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You price your loans directly with the lenders of your choice.
There is no sliding commission scale, no minimum production requirements as a loan officer and no basis points X loan amount calculation as a loan officer.
The Jacob Dean loan officer is not required to generate any minimums in revenue per loan.
This is W-2 income; your employer FICA taxes are paid.
As a Branch Manager your branch commission will start at 75% and
increase with the total branch revenue. Call me today at 703.957.4139
to get the details. As your branch grows so does your commission.
So Go Figure ...
The Jacob Dean Calculation as a Loan Officer:
Gross revenue earned = $ 3,000 per loan
At 5 loans per month, gross revenue = $15,000
70% of gross revenue = $10,500 per month or $126,000 per year. This is your income as a loan officer.
Call me for the Branch Manager pay structure at 703.957.4139. |