Is this New Jersey Machinist the Father of Labor Day?

I will tell you in a minute. 

When I was a kid, I always knew Labor Day meant one more break before school really kicked in.

Back then, who knew I would be in the Mortgage Industry for 30 years!?

Innovative Mortgage is working hard to give New Jersey MLOs the choices, flexibilities, compensation, and pricing that they work so hard for!

Hiring mortgage originators since in 1994, Innovative Mortgage now is offering its 100% Compensation and Flat Fee Origination model in NEW JERSEY!

Look at just some of the reasons our MLOs' commissions are actually worth the labor MLOs put into each deal:


  • Great Rates - Raw Wholesale Pricing - This means you offer better pricing in an increasing rate environment to capture more clients and market share
  • Great Products - This means you are not stuck with the same small matrix of loan offerings. Innovative has 60+ Lenders YOU can choose from
  • Great Compensation - We let each MLO select their own compensation that they make on the loans - YOU are in charge of your pricing
  • Flat Fee - MLOs keep all compensation from the loan funding minus a $595 FLAT FEE
  • Fast Pay - we will pay you 24 hours after funding or our Correspondent Loan platform
  • No Quotas or Tiers - You can close 1 loan or 20 loans and you get your selected compensation from Dollar $1
  • Transition in 24-48 Hr and you are up and running
  • 100% Remote or Virtual
  • Commercial and SBA lending available
  • Brand yourself with a DBA
  • Bring a team and create a branch or Virtual Branch - Make overrides without the overhead!


For more information, click HERE

Calculate your pay raise HERE


SO.... Is this New Jersey Machinist the Father of Labor Day?


Matthew Maguire of Paterson, New Jersey, [1855-1917], was not only a man to be reckoned with in the beginning days of the American labor union movement, but was very probably the man behind the creation of Labor Day.


The first Labor Day Parade was held in New York City on September 5, 1882, under the aegis of the Central Labor Union. (The first parade was on a Tuesday, not a Monday.) Matthew Maguire sent out the invitations and according to his grandson Matthew Feeney, Maguire and his wife rode in the first carriage at the head of the parade. The Maguires shared the carriage with Henry Ward Beecher, the famous social reformer, abolitionist preacher and brother of Harriet Beecher Stowe, author of the anti-slavery book Uncle Tom’s Cabin.


The number of people who marched in this parade (and went to a picnic afterward), is unclear. Different sources give different numbers, but it seems the parade was at least 10,000 strong and could have had as many as 25,000 participants. Even 10,000 people is an enormous number for that time, when they didn’t have today’s instant communication…no broadcast emails in 1882! And Labor Day was not yet a holiday, so many of those attending gave up a day’s pay to participate.


Mr. Maguire clearly knew the value of hard work and pushed hard for worker benefits and shorter work weeks.


Innovative Mortgage applauds ALL MLOs, because we ARE you! We know the effort and hard work and stress needed to close loans AND..


We are here to offer you better options, better pricing, better compensation, and better flexibility.


Call me to price a few deals and see our raw pricing that will win you deals and our MLO wealth-building commission structure.


Or contact us for more information right now!!!


Innovative Mortgage Services, Inc. - NMLS 250769

Equal Housing Lender

Are you a mortgage originator looking for more support and better compensation? Interview us today and see if Innovative Mortgage Services, Inc. is a good fit for you.

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