Loanworks Commissions Description
A business of an aggregator is built on relationships. Your relationship with your brokers is built on relationships. It should be smooth, efficient, and free from errors. It can be difficult to keep track and manage multiple lenders and brokers with different commission structures. It can be time-consuming, costly, and easy to make mistakes when you have to verify and validate data from different lender files. It is essential that you have a solution that automates the process, adapts to your business's changing needs, and does not require large labor costs. It must be based on an intimate understanding of the aggregator model, not just the mechanics of payment, but also the current and detailed knowledge of the ever-changing compliance landscape.
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