder of success and had a successful venture as a RMD with over 200 recruits only to have less than 30% of my teams loans close. One loan in that did close had forged documents and almost put me and the company in to a lawsuit over that transaction. My experience was one of shock and awe now I know it is only a Venture for the truly dishonest recruiters. They only recruit the ones they sell loans to. No real Realtor would ever use them. I did how ever learn that many such opportunities are available that do not put the barriers that Global Equity Lending imposes such as all the fees they charge to become an agent or how about the borrower application fee. A fee for this and a fee for that what lender does that. They make MILLIONS in fees and then they even charge you a fee to go to their convention to get your awards. I think since it is WLG goal to recruit a million loan officers is that this recruiting process is what makes WLG rich. $250 Million Richer! Now who do you think gets that? No the agents that's for sure! Look else where for real opportunities I found them you can too. Paul Leader and Mentor

i can not allow someone to think that this makes sense. i was a loan officer for a company that operates nationwide. we were regulated by state and federal law. i was sent to georgia for training which costs the company 5,000-6,000 dollars. we were under contract for one year to re-coup their investment. we were issued a laptop for work... and paid a monthly fee to pay for the laptop. when you left the company the laptop stays and the money that was deducted... forget it--you're not getting that back! i was charged a fee to access the company website we didn't have mentoring or support when we returned... it was more like throw a bunch of loan officers at the wall and see who sticks. there were costs young lady to WORK for a mortgage company. furthermore, you're NOT getting into a mortgage company without at least 2 years experience... but wait... if most mortgage companies have this requirement... oops... how do you get in? where in the world do you get 2 years experience to get into an industry where 98% of the companies require you have experience coming in? forget it... not going to happen! NOTE: if a company says BUSINESS OPPORTUNITY... be smart enough to know what that means. if you can find a BUSINESS that can guarantee: no start-up fees, success, above average compensation, leads, no work, no experience required, no training necessary, residual income, no risk, etc. ... please let me know. i'll sign up... whoa and it'll be free! furthermore... can you please refer a JOB opportunity with the same perks? ... a complaint about $300-$400 dollar investment into a business... a business which features products and services within the top industries in the WORLD... you close one loan... and you've just made your money back. how can anyone justify this kind of logic? ...i think the real question to ask ourselves... is it a SCAM when someone tells you what the cost of something is... giving you the choice to accept or reject? or a SCAM when they say its FREE to join but needs your credit card to verify identity then charges you fees to join? ...

Ditto's to the responses about WLG, I have been in for a couple months now and see tremendous opportunity with. As for some of the comments, some of the big name companies will let you come in without a mortgae license and work under theirs (just like GEL does) and some will only hire you if you if you hold a brokers license. That is the way in Florida. It may be that way in other states. Robert in Louisian, this $75 you are talking about if this the app fee,the credit check, or the total fee? If it is for the credit check, it is $11, I know I live in Florida. The total for both is around $75-$85. Just asking. Good luck to everyone Dave, Fl

i joined the company for only 3 months now. at first i didnt have the time and the commitment to do it. I was a skeptic also and didnt thought it would work or that anything would come out of it. In just a short time i came to find that WLG was like no other company. they do have a system that if you follow it it will work for you. Everything requires hard work and dedication. If you have the motivation in you this company could work for you. It does cost 225.00 for the start up but in the end it is well worth it. Working in this industry they do require that you have are licsensed. Good luck

second of all GEL has the only underwritting system that underwrites your loan with the certain lender automaticly making the process of refinancing or purchaseing of your house as fast and as smooth as posible. I know you did not post this. Gel is NOT the only system that does this. They use the same DU/LP that is available to just about any other broker/lender out there. I was with them a little over a year, and actually made some good money with them. HOWEVER, I am one of those that tends to want to know all aspects of the business I am in. I do not like anyone telling me I cannot know who all our lenders are. I do not like not knowing ALL the products at our disposal, until someone pays the 75 dollar fee (yes in Florida, its 75 dollars). I dont like having to "hire" a loan coordinator unless I really need them. Maybe its just me, James, but when a potential client calls me, I like knowing I can give them info "now" and not in a couple days. I like knowing I can help them "before" they spend any money with me. I like the fact that they are "charged" for any services rendered without any markups. And before you say GEL dont do that (well they dont anymore), Vince Rocose sent out an email stating GEL would start charging the ACTUAL credit report costs and will NOT be MARKING UP THE PRICE as has been done in the past. I like the fact now that when someone comes in with a 560 credit score, I can let them know right away what I can and cannot do, without having to wait for a loan coordinator to get back to me. And yes, I do this all from the comfort of my own home.

