Automated Incentive Compensation & Performance Management Platform for Mortgage Lenders

LBA Ware CompenSafe Automated Compensation and Lender Performance
The mortgage industry can be tough – managing compensation for your loan originators and operational staff shouldn’t be. With CompenSafe™, you gain the flexibility to implement creative compensation plans for recruiting and retaining top talent while eliminating the complexity of managing multiple compensation plans manually. As the mortgage industry’s first web-based software for automated commission calculations, CompenSafe gives your mortgage company unparalleled control over compensation – something that spreadsheets simply can’t provide. By bridging the gap between your loan origination system and payroll system, CompenSafe enables your payroll department to eliminate manual data entry and human errors; arms your branch managers with a wealth of actionable insight into LO and operational staff performance and profitability; and updates your sales teams of the status of their compensation in real time. Get CompenSafe today to get your systems integrated, your processes automated, your performance measured, and your mortgage lending operations redefined.

Automated Loan Compensation Calculations

CompenSafe alleviates manual calculation and dual data entry by automating your loan originator commissions, processor bonuses, and other commission-based employees compensation calculations. CompenSafe helps your branch greatly reduce the time spent on completing compensation reports each payroll period and lend confidently knowing all your transactions are automatically tied to detailed loan records and reports.

Lender Performance Monitoring Made Easy

CompenSafe’s scorecards are an optimal way for your loan originators, account executives, branch managers, and corporate executives to measure key performance indicators at the employee, branch, region, and corporate levels. Scorecards provide an efficient way to monitor and evaluate sales activity, progress, and performance, and uncover trends over time by having the metrics that matter most at your fingertips.

Unlock Your Lending Potential

By integrating with your LOS, CompenSafe provides intuitive, on-demand sales and operational insight into your mortgage lending productivity. Its visual snapshots of your loan activity offer sales teams and managers pipeline management tools for evaluating success, opportunities, and areas in need of improvement. CompenSafe provides a range of pipeline reports that help guide strategy and unlock your lending potential.

Mortgage Lending Performance Overview

CompenSafe’s performance dashboards are your entry point to efficiently managing your mortgage lending. Each dashboard allows quick analysis into high-level summary data that guides you to loan-level details without having to spend time running multiple reports among various systems.

Complete Visibility into Your Mortgage Lending

The report directory makes it easy for regional managers and company leaders to see what’s happening at the branch and employee levels. From loan activity to pipelines, production volumes to loan-level compensation amounts, the report directory is a go-to resource to understand how each branch is operating on any given day and use the data to plan for the future.

Everybody in my shoes is thinking about how we can improve productivity, stay very competitive, customize compensation within regulatory bounds, correctly document employee compensation and still make our sales people very happy. CompenSafe has helped us manage all of that while providing a transparent window into the process and that’s been great.”

Jason Madeido, CEO of Alterra Home Loans

With CompenSafe seamlessly embedded into your workflow you gain a realm of insight into your mortgage lending performance, production, and profitability without having to add any additional steps to the loan origination process. Request a live demo to see how CompenSafe will help you engage in optimized and efficient lending.