COMMISSION

MLO Average Monthly Commission (Members)
I am new to the industry..I was told that MLO who work for a Mortgage broker can average around 20k more a month. That's if they keep around 3mil or more pipeline...Is this salary range reality?....
http://forum.brokeroutpost.com/loans/forum/2/318049.htm (Replies: 15)
Related tags: [salary, commission]

Appropriate Points to charge large loans (Members)
Please-Forum what are the appropriate points to charge on larger mortgage loans? Example: 10,000,000 15,000,000 20,000,000 25,000,000 And so on up to 75 million. Also, is there a standa
http://forum.brokeroutpost.com/loans/forum/2/317409.htm (Replies: 7)
Related tags: [commercial points, residential points, commission]

Broker of record review (Members)
I was searching the net and couldn't find a reliable source that comes well recommended. I would like to know if anyone works with a broker of record and if this could be done in CA
http://forum.brokeroutpost.com/loans/forum/2/313232.htm (Replies: 2)
Related tags: [broker of record, commission, broker support]

FHA Commission Income Question (Members)
From what I understand for commission income FHA wants a two year history... but I wasn't sure if this applied to same career or same employer I have a borrower who has had consistent commission in
http://forum.brokeroutpost.com/loans/forum/2/313097.htm (Replies: 3)
Related tags: [commission income within the same field]

Sacramento LOs Needed - Great Opportunity (Members)
Loan Officers needed – Base Pay + Commission + plenty of exclusive leads Are you licensed by NMLS or have previous mortgage experience? We are a local Fortune 500 company who is expand
http://forum.brokeroutpost.com/loans/forum/2/311388.htm (Replies: 0)
Related tags: [jobs, leads, benefits, commission, training]

CA VA purchase commission job change 1 year (Members)
I have a client wanting to go VA in California. A year ago he sold sell phones paid as hourly plus commission. over 25% of it was commission, probably closer to 50%. been in commission based for ov
http://forum.brokeroutpost.com/loans/forum/2/309114.htm (Replies: 1)
Related tags: [va commission]

AT&T VOE (Members)
AT&T is horrible with verifying income, especially breaking down commission and salary. Has anyone experienced this and what was your outcome?
http://forum.brokeroutpost.com/loans/forum/2/308849.htm (Replies: 2)
Related tags: [income, commission, at&t, voe]

NO INCOME DOC, NO UPFRONT FEES "DIRECT" CA LENDERS (Members)
NO INCOME DOCUMENTATION NO UPFRONT FEES "DIRECT" CA_LENDERS PLEASE COME FORWARD! NO INCOME DOCUMENTATION NO UPFRONT FEES "DIRECT" CA_LENDERS PLEASE COME FORWARD;I'M LOOKING FOR GOOD SOURCES OF LEND
http://forum.brokeroutpost.com/loans/forum/2/305082.htm (Replies: 1)
Related tags: [good self employed, commissioned and retired]

New LO should make how much..?? (Members)
what should a new loan originator make if hes newly licensed, has a finance degree, and within his first 5 weeks he has 5 loans processing and proves worthy of employment. What is the average LO compe
http://forum.brokeroutpost.com/loans/forum/2/303190.htm (Replies: 9)
Related tags: [pay, compensation, salary, commission, contract]

April 1st - Where do I go? (Members)
Good Afternoon All- I was a broker for years and I went to a bank to do nationwide loans, have internal referral partners, and avoid the license issues. Now my bank is paying 50 bps on the loan
http://forum.brokeroutpost.com/loans/forum/2/301473.htm (Replies: 19)
Related tags: [broker, correspondent, bank, commission]

Commission Income (Members)
I need to place a purchase deal. The borrower has been in medical sales for the past 7 years. He has earned approx $100K for the past two years ($50K base, $50K commission). Last month he started w
http://forum.brokeroutpost.com/loans/forum/2/298795.htm (Replies: 3)
Related tags: [commission, income, w-2]

Now Hiring Seasoned Mortgage Brokers in FL and TX (Members)
Now Hiring Seasoned Mortgage Brokers ResMac, is currently seeking mortgage professionals that are looking for an alternative to the current mortgage environment. As a direct lender, ResMac will pro
http://forum.brokeroutpost.com/loans/forum/2/294164.htm (Replies: 0)
Related tags: [100% commission, direct lender, bi-weekly payouts]