I usually only read these comments and never respond, but I feel I owe it to the many people who don't know whether or not if they should take WLG seriously. I live in Los Angeles, the home of many MLM's and scams! It is also the home of $500,000 homes on average! I joined WLG a little over a year ago and found out over the course of time that it is hard work. I work in the entertainment industry fulltime and have been for almost 10 years and wanted to find a way to free up my time so I took a chance on WLG. In the last year I have accomplished more in this company than I ever have before. I am not saying that I have made a million yet, but I am truly on the right track to financial freedom. I have lost many many deals 1.3 mil, 600K, 500K, just to name a few, but the system is designed for you to build wealth over time and not get rich. I have been able to win a couple of awards and I also host my own BOP in Los Angeles and I have about 60 people under me. When they close a loan, I get paid! I don't know any other business where a loan officer can actually get paid like a Broker. It's not all glamour but it can be over time depending on how much you put into it. In regards to the $225 initial investment, I have made that back thousands of times over. So regardless of what you say about the company, the opportunity that Hubert has given us is a blessing and it is what you make of it.

from ST. LOUIS Missouri First I would like to say about all the comments that I've read what has been told about the company or what all these poeple describe is bunch of nonesense. The lies that they have published on this website are extreme. accussing a company that has changed the life of thousands like this is not fair. First I want to touch on the comments about the fee's that some of these people are talking about. that $100 that is socalled going into Huberts Bank account happens to make sure that any new associate that joins WLG would qualify to acctually take a loan application of a client, because the mortgage business is very confidential and I know that I would not want to give my ss # and all other information to someone who could steal my information and miss use them. that $100 is going towards a background check of every new associate to make sure all clients are protected. second of all GEL has the only underwritting system that underwrites your loan with the certain lender automaticly making the process of refinancing or purchaseing of your house as fast and as smooth as posible. Another thing I want to touch on is the conventions, first of all there is nobody in this world that could force you to go to one of the conventions if you dont wish to. The convention is a big meeting where 10-20 thousand people gather together and share their succes story with the company and believ me there are plenty of success stories. These are ordinary people doing extra ordinary things to be succesfull. WLG offers the same oppurtunity to every body, the only diffrence is what you will do to maximize the oppurtunity. All these people that are writing the bogus messages on this website thought that if they join WLG and paid that 225 that they need to become millionares right away. They acctually dont realize that NETWORK MARKETING is very hard and is much harder than the everyday 8hr job. So please when sombody of your friends invites you to a BOP or business oppurtunity meeting give them that 1hr and check it out because nobody is going to force you to join anything or sign up the purpose of that meeting is to show you an oppurtunity that could change your life in the next 2 to 3 years. I can tell you, If you keap on doing the same thing that you've been doing in the last 3 years, I promise you that you'll be stuck in the same problem for another 3 yrs. for things to change you have to change so why not now. I can trully say this because I have been with the company for 8 months now, and Yes I Have made money.(not to show off but it was several thousand dollars partime) but the main point is that this business works for a 21 yr old or for a 65 yr old.also if the company would let you start your own business without any expenses to You, Lets keap it real you would not do anything because you dont have that boss riding your behind every day and all the materials would be wasted for nothing. So I encourage every body who has an oppurunity to get into this business to do so as quickly as possible, not to spend their money and hope to make a fortune but acctually get with somebody who is qualified as a field builder and get you business started . If you think that you are not doing well at this moment in the company please feel free to contact me via email and I will be glad to help you get your business to the next stage my personal email is [email protected] just email me and I will reply asap to help you with your problems. I am not a guru but I can give you some advice if I can not then will go together to the person that can because I dont know everythig but there is always somebody who knows more then I do, all we have to do is ask and we will ask together, I'll even ask for you if you are shy/ what ever you do please dont put silly notes about how bad this company is on the internet without giving it 100% of your effort first. because you are spoiling the oppurtunity for to many people with a silly internet add. You never know that the person that read your silly add about how you belief that the company is bad is the next Bill Gates In WLG. its easy to attack someone from the back why dont you try approching from the front and ask for help first there is nobody who is going to refuse to help you if you ask. thank you all for reading this and make sure to email me if you need any information on the company and I'll be glad to show you how we help everyday Families Nationwide.

