HECM Commissions

HECM Commissions

HECM loans are also known as reverse mortgage loans. 


What is the difference between Fixed HECM(HECMF) and ARM HECM(HECMA) commissions? 

Fixed HECM or HECMF

These loans are paid commissions that are similar to a forward loan. This commission is calculated automatically in CompenSafe. 

ARM HECM or HECMA

These loans are paid with any commissions that is stated on the Loan Officer's LO Addendum A. It can be:
  1. The percent % stated in the "Loans outside of LO comp rules" box of the LO Addendum A. 


  1. Other agreed ARM HECM compensation stated in the comments section of the LO Addendum A. 


Compensation for this loan is not automatically calculated in CompenSafe. The Commissions Team will manually calculate the compensation and upload it into CompenSafe.  

If pay information is not available, please email Commissions@afncorp.com with screenshots and details of your issue. 

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