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Wisconsin's Credit Unions Unite for Good
Wisconsin Credit Union Foundation

Compensation Strategies for Loan Officers That You Need to Know

Hosted by LenderSelect Mortgage Group

Mar 21, 2019 01:00 PM   -­­  Mar 21, 2019 02:00 PM


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Type of Event

Who Should Attend
  • Lenders


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 is a free webinar and 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.