Before you answer, I 100% believe that, in most cases, newer MLOs need a mentor or leader. They need that oversight and it is well worth the cost. But are you an experienced MLO that knows what to do and how to do it? Are you providing your own leads and referral sources? If you are, you need to consider the Innovative Mortgage 100% Compensation model where you select your compensation, originate and fund your loans, and get paid 100% of the compensation you selected.
Innovative takes a flat fee of $595 / file and you keep the rest.
Stop battling complicated comp plans with tier levels, splits and profit and loss expenses that you may not even benefit from and keep it simple. 100% compensation - $595.
Here is a challenge:
Take your units and volume generated last year and list your 2021 Income
We all know that 2021 was an outstanding refi year so keep that in mind.
Now take those same volume and unit numbers and plug it into our Compensation Calculator. https://www.innovativemlo.com/loan-officer-pay-raise-calculator
How does that compare?
AND…
With 20 Correspondent lenders and over 50 Wholesale Partners you will have unlimited options and flexibility.
No minimum production requirements, gives you unlimited income potential and freedom.
Can you manage without a manager? I bet you can. Bet on yourself this year and win big at Innovative Mortgage.
If you need an origination platform that gives you a choice, schedule an
interview with one of our specialists.
Innovative Mortgage Services, Inc. - 250769
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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17717 Hunting Bow Circle, Unit 101
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727-372-8059
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Innovative Mortgage Services, Inc. - NMLS 250769
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