Commission files are built by one person, understood by no one else, and one bad formula means every payout is wrong — discovered right