Plain and Simply,
the best LO Comp Plan in the industry
You as the Loan Officer will only pay $1,250 per file until reaching the annual #CapOut, after which point all of the commission goes back to you.*
#CapOut after Closing 16 Loans
Client Direct Mortgage has the best LO Comp Plan in the industry. Loan Officers have a flat payment of $1,250 per file. Once they reach the annual cap of $20,000, all the loan income is directed to the Loan Officer. Simply put, upon closing 16 loans, Loan Officers will reach the cap*. As a prerequisite to joining Client Direct Mortgage,
a Loan Officer must have closed a minimum of six loans in the last 12 months.
Company Cap at $20,000
The annual corporate margin associated with any individual loan officer will not surpass $20,000 for loans. Once this limit is reached, you, as the loan officer, will start earning the corporate margin on all subsequent deals, in addition to your regular compensation.
Control Your Comp
After reaching your annual company compensation cap, any additional corporate margin earned will be directly allocated to you. This represents a significant increase in pay compared to other lender structures. You have the option to retain the margin or enhance your rates. The bottom line is, you're in control!
Multiple Income Streams
Elevate your earning potential through our RevShare Program. By recruiting Loan Officers, you can earn residual compensation based on their production.
Why is this a Gamechanger?
Watch this video of our CEO, Ramon Von Walker, give an in-depth analysis.
Want to Compare Rates? Submit a Pricing Request here.
Calculate How Much You'll Make
Calculate how much money you are currently leaving on the table.
Calculate how much you can earn from the RevShare Program.
Get excited for the Game On platform...
Our technology-focused company was built by a top originating Loan Officer for Loan Officers that want to be at the top of their game. Check out the best Loan Officer package in the industry for the money -- from the ones we've built from scratch to our partnerships with enterprise-level systems. We provide everything you need to get going immediately.
The Best Loan Officer Package
Mortgage & Realtor Leads
All-in-One Technology Platform
Loan Origination System
Product Pricing Engine (PPE)
Full Service Processing
Streamlined Disclosure Process
Knowledge Base & Support
Mortgage & Recruit Website
Mortgage Leads Toolkit
Recruitment Toolkit
Focused Pipeline
MeridianLink PriceMyLoan
DocMagic
Experienced Contract Processors
Mobile Website
Help your Clients connect with you
Robust Automatic & Virtual Support
Assets to Build your Team
MeridianLink (LOS)
Salesforce (CRM)
Live Coaching & Training
Daily Systems and Sales Training
Great Platform
Enterprise Systems
Cheap Price
Fee Overview
$79 / month (required)
Monthly Fee
Our minimal fees give you access to the Loan Officer Package. Monthly recurring fee must be paid by credit or debit card.
Fee Overview
$79 / month (required)
Monthly Fee
Our minimal fees give you access to the Loan Officer Package. Monthly recurring fee must be paid by credit or debit card.
Prospecting Strategy Program Fee
$299 / month (optional)
Loan Officers can enroll in our Prospecting Strategy Program, an all-encompassing package that provides extensive training on the most recent loan products and strategies for reaching out to borrowers or realtors.
This includes:
50 new realtor leads of eligible listings/month
Client Direct Call Center Agents call your realtor leads daily and transfer them to you on your dedicated Zoom phone/SMS app.
Every realtor lead/listing receives a property website and PDF showcasing the listing through your dedicated OSI Express Mortgage Flyers account.
Two co-branded lead funnels ($10 / additional funnels). See example.
Private Coaching Session with President & CEO, Ramon Von Walker (six year running Scotsman Guide Top Originator).
Check out our One+ Sales Strategy Facebook group to learn more about the program.
Get your referral partners paid...
Our Business Development Team
You can get your current referral partners, like realtors, paid up to 1% of the loan amount.
They'll join our Business Development Team and refer mortgage deals, whether that client is seeking pre-approval or already in contract. It's a win-win for you and your referral partners.
Now, let’s dive into how our RevShare Program works...
Residual Income
1
2
Earn income on LOs
you recruit
You will earn 10 bps on closed loans for every LO you bring in.
This is called your Tier 1.
Earn income on the LOs your direct recruit brings in
When your direct recruit brings in LOs, you will earn 10 bps on their closed loans.
This is called your Tier 2.
Even earn income on your recruits, downline LOs
When the LOs you recruit, begin to bring on LOs, you’ll earn 5 bps on those LOs.
This is called your Tier 3.
3
4
You'll make at least $185,000 every year!
When your downline LOs recruit five loan officers & meet the annual company commission cap ($2 million loan volume), you hit $185,000 in RevShare comp and keep earning more from there:
Tier 1 -> you earn 10 bps / deal = $10,000
10 bps (.1%) x $2 MM (LOs loan volume) = $2,000 per Tier 1 LO
Tier 2 -> you earn 10 bps / deal = $50,000
10 bps (.1%) x $2 MM (LOs loan volume) = $2,000 per Tier 2 LO
Tier 3 -> you earn 5 bps / deal = $125,000
5 bps (.05%) x $2 MM (LOs loan volume) = $1,000 per Tier 3 LO
Share the love and spread the word! As other loan officers come onto our platform driven by your referral, you'll grow another stream of income. Lets break down our RevShare Program.
Company Commission Cap Fee
After you meet your $20,000 annual maximum company cap, all net compensation goes back to you for the remainder of the year. You'll then incur a minimal Company Commission Cap Fee on the remaining deals you close that year. The more deals you close, the lower your per-deal fee.
$399 / per deal
On loans 0-12, after you've met your annual Company Commission Cap Fee.
On loans 13+, after you've met your annual Company Commission Cap Fee.
$99 / per deal
These fees are waived until February 28th, 2024.**
Level up to a
Premier Status...
Earn your way to Premier Status
Let us help you save time and grow your line with a dedicated support and concierge team that helps you build your downline. The Loan Officer Premier Statuses reset each year.
Diamond
Platinum
Gold
Silver
Recruit 10+ Loan Officers whom all reach the annual Company Commission Cap
Recruit 5+ Loan Officers whom all reach the annual Company Commission Cap
It all starts here- every Loan Officer begins at Silver status
Benefits
Dedicated Recruitment Concierge (40-hrs per quarter)
Prioritized Marketing Support (40-hrs per quarter)
Reduction of fees
Benefits
Recruit 5+ Loan Officers
Benefits
Recruitment Concierge (20-hrs per quarter)
Marketing Support (20-hrs per quarter)
Recruitment Concierge (5-hrs per quarter)
Marketing Support (5-hrs per quarter)
Join the "Best LO Comp in the Industry" Facebook Group
Want to Compare Rates? Submit a Pricing Request here.
Click to join the conversation and live webinars
Watch our previous webinar
Get started
Interesting in learning more? Click the button, complete the form and we'll be in touch.
Location
2700 Ygnacio Valley Rd. Suite 255
Walnut Creek, CA 94598
Contact
(888) 278-3006
Ramon@clientdirectmtg.com
Copyright ©2024 | Client Direct Mortgage
Equal Housing Lender | NMLS #1065732
Licensed In: AL, AZ, CA, CO, CT, DC, FL, GA, ID, IL, IA, KS, KY, LA, MD, ME, MI, MN, MS, NE, NJ, NC, OH, OR, PA, SC, TN, TX, VA, WA, WI, WY & WV | nmlsconsumeraccess.org
*#CapOut = closing 16 non-del loans, once capped-out, broker loans are included.
**Valid for new loan officers joining the company.