Underwriting Updates
Published on 23 Jan 2023
Dear broker partners,
We are pleased to announce that our latest Lendwise compensation model will continue to be offered in 2023! This simplified two-tier model that was launched in 2022 allows you to get paid equally on Uninsured and Insured/Insurable deals and pays an efficiency bonus on Commit-to-Fund instead of Application-to-Fund.
Once you fund $12.5M or 39 deals, you will be moved to Tier 2, earning higher compensation and being paid retroactively back to dollar one this year. Remember that all deals are also awarded 1,000 Basis POINTS ($90 value) per file which can be used for future rate buydowns on new client applications.
Click here for the Full 2023 Lendwise Compensation Guide
Please enjoy the 2023 Lendwise compensation model that focuses on maximizing your upfront compensation, as an alternative to MERIX trailer fees.
If you have any questions, please reach out to your Director, Business Development or Personal Account Manager.
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