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The Lending Company of the Future!
Why a Career in Mortgage Planning? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Problems of the Lending Industry ,[object Object],[object Object],[object Object],[object Object],[object Object],WHAT CAN YOU DO TO JUST MAINTAIN YOUR  PRESENT  INCOME?
JOINT VENTURES
DIRECT LENDERS
THE VISION   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
THE MISSION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
THE SYSTEM   ,[object Object],[object Object],[object Object],[object Object]
TRADITIONAL COMPENSATION PLAN (Based on a 50/50 plan of a Senior Loan Officer) Annual income Loans a month ($9,200 Monthly Income) % ysp $200,000 Average Loan Amount 2.3%  =  4,600 Average Commission x50  2,300 $110,400 x4
TRANSCONTINENTAL COMPENSATIONAL PLAN ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Three Streams of Income   Personal Loan Production Management Overrides Residual Profit Sharing
PROFIT   SHARING BONUS Gross Commission Income to TLG   $2,000,000 Profit Sharing Bonus (5%)     x 5% Profit Sharing Pool $100,000 Calculation for Profit Sharing Bonus Pool Gross Loan Volume (GLV) of your Recruit    $1,000,000 Divided by GLV of TLG   $80,000,000 Percent of GLV Attributable to your Recruit    1.25% Total Profit Sharing Bonus Pool   $100,000 Profit Sharing Bonus Pool of Recruit     $1,250 Calculation for Profit Sharing Bonus Pool of Your Recruit
PROFIT   SHARING BONUS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Would you like to Create Your Own Sales Force? ,[object Object],$319,820 Total annual income after three levels $128,700 $86,400 60 LO’s x 3 loans x $40 =  $7,200 3rd  level $32,400 20 LO’s x 3 loans x $45 =  $2,700 2nd  level $  9,900 5 LO’s x 3 loans x $55 =  $825 1st  level $75,200 4 loans x $200,000 x 2.3%  x 45% =  $6,270 Training Overrides $115,920 3 loans  x  $200,000  x  2.3% x 70%  =  $9,660 Personal  - You Annual Income Monthly Income Recruits
Senior LO Responsibilities: ,[object Object],[object Object],[object Object],[object Object],[object Object],Supply all of the amenities and office needs of LAs and LOs   Branch Manager Responsibilities:
Realtor/Loan Officer Responsibilities: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Tale of Two Loan Officers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Team Building Success ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Your decision ,[object Object],[object Object],The big question is where do you go from here? Register at www.tlg.bz

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Tlg Powerpoint

  • 1. The Lending Company of the Future!
  • 2.
  • 3.
  • 6.
  • 7.
  • 8.
  • 9. TRADITIONAL COMPENSATION PLAN (Based on a 50/50 plan of a Senior Loan Officer) Annual income Loans a month ($9,200 Monthly Income) % ysp $200,000 Average Loan Amount 2.3% = 4,600 Average Commission x50 2,300 $110,400 x4
  • 10.
  • 11. PROFIT SHARING BONUS Gross Commission Income to TLG $2,000,000 Profit Sharing Bonus (5%) x 5% Profit Sharing Pool $100,000 Calculation for Profit Sharing Bonus Pool Gross Loan Volume (GLV) of your Recruit $1,000,000 Divided by GLV of TLG $80,000,000 Percent of GLV Attributable to your Recruit 1.25% Total Profit Sharing Bonus Pool $100,000 Profit Sharing Bonus Pool of Recruit $1,250 Calculation for Profit Sharing Bonus Pool of Your Recruit
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.