Mortgage Banker

100% Profit & Loss including YSP & SRP

19

$2M per month

$5,000 + $1,000 per employee

none

$275 + 50-75 basis points negotiable

$450 + $50 per employee > 3

none

not allowed

required

Point

branch, contract, corporate

2 days

major medical, dental, vision

Mortgage Banker

100% Profit & Loss including YSP & SRP

25

$3M per month

2 months overhead expenses

$1,000

$845

$125 per employee

50 - 75 basis points

not allowed

required

Encompass

branch, contract, corporate

2-3 days

major medical, dental

Mortgage Banker

100% Profit & Loss including YSP & SRP

38

15 loans per month

2 months overhead expenses

branch licensing fees

$897

$350

50 - 100 basis points

not allowed

required

Encompass

branch, contract, corporate

2-3 days

major medical, dental, vision

Mortgage Banker

100% Profit & Loss including YSP & SRP

21

none

2 months overhead expenses

$300

$1,575 - $1,610

none

none

allowed

not required

proprietary

self, branch, contract, corporate

1-2 days

major medical, dental

Federal Savings Bank

100% Profit & Loss including YSP & SRP

48

$3M per month

2 months overhead expenses

$1,275

$945

$440 + $126 per employee

60 - 100 basis points

not allowed

required

proprietary

branch, contract, corporate

2 days

major medical, dental, vision, 401k

Federally Chartered National Bank

100% Profit & Loss including YSP & SRP

48

$3M per month

2 months overhead expenses

2 months overhead expenses

$995

$750 + $60 per employee

25 - 50 basis points

not allowed

required

Encompass

branch, corporate

2-4 days

major medical, dental, vision, 401k

Mortgage Banker

100% Profit & Loss including YSP & SRP

38

10 loans per month

1 month overhead expenses

none

$815

$250

30 - 60 basis points          volume incentives

not allowed

required

Avista

self, branch, contract, corporate

1-2 days

major medical, dental, vision, life, HSA, 401k

Mortgage Banker

100% Profit & Loss including YSP & SRP

16

8 units per month

1 month overhead expenses

travel to visit corporate office

$1,205

none

25 - 50 basis points          volume incentives

allowed

required

Encompass

branch, contract, corporate

3-4 days

limited medical

Mortgage Banker

100% Profit & Loss including YSP & SRP

15

5 units or $1M per month

1 month overhead expenses, minimum $3,500

$500

$1,000 - $1,200

$25 per Originator

10 - 30 basis points

not allowed

not required

Point

self, branch, contract, corporate

2-4 days

major medical, dental

---

---

---

---

---

---

---

---

---

Mortgage Banker

100% Profit & Loss including YSP & SRP

50

$1M per month

2 months overhead expenses

$125 per employee

$795

$100

varies - depends on branch volume

not allowed

required

Encompass

branch, corporate

2-4 days

major medical, dental, vision, 401k

---

Mortgage Banker

100% Profit & Loss including YSP & SRP

12

9 units per quarter

2 months overhead expenses

$4,000

$850 + 25 bps

none

none

allowed

not required

PC Lender

branch, contract, corporate

2-4 days

major medical, dental, vision, life, 401k

---

Federally Chartered National Bank

100% Profit & Loss including YSP & SRP

50

10 units per month

2 months overhead expenses

none

$995

none

25 - 75 basis points

not allowed

required

Encompass

branch, corporate

2-4 days

major medical, dental

---

---

State Chartered Commercial Bank

100% Profit & Loss including YSP & SRP

48

$2.5M per month

2 months overhead expenses

$120 per employee + reserves

$995

$135 per employee

50 - 100 basis points

not allowed

required

Avista

branch, corporate

3-4 days

major medical, dental

---

State Chartered Savings Bank

85% Profit & Loss including YSP & SRP

all branch expenses paid for by corporate

42

10 units or $1.5M per month

none

none

$1,245

none

50 - 75 basis points

not allowed

required

SMART

corporate

2-3 days

major medical, dental

---

State Chartered Commercial Bank

100% Profit & Loss including YSP & SRP

50

10 units or $1.5M per month

$15,000 - $25,000

reserves

$750

none

50 - 60 basis points

not allowed

required

Encompass

branch

2 days

major medical, dental, vision, life, disability, 401k