THERE ARE MANY GREAT THINGS ABOUT THIS COMPANY THAT HAPPENED TO ME PERSONALY. OF COURSE NOT EVERYBODY WHO IS DOING GREAT THINGS WITH THIS BUSINESS HAS ACCTUALLY TIME TO FILL OUT THESE INTERNET ADDS ITS ALWAYS THE COMPLAINERS AND LAZY MUMS THAT DONT WANT TO GET UP AND DO SOMETHING BUT EXPECT THE WORLD TO REVOLVE AROUND THEM. ITS TIME TO WAKE UP AND LOOK AT OUT LEADERS, JEFF MILES , DAVE THALEY, TERRY HU , DAVID NGUYEN AND THE SAMPSONS THOSE ARE REAL PEOPLE DOING REAL THINGS JUST LOOK AT THEM AND TRY TO COPPY THEM AND BE SUCCESFULL AS THEY ARE AND I PROMISE YOU, THAT YOU WONT FIND TIME TO COMPLAIN I WISH ALL THE WLG LEADERS THE BEST AND KEAP RECRUITING BECAUSE " YOU ARE ONE RECRUIT AWAY FROM THE POWERBALL" SOO LETS GO OUT AND RECRUIT THEM THANK YOU JAMES D H FROM SAINT LOUIS , MO THE SHOW ME STATE $$$$$$$$$$

First let me say I started in a traditional loan company, so I have experience in both. First I know a lot of companies that charge to join, charge a monthly fee, or at least charge for the state licensing, and I do not know of any companies that will take on someone with no experience or part-time. When I started with the previous company, I learned all about calling farm and lead lists, making hundreds of cold calls and then handing off the prospect to another loan officer. That was their idea of training. I know that in WLG someone will at least double the amount they spent to signup in their first training sale (in states that do not require additional licensing the fee is only $225 before someone can make money). The business builder web site, GRM, FFS, and Convention Events are recommended for maxing out your cash flow (like a McDonalds that only sells hamburgers), but are not required to make money. Keep in mind this is not a get rich quick scheme, this is a work hard and get rich scheme. Those who are experiencing poor returns from this company are probably suffering from one of two things: lack of activity or lack of proper leadership guiding the activity. This business is not for someone who lacks motivation. If you feel you need to sit at a desk and wait for prospects to contact you, you may want to try working for a bank. Keep in mind you may have to start as a teller. As far as the lending side (GEL) if you are having problems closing business because of your loan coordinator, use a different one. Once you have enough business you can hire your own coordinator. Also the top 25 lending institutions are on the website, others may vary by region. And the fee for pulling credit and qualifying a borrower is $11 not $75 (that may also vary by region). Please don't put this down unless you have joined and really tried to do it. And not just for a month, I mean really tried.

I have read various responses concerning this company, and here is my opinions. I joined WLG 2 years ago. My direct upline was very supportive, but above that, getting info is very hard to do. They do not allow any of the loan officers to know who all the lenders are, or what programs we can do. Example, GEL is signed on with New Century Bank, a huge player in foreclosure buyouts, yet we were not able to do those Loan scenarios that do not come up in DU, consumer had to pay 75 dollars, non-refundable, just to see if we can get them approved. Charging 450 dollars for AVM that only cost us around 50 bucks. Many of the Loan Officers advertise we could do FHA and VA loans, both of which are untrue. Too much of your time and money are spent for less than good training. There are many other companies, where you do not have to pay to work for them (W-2, remember?)and can give you better one on one training and support I have lost too many loans with GEL, due to Loan Coordinators not calling back in a timely fashion, not being clear on what we could and could not do, and being told we could not do certain loans that we actually could do. If GEL was anything like the company I am with now, I would tell the world to join with them

I have read various responses concerning this company, and here is my opinions. I joined WLG 2 years ago. My direct upline was very supportive, but above that, getting info is very hard to do. They do not allow any of the loan officers to know who all the lenders are, or what programs we can do. Example, GEL is signed on with New Century Bank, a huge player in foreclosure buyouts, yet we were not able to do those Loan scenarios that do not come up in DU, consumer had to pay 75 dollars, non-refundable, just to see if we can get them approved. Charging 450 dollars for AVM that only cost us around 50 bucks. Many of the Loan Officers advertise we could do FHA and VA loans, both of which are untrue. Too much of your time and money are spent for less than good training. There are many other companies, where you do not have to pay to work for them (W-2, remember?)and can give you better one on one training and support I have lost too many loans with GEL, due to Loan Coordinators not calling back in a timely fashion, not being clear on what we could and could not do, and being told we could not do certain loans that we actually could do. If GEL was anything like the company I am with now, I would tell the world to join with them

