Lender Price API
Pricing a Loan / Common Tasks in Pricing / Compensation Plans
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    Compensation Plans
    In This Topic

    The Compensation Plan, or comp plan, determines the compensation given to the loan officer. It is set as a dollar amount or percentage (of the loan).

    Setting the Comp Plan

    Set a comp plan value  in the BrokerCriteria.compPlan field.

    Set a comp plan range  using ClosingCost.maxCompensation and ClosingCost.minCompensation fields to set the maximum and minimum values, respectively.

    Other relevant fields include:

    Overriding the Comp Plan

    To override the comp plan value and provide a different loan officer compensation, use BrokerCriteria.overrideExistingCompPlan to override the comp plan set in compPlan.