7 Loan Officer Compensation Plans
At Clear, we wake you out of the matrix. We let you choose your compensation plan in accordance to where you want to price your rates, and lock your loans.
7 Tiers of LO Comp
Choose your comp level
We allow every loan officer to set their own “Par”
Change based on performance
Based on where you’re pricing and locking loans, we allow each loan officer to change their comp 2 times per year
Transparent revenue
Every loan officer can see all of the revenue and expenses on each loan to make educated business decisions. There are NO subsidy requests
Let's journey together
Our 5 Streams of Income
At Clear Mortgage, we have 5 main streams of income that our sales team can take advantage of
Commission
Your standard commission for closing and funding mortgage loans. We have 7 comp levels to choose from.
Overrides
Your leadership overrides on your branch or other team recruits
Salary
As a branch manager, you are able to put yourself on a salary.
K1 Distribution
True partnership k1 distributions. As you close loans, you have the opportunity to vest into ownership
Profit Sharing Downline
As you build and recruit others into the company, tap into up to 50% of corporate profits
