Free Tool
Loan Officer Commission Calculator: what will you actually take home?
Loan volume and a bps rate are only the starting point. Your split with the company and per-loan fees decide what actually lands in your account. Enter your numbers to see it broken down.
EZ Recruits helps mortgage companies present a clean, honest comp story during recruiting.
How it works
Four steps from loan volume to your paycheck
The bps rate on your comp plan is just the starting point. This is what actually happens to that number before it hits your account.
Gross commission
Average loan amount multiplied by your bps rate, then multiplied by loans closed in the period.
Company split
What the company keeps before you're paid, whether that's a flat split, a graduated tier, or a cap structure.
Per-loan fees
Flat admin, processing or compliance fees deducted from each closed loan, regardless of loan size.
Net take-home
What's left after the split and fees, the number that actually shows up in your account each pay period.
FAQ
Common questions about loan officer commission
How is loan officer commission calculated?
Commission is typically the loan amount multiplied by a basis-point (bps) rate. 100 bps equals 1%, so a 100 bps commission on a $400,000 loan pays $4,000 in gross commission before any company split or fees.
What is a typical loan officer commission rate?
Retail loan officers averaged roughly 92 to 103 bps in 2025. Banks and credit unions often pay 50 to 80 bps plus a base salary, while independent brokerages and lenders commonly pay 100 to 150 bps with little or no base.
What is a commission split in mortgage lending?
A split is the percentage of gross commission the loan officer keeps after the company's share. W2 loan officers commonly keep 70% to 90%, while 1099 independent contractors often keep 80% or more, both usually after flat administrative or processing fees.
What fees typically come out of an LO's commission?
Common deductions include a flat administrative fee, a processing fee, and sometimes a compliance or E&O charge, often totaling $500 to $600 per closed loan. Some companies bundle these into the split percentage instead of billing them separately.
How is this different from the pay raise calculator?
This tool estimates take-home pay from one comp plan. Our pay raise calculator compares two plans side by side, useful when you're weighing a new offer against your current one.
Recruiting loan officers who want a clear comp story?
EZ Recruits helps mortgage companies present splits, fees and comp plans clearly during recruiting, so LOs never feel surprised on their first paycheck.