Broker Outpost Mortgage Forums
Home | Recent Discussions | Register | Login | Mortgage Broker Directory | Mortgage Reference Library
 All Forums
 Mortgage Brokers
 Mortgage Brokers
 Search for: Chase - B of A - Wells.
Related tags: []
Author Previous Topic  |  Next Topic  
velecico

3930 Posts

Posted - 08/11/2008 :  06:30:55 AM

So , will these 3 be the last standing , if so , will 50k be the avg LO salary ?
TimmyZ1

691 Posts

Posted - 08/11/2008 :  06:32:08 AM
quote:
Originally posted by velecico


So , will these 3 be the last standing , if so , will 50k be the avg LO salary ?



I'm confused do you mean that's there average salary there? I thought that's what most of those guys made?
acibella

618 Posts

Posted - 08/11/2008 :  06:40:21 AM
I'd like to point out that you don't receive a salary at any of the 3 mentioned. Unless maybe you work in one of the call centers, but that's not true retail, that's call center.
MortgageBoarder

3973 Posts

Posted - 08/11/2008 :  07:17:54 AM
AC is right, call centrers have a salary. Real LOs, who have to actually create business on their own, are commission only! We get paid BPS based on volume (not fees), so depending on your area, income has a very wide range.
  Previous Topic  |  Next Topic  
Recent Loan Officer Chat © Copyright 2006,2007 - Broker Outpost LLC. All Rights Reserved. Subscribe to the Forum Topics via RSS Go To Top Of Page
Privacy Policy | Terms and Conditions
This page was generated in 0.36 seconds.
Mortgage Brokers | Mortgage Newsletter | | Sponsors | Advertising Info | Reference | Snitz Forums 2000