MLO Pay Raise Calculator

MLO Pay Raise Calculator

Adjust the sliders below to learn how much more you can earn by switching to Innovative Mortgage Services. Don't keep leaving money on the table.

Your numbers today

Drag the scroll bars to match your business.

2
125
$350,000
$50k$1M
125 bps
50350
Your comp at Innovative Every MLO earns a flat 275 bps ?
275 bps
Your annual income at Innovative
$214,320
$8,930 per loan, paid to you in 24 hours
Leaving on the table
every month
$9,110
Leaving on the table
every year
$109,320
That's a 104% raise over your current pay — without changing how you do business.

All calculations are estimates. At Innovative your compensation is based on your chosen bps, less a $695 flat transaction fee per loan and paid 100% to you. To receive a compensation plan specific to you, please request an information packet.

How the math works

One flat comp. Paid to you.

Innovative mortgage loan originators elect — and can modify — their compensation every quarter. We deduct one flat transaction fee and disburse the balance straight to you.

Compensation, your way

Elect your compensation and modify it quarterly. You collect revenue on each transaction equivalent to your elected compensation.

One flat $695 fee

A single flat transaction fee per loan — then the balance of your elected compensation is yours, paid 100% to you where permitted. That is what makes Innovative a flat fee mortgage broker.

Paid in 24 hours

Correspondent channel commissions are disbursed within one business day of funding — your money, fast.

See our compensation plans

Ready to keep what you earn?

You choose your compensation, you choose your lenders, and you make top compensation from dollar one. Let's talk about your move to Innovative, and about the mortgage referral program that pays you residual income on the MLOs you refer.