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August 21, 2017

A New Tally: Nonconforming Originations Hit $7 Billion in 2Q17

By Brandon Ivey

Our ranking of the nonconforming sector is divided among lenders that specialize in the products and those where it accounts for a small slice of production.

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On average, how much of a commission does your shop pay loan officers per loan they originate ?

25 to 50 basis points.
51 to 100 basis points.
101 to 150 basis points.
North of 151 basis points. (We expect a lot.)
We pay salary, not commission.

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