Will your current compensation plan and product suite sustain you through a slowing market?
Innovative Mortgage says you should be enhancing your business plan now.
Mortgage Loan Officers, do not get caught in a profitless origination platform when the market slows.
It has been said that anyone can make money in an “up” market, the true professionals can make money in a “down” market.
I am not preaching doom and gloom. We are far from that. But if your production returns to where it was prior to the refi boom, where will that leave you?
What if you could only close 1 loan per month at the average loan size that we have been producing...
CURRENT BROKER = 100 BPS x average loan size ( 283,000) = $2830
INNOVATIVE MTG = 275 BPS x average loan size ( 283,000) = $7782
This is a worse case scenario with only generating 1 loan per month, but if you do that here at Innovative Mortgage, you can still make over $93,000 per year!
Ask questions and browse our platform where you can compare your last 6 -12 months of production and income to what it would have been here are Innovative Mortgage.
MLOs, DON’T WAIT
See Our Simple Compensation Agreement and Join Now
For more information and MLO Tips, feel free to contact us at 727-372-8059
Click or tap below to like and share. Tag a friend who might need this information.
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.