World Leadership Group - Global Equity Lending ripoff buyer beware can work if you avoid the sales pitch and use as secondary income Suwanne georgia with not too many of those hands truly interested in you as a person. It is the way it issimple fact. WLG is a great way to break into the business if you don't have any experience with mortgages. You receive training and you can attempt to close loans from your home at your pace without having to meet quotas. The company gives you access to vendors who provide health insurance and you get a W2 rating allowing you to use the W2 as verification of employment. Build your business with a small team of people that can generate 10 to 20 loans a month amongst the team and you will make descent money that is if your loans close. WLG pays its recruits a low associate commission contract so you have to recruit a few people to make up for the low contract. Keep in mind that in order for you to get overrides on your recruits you have to be a few levels higher than them otherwise you don't make overrides on your recruits, your higher ups do. If you join another mortgage company, you can make a lot of money since you normally start at a much higher contract with them that you do with WLG. Usually with other mortgage companies you are locally driven meaning that they most likely will have a great support team in house or locally such as lenders with their underwriter's in-house, escrow/title companies, access to good appraising companies, insurance companies, etc. If you decide to go to a traditional mortgage company, go for one with the in house support to ensure that your loans close in less than 30 days. WLG does not have this benefit which slows down the process considerably. Also, WLG is not good for home purchase financing since most purchases have a contract that require closing normally within 30 days of the offer. WLG will hurt you with purchase financing since they move at a sloth pace.the truth hurts but it is the truth. WLG is better for refinancing homes since there is not a rush to have to close in less than 30 days. The problem with refinancing is that in my experience it also takes WLG 2 to 3 months to close deals. No matter what others tell you, this has been the average. It is that bad! You get paid when they close, but the stress and loss of credibility to you is a price you pay for the closing commissions. Constipation is the word that comes to mind when I think of the speed or lack thereof of the WLG closing time. Here is the 411: I am staying with WLG for now since I am approaching it now as a part-time opportunity that supports my other income as opposed to throwing myself into this only as I did at the beginning. DO NOT commit to WLG fulltime and expect to make lots of money right away. The closing ratio for me has been around 25% and I have entered loans with clients with 700+ FICO scores and steady income from their employers. The system is that dangerous in terms of not closing deals. Be cautioned. Why am I still with them, because I have learned the system and how to work it the hard way. Don't count on the yes men and women of the company to tell you otherwise. I will be focusing on other areas in my life to make money for me. I will back deals into WLG as they happen as opposed to being only a WLG disciple. WLG will be an addition to as opposed to an in place of focus of mine. WLG will be something else to make money on when the opportunity presents itself as opposed to sacrificing my first born so that Hubert can get a bigger house with a bigger golf course for him and his Lieutenants to drink their margaritas on the 19th hole. Be your own disciple. There is a reason why only a few at the top of WLG truly are making the money and being hailed as heroes while the masses suffer. Remember Marie Antoinette just before the French revolution when she was asked about the people who were starving, her response was let them eat cake. Hubert and his Lieutenants whether intentional or not based on their actions are saying the same thing. You are really on your own in this business, but then again, isn't that the case with anything in life. Be the master of your own destiny. Don't believe in anyone but yourself and figure out how you can use this system to your advantage. Don't swallow the hype because it will sink you. Take what you can use and defecate the rest. How do I know this, because I am a WLG insider. I have won awards with WLG and likewise, I have lost friends, contacts and money because of the hype. More to come, but this is all for now. INSIDER. Insider

I read through the threads of information and I see common schemes of complaints. People are concerned about fees that are less than $500 in order to begin an entire business that you CAN in fact make a six-figure income. LISTEN TO YOUR OWN WORDS before being negative!!! Where else in this world can you open up your own business for that money?? This is by far not a get rich quick scheme. You have to make a business plan and work at it. People who are failing are doing so because they lack business skills. Any one who knows a self employed person should ask them how hard they have to work in order to begin and operate a business. How much capital does it take to become licensed as a loan officer in 30 states if you go out and do it on your own. How much does it cost to purchase off-the-shelf software like "Point" to even process a loan. We are provided lenders, technology, compliance, advertising, and a great compensation plan. People that are not satisfied are looking for an easy way to skate through life. Those who keep an open mind, are dedicated to learning, and have goals that they are willing to take action on will seize the day. This is a vehicle that can take you where you want to go as long as you have a map to get there. Good luck to those who want success in their life. Those who focus on the doom-and-gloom will live that way. Those who dream big and obsess with achievement, will receive their dreams. Good luck and live with passion!!