Mortgage Net Branch Opportunities Offered (Members)
Mortgage Brokers Network offers mortgage net branch employment opportunities nationwide with Multi-State Lending in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA,
http://forum.brokeroutpost.com/loans/forum/2/292386.htm (Replies: 2)
Related tags: [net branch, mortgage lender, 100 commission]

NYC area loan officers looking for a FDIC bank (Members)
Please see my post in the Announcement section of this board. http: www.brokeroutpost.com loans brokers forum topic.asp?TOPIC_ID=291260
http://forum.brokeroutpost.com/loans/forum/2/291261.htm (Replies: 0)
Related tags: [100% commission, no nmls]

FHA - W2'd with < 2 yrs Commission Income (Members)
FHA Purchase Borrower is W2'd with more than half his income coming from commissions. 18 months on the job. Need commission income to qualify. WILL ANYONE ALLOW ME TO AVERGAGE OUT TOTAL INCOME
http://forum.brokeroutpost.com/loans/forum/2/290525.htm (Replies: 4)
Related tags: [commission, fha, 2yrs]

Florida Originators! Want more money???? (Members)
We are a correspondent lender originating business exclusively in Florida. We charge a simple $295 per month to write an unlimited amount of loans. NO ADDITIONAL per file fees and 100% commission paid
http://forum.brokeroutpost.com/loans/forum/2/288383.htm (Replies: 0)
Related tags: [jobs, sales, commission, stability, income, broker]

TOP PRODUCER? You want to see this! (Members)
We are a correspondent lender exclusive to Florida. We charge a simple $295 per month to write an unlimited amount of loans. NO ADDITIONAL per file fees and 100% commission paid... THAT'S RIGHT! $2
http://forum.brokeroutpost.com/loans/forum/2/288321.htm (Replies: 0)
Related tags: [sales, commission, jobs, lenders, hiring, stabilit]

"network of shell companies" (Members)
Old news, I just found. And hat's off to the NC commissioner of Banks. I must say it's been a spell, since I have read anything this articulate, written by a bureaucrat. North Carol
http://forum.brokeroutpost.com/loans/forum/2/287403.htm (Replies: 6)
Related tags: [nc office of the commissioner of bank]

Need Loan For Commission W-2 Borrower (Members)
I have a client tat is approved DU, but he made $16,000, on 2008 1040's, he just got his W-2 for $89,000 commission for 2009 and his 2010 paystubb is already $20,000 commission. The problem is that
http://forum.brokeroutpost.com/loans/forum/2/286037.htm (Replies: 0)
Related tags: [low income, commission, w-2, adjusted gross income]

> Ready for extra income? Plan B (Members)
<font face="Verdana">hello there! <b>In these tough economic times wouldn’t it be nice to have a “plan B” or better yet, a plan to actually prosper?< b> Well, I just joined thi
http://forum.brokeroutpost.com/loans/forum/2/285539.htm (Replies: 0)
Related tags: [telemarketing, work from home, advanced commission]

Bonus vs Commission Income (Members)
I have a borrower that has a salary and previously had commission income, but now it is received in the form of bonus income. Will I be able to use the income? Can they be treated the same. Same line
http://forum.brokeroutpost.com/loans/forum/2/285024.htm (Replies: 6)
Related tags: [income, bonus, commission]

Is it legal? (Members)
To split a commission if another loan officer has a client they can't communicate with due to a language barrier? galland1@sbcglobal.net
http://forum.brokeroutpost.com/loans/forum/2/280882.htm (Replies: 0)
Related tags: [bilingual leads, commission splits]

Brokers Wanted -Nationwide FHA/VA - Work From Home (Members)
Loan officers wanted! We have a unique situation that we would like to offer to a top loan officer! We offer 90% commission. We offer satellite offices for our loan officers to originate and work from
http://forum.brokeroutpost.com/loans/forum/2/279942.htm (Replies: 29)
Related tags: [90% commission payout]

100% commission (Members)
I’m seeking independent and EXPERIENCED!!!!!! real estate agents, loan officers and brokers who ARE LOOKING TO do real estate transactions and broker FHA, VA, and conventional loans directly with a co
http://forum.brokeroutpost.com/loans/forum/2/277035.htm (Replies: 2)
Related tags: [100% commission]

BayBurg Financial Affiliate Program (Members)
Good afternoon, For sometime most of you have really experienced trying times in this business under the previous structure you were once involved in or gotten accustom to. I’m here to extend an
http://forum.brokeroutpost.com/loans/forum/2/274300.htm (Replies: 0)
Related tags: [100% true commissions]

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