Personal Production
| BPS | CAP | |
|---|---|---|
| Avg Loan Size | # Loans Closed | Commission $ |
Total Commission (Personal Production) $
BASE COMMISSION COMPENSATION
Employee compensation will be paid on the 15th and the last day
of each month for employee originated loans that closed and
funded for the prior associated applicable time period.
Compensation for all loans closed and funded from the first of
the month through the 15th of the month are paid on the last day
ofthat month and compensation for loans that closed and funded
from the 16th through the end of the month are paid on the 15th
of the subsequent month. The company shall determine which loans
are originated by Employee at its sole discretion. Employee will
be paid for each loan closed, based on the following:
BPS Rate: 50 BPS Max Commission Amount: $3500