I am a very sceptical person. A co-worker and I consistantly worked 20-40 overtime hours a week just to make ends meet and not even get ahead. About 8 months ago, he was aproached by an old friend who recruited him into WLG/GEL. When my co-worker tried to recruit me I didn't even consider it and turned him down. About two months after that I noticed my co-worker was no longer showing up for the overtime shifts. I finally had a conversation with my co-worker about two months ago when I noticed he had a smile on his face from ear to ear. This is a guy who before was always moody. He shared with me his experience thus far with WLG/GEL. He no longer needs the overtime and now actually has a savings account that is growing. He gets to spend more time with his family and feels alive again with hopes and dreams for the future. I finally joined WLG about two months ago and this month alone I made almost twice as much as I made at my full time job. I sincerely believe in WLG/GEL and I am excited of the lifestyle I will soon be able to provide for my family with WLG/GEL. I will recruit my best friends and close relatives to WLG because I want them to succeed and have a great promising life. P.S I've also stopped working the overtime shifts and actually spend wonderful weekends with my family for the first time in years. WLG is a great company where the harder you work the greater your rewards will be. At WLG you will earn an honest living and feel good about actually helping people and changing lives for the better. Thank God for WLG. God bless

Hi Johnathon. I joined Global Equity Lending in February of this year. I have been a licensed Real Estate agent for 5 years now. I saw this as a great opportunity to make more money within the real estate transaction as well as pickup some refinance business. After all, Coldwell Banker now answers their phones something like this, "Coldwell Banker Real Estate and Mortgage Services, how can I help you"? We are after all in the age of one stop shopping right? To date I have done two traing mortgages and they have been great. I helped a client finance her first home and refinanced a neighbors home. They were both happy with my services and having been in the RE business for 5 years now, the fees were competitive. I earned back my expenses for joining the company with the first loan. How many businesses can you start and make back your investment with your first piece of business? I have my senior associates at my beckon call all the time. I am very excited about the added services I now provide. I have had other businesses and this is extremely promising. I have about 8 loans in what we in Real Estate call our pipeline, future business we are developing. I have a friend who joined because of me and he is real disappointed the day after he has joined because of reports he has begun reading on this site. It's a shame and I would like to hear from other GEL employees. Thank You

I recently joined Global Equity Lending and Im just about to send in my test. It wasnt easy by any means, but it is also an "open book" test. I've searched, seen good and bad things about this company. Some people are saying something to the fact, "GEL isnt like the other companys", "Its not a scam." I'd like to hear from people who work for World Leadership Group and Global Equity Lending. I'd like to know when you started, what you think of the company, and is there a future with it? This also pertains to those who used to work for WLG and GEL. Thanks for your time.

Rebecca, Do you have proof that Hubert gets the $125 sign up fee? No you don't, in fact you have no idea what that fee is for. The fee pays people to process your paper work for new hires. You are an ignorant person. It is obvious that you failed at your stint as a loan originator, but don't assume you know where the money goes. You also mentioned that "WLG, now known as GEL", well you are wrong again WLG is the parent company and GEL, GRM, and GGF are seperste divisions of the company, each providing seperate but important services to the client. You need to study the way business are run before you write stuff that is not true. This type of work allows people to run the business the way they want with out the overhead.

Rebecca, Do you have proof that Hubert gets the $125 sign up fee? No you don't, in fact you have no idea what that fee is for. The fee pays people to process your paper work for new hires. You are an ignorant person. It is obvious that you failed at your stint as a loan originator, but don't assume you know where the money goes. You also mentioned that "WLG, now known as GEL", well you are wrong again WLG is the parent company and GEL, GRM, and GGF are seperste divisions of the company, each providing seperate but important services to the client. You need to study the way business are run before you write stuff that is not true. This type of work allows people to run the business the way they want with out the overhead.

Rebecca, Do you have proof that Hubert gets the $125 sign up fee? No you don't, in fact you have no idea what that fee is for. The fee pays people to process your paper work for new hires. You are an ignorant person. It is obvious that you failed at your stint as a loan originator, but don't assume you know where the money goes. You also mentioned that "WLG, now known as GEL", well you are wrong again WLG is the parent company and GEL, GRM, and GGF are seperste divisions of the company, each providing seperate but important services to the client. You need to study the way business are run before you write stuff that is not true. This type of work allows people to run the business the way they want with out the overhead.

Rebecca, Do you have proof that Hubert gets the $125 sign up fee? No you don't, in fact you have no idea what that fee is for. The fee pays people to process your paper work for new hires. You are an ignorant person. It is obvious that you failed at your stint as a loan originator, but don't assume you know where the money goes. You also mentioned that "WLG, now known as GEL", well you are wrong again WLG is the parent company and GEL, GRM, and GGF are seperste divisions of the company, each providing seperate but important services to the client. You need to study the way business are run before you write stuff that is not true. This type of work allows people to run the business the way they want with out the overhead.