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Compensation Strategies for Loan Officers That You Need to Know

March 21 | March 21March 21

Date: March 21

Time: 2 PM EST

Cost: Free

 

A new year has just begun – is your financial institution delivering the quantity of mortgage loans you anticipated? It is important to review your compensation plan to ensure it is aligned with your financial institution’s mortgage goals. Making the decision to adjust compensation toward bringing in new business rather than waiting for clients to come in can lead to a big reward for both the individual loan officer and your business as a whole. In this presentation, we will discuss loan officer compensation strategies to help drive increased production. The following points will be discussed:

 

  • Inspecting what you expect
  • Commission vs. salary
  • Types of compensation
  • How to write a compensation plan
  • Breakdown of an effective compensation plan for a manager and loan officer

 

This webinar will be presented live and the recording will be shared with all registrants following the event. This event is open to all real estate professionals.

 

Information is for educational purposes only and should not be relied upon by you. Information deemed reliable but not guaranteed. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. LenderSelect Mortgage Group is a registered trade name (DBA) of Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlscosnumeraccess.org) is an Equal Opportunity Lender. Located at 804 Moorefield Park Drive Suite 102, Richmond, VA 23236.

Details

Date:
March 21
Time:
March 21
Website:
https://attendee.gotowebinar.com/register/8114893187868253187

Details

Date:
March 21
Time:
March 21
Website:
https://attendee.gotowebinar.com/register/8114893187868253187