Here you will find the Top 5 Issues loan providers are Facing With Loan Officer Compensation

Here you will find the Top 5 Issues loan providers are Facing With Loan Officer Compensation

As loan providers gear up to attract brand new loan officers (LO), numerous keep these things are asking for unique or complex payment plans. The challenge that is real face is adjusting their settlement intends to these needs, while complying with customer Financial Protection Bureau (CFPB) standards.

Joe Ludlow, VP at Advantage Systems shares his insights concerning the present styles he’s seen in loan officer compensation, while offering guidelines to loan providers to generally meet conformity requirements, while attracting probably the most skilled loan officers. Continue reading “Here you will find the Top 5 Issues loan providers are Facing With Loan Officer Compensation”