House loan Mortgage Officer Compensation Compliance
House loan Mortgage Officer Compensation Compliance represents important worries for the mortgage marketplace. CompenSafe is a cloud-dependent web application for taking care of, auditing, & reporting House loan Mortgage Originator Commissions & Processor Bonuses.
Our House loan Mortgage Officer Compensation Compliance method sits concerning your Mortgage Originator Technique (LOS) & Payroll system (with genuine-time integration to your LOS). It lets you to determine the fee/bonus constructions and then it immediately calculates your payroll for each financial loan, LO/Processor, and shell out interval. The payroll itemized knowledge can be exported for any payroll system.
Our House loan Mortgage Officer Compensation Compliance solution assists ease guide calculations and dual entry regarding payroll. It presents each LO (or LOA or Processor) their possess account so they can right away see their payment on each financial loan. The system locks down the Commissions method so that Company is in charge of Worker Compensation and not the person Department Supervisors. It quickly handles tiers, splits, changes, maximums, minimums, bonuses, revenue supervisor more than-rides, guide resource allocations, and many others.