For CPAs and Enrolled Agents: Help Your Tax Clients With Their Home Financing
Every year you go through your clients’ income, deductions, and long-term goals line by line. When those clients buy a home or refinance, you already understand their finances better than any loan officer they would find on their own.
As a licensed Cypher Partner with Wymac Capital, you can originate those loans yourself, with Wymac’s training, lender access, processing, and technology behind you, joining more than 600 independent financial professionals who have used our system to close over 15,000 home loans.
Watch: Now That Tax Time Is Over (1:01)
See how CPAs, Enrolled Agents, and tax professionals diversify into year-round mortgage revenue in about an hour per loan, while we help guide you through CA DRE and NMLS licensing.
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Watch: A Fantastic Opportunity for CPAs & Advisors (1:45)
How trusted tax and financial advisors protect client relationships, help clients save with wholesale lender pricing, and build on a proven program used by over 600 financial professionals across 15,000+ closed loans.
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Why the Model Fits a Tax Practice
You already have the documents. Tax returns, W-2s, 1099s, and business financials are central to qualifying a borrower. You know them well.
You can spot the right time. Refinancing, buying, and tapping home equity all have tax effects. You can raise financing at the moment it makes sense for the client.
Self-employed clients need someone who understands them. Business owners and self-employed borrowers often find qualifying for a mortgage confusing. Your knowledge of their returns is especially valuable here.
It fits the off-season. Mortgage work can help balance a practice whose workload peaks around tax deadlines.
What Wymac Handles
- Live, hands-on training (Zoom or in person) on the mortgage process and the Cypher platform
- Access to a broad network of wholesale lenders (over the years, we’ve placed loans with more than 200)
- Loan processing and coordination through closing
- Ongoing support from an experienced, licensed broker
- Post-closing rate monitoring through RateAnalyzer
What You Do
- Obtain and maintain your individual MLO license (we help guide you through it)
- Work directly with your client as their licensed loan originator
- Originate your clients’ loans, supported by Cypher and our team
- Quote rates to your client, if you wish, as their licensed loan originator
Professional Standards Come First
CPAs and EAs work under professional and ethical rules that may affect commission arrangements, disclosure, and independence. These may include the AICPA Code of Professional Conduct, your state board of accountancy’s rules, and, for enrolled agents, IRS Circular 230. Some of these rules restrict commissions from clients for whom you perform certain services, such as attest engagements. Before you become a Cypher Partner, please review your own obligations with your professional body or advisor.
Fixed, Disclosed Compensation
Cypher Partners earn a fixed, transparent commission for the origination work they perform. It is structured to comply with the loan originator compensation rules of the Dodd-Frank Act and Regulation Z, and it is disclosed to the consumer. On consumer mortgage loans covered by those rules, it does not vary with the interest rate or other loan terms. We share full compensation details with prospective partners after they contact us. It appears in the loan disclosures the lender issues to your client.
Talk With Us About Adding Mortgage Services to Your Practice
Become a Cypher Partner See the licensing path →
Wymac Capital, Inc. · 346 Rheem Blvd #107, Moraga, CA 94556 (by appointment only) · Call or text 925-885-1919 · Main office 925-937-4300 · info@wymac.com
Real estate broker, California Department of Real Estate, License #01121628 · NMLS #18766 · DRE license information · NMLS Consumer Access · Equal Housing Opportunity
Cypher and RateAnalyzer are proprietary technologies of Sourcetec, Inc., licensed to Wymac Capital.
The information on these pages is for licensed and prospective financial-professional partners and is general in nature. It is not legal, tax, or compliance advice. Licensing requirements vary by state. Wymac Capital does not pay referral fees for residential mortgage loans. Cypher Partners are individually licensed mortgage loan originators who are compensated for origination work they perform.