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Mortgage Commissions
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Residential Mortgage Commission Levels
| HBW Level |
NDA |
EVP |
AVP |
PAVP |
SAM |
AM |
REP 2 |
REP 1 |
| Percentage Payout |
80% |
75% |
70% |
60% |
55% |
50% |
40% |
40% |
Plus NDA bonuses of up to 3% on all generations
Compensation Example: $400,000 Loan Amount x 0.50% = $2,000.00 Production Credit 80% NDA = $1,600.00 70% AVP = $1,400.00 40% Rep = $800.00
Commerical Mortgage Commission Levels
| HBW Level |
NDA |
EVP |
AVP |
PAVP |
SAM |
AM |
REP 2 |
REP 1 |
| Percentage Payout |
75% |
72.5% |
70% |
65% |
60% |
50% |
40% |
40% |
Compensation Example: $1,000,000 Loan Amount x 2% Loan Officer Fee* = $20,000 $20,000 x 20% = $4,000 Production Credit 75 % NDA = $3,000 70% AVP = $2,100 40% REP = $1,200 *Loan Officer Fee can vary from 1%-4% depending on loan size and difficulty of loan.
Reverse Mortgage Commissions
Reverse Mortgage Commission Levels
| HBW Level |
NDA |
EVP |
AVP |
PAVP |
SAM |
AM |
REP 2 |
REP 1 |
| Percentage Payout |
75% |
72.5% |
70% |
65% |
60% |
50% |
40% |
40% |
Compensation Example: $200,000 HUD Value x 0.50% = $1,000 Production Credit
75% NDA = $750.00
70% AVP = $700.00
40% REP = $400.00
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