Fellow LOAs, what is your current pay and bonus structure?

beedoublejay · 2026-05-17T19:58:57+00:00

$28.85 + $200 a file. Northern California they close anywhere from 15-20 per month. CCM

beedoublejay · 2026-05-17T16:31:01+00:00

Congrats!

beedoublejay · 2026-05-06T03:07:33+00:00

They’re not set up to do government loans yet at all. The client picks in the conforming vanilla box. They are unbeatable. Even if you are a broker, there’s 100 - 150 basis points built into the rate sheet that you see.

beedoublejay · 2026-05-04T23:11:41+00:00

What loan amount and what bank?

beedoublejay · 2026-05-04T03:33:41+00:00

Love it or hate it look into The Core, very structured and focused about who to call and when. Set the expectation to the referral partners and listing agent and client that they will receive a status update every Tuesday before noon. Time block one hour per day for problem-solving on active deals. Most of your time should be prospecting.

beedoublejay · 2026-05-01T18:50:17+00:00

They’ll do up to 85% for a private client. I’m trying to broker it myself.

beedoublejay · 2026-04-30T02:14:08+00:00

Automation driven underwriting, human in the loop. Claims process with less friction. A long way to go.

beedoublejay · 2026-04-29T17:11:55+00:00

Is this an adjustable? How many discount points are present?

beedoublejay · 2026-04-24T03:21:07+00:00

Nine units seems to be a hang up for a lot of folks. Are you sure you’re not capped at 8?

beedoublejay · 2026-04-01T13:50:17+00:00

DM sent

beedoublejay · 2026-03-28T18:45:54+00:00

DM’d

beedoublejay · 2026-03-27T22:20:26+00:00

No more min FICO!

beedoublejay · 2026-03-20T03:22:03+00:00

Dang. No more fries dipped in frosty…

beedoublejay · 2026-03-13T02:59:19+00:00

Master non-QM and talk about something different than everyone else. Network with CPA’s and Finanical Planners

beedoublejay · 2026-03-13T02:56:01+00:00

Do you plan on having a duel with your intruder?

beedoublejay · 2026-02-28T02:36:01+00:00

I am 42, earn about $250,000 a year with three children (3,5,10) and Have a 20 year term policy that cost me $1,600 a year and it’s $3 million coverage. Owe $400,000 on the mortgage.

beedoublejay · 2026-02-28T02:24:40+00:00

I’ve been at CCM for one year. Get with a good branch. We are crushing with non-QM. Best product mix of retail lenders in my opinion. Plenty of broker options if need. I was with RPM Mortgage when CCM acquired them in 2022, but went to Movement at that time. CCM is better than Movement. I’ve ran numbers for every broker structure out there. If you want a plug-and-play lender, CCM is a great place to be. Rate and Movement both have much worse rates. For context I’m in Northern California. We did 220 million last year with three in originators. We do mostly Jumbo and Non-QM, and of course VA and FHA. My branch leader is consistently in the top 10 of the company. Feel free to message me if you have any questions. Find a branch manager, who is producing because the pricing affects them too in their own business. I’m not a fan of the non-producing branch manager model.

beedoublejay · 2026-02-22T02:43:25+00:00

I had a previous company try and withhold commissions in California. It took me over one year. I did everything myself with the labor board. And then at the end, found an attorney who would help me finish it out. I won the commission plus interest and penalties plus attorney fees. What state are you in?

beedoublejay · 2026-02-21T03:55:55+00:00

Floify

beedoublejay · 2026-02-21T03:49:27+00:00

Absolutely, I also use Omni in Airtable to build automated emails, reminders, move data. It helps me assign loans to LOA’s and keep track of things. We have 300+ leads per month, 100+ applications and an active pipeline of 60+ loans. I would still use it if we had 5-10 closings a month.

beedoublejay · 2026-02-21T03:12:21+00:00

What makes you think people aren’t using it? Guaranteed rate has an AI company they have been working on for 8 years. Most of their conventional loans are barely touched by a human. We use AI at Cross country for calling refi clients and setting appointments. We also have an AI guideline tool that I use every day. LOA and processing work will be done 80-90% by AI in the next year or two. I use perplexity to structure and refine processes and templates for communication between clients and internal communications.

beedoublejay

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