How does the LO Addendum A Relate to the Compensation Plan in CompenSafe

How does the LO Addendum A Relate to the Compensation Plan in CompenSafe

The LO Addendum A is the Loan Officer's compensation agreement for receiving commissions from AFN. Once these agreements are approved by HR, they are sent to the Commissions Team to setup the employee's compensation plan in CompenSafe. Once the agreement and compensation plans are aligned, the loan officer can now receive commission on their loans. 

Here is an example of a Loan Officer's Compensation Plan Agreement (LO Addendum A). 




Here is an example of the corresponding comp plan setup in CompenSafe. 



If you need any assistance with your CompenSafe account, please email Commissions@afncorp.com with screenshots and details of your issue.