Countrywide Home Loans – “My experience there was contingent on if the Real Estate Market was booming or not.”

Pros

Compensation for commission could potentially be good if you are the only In House Loan Consultant (IHLC) working and if the Branch Manager likes you. Compensation for External Home Loan Consultants (EHLC) of course can be very good as long as you are able to find your own clients.

Cons

The branch manager decides how and if the In House Loan Consultant (IHLC) gets the commission that month. The manager can divide the commission any way between the IHLCs. But most of the time they are fair about it.

Advice to Senior Management

There probably is a better form of training to provide for the In House Loan Consultants like a video or computer seminar to watch when there is free time (to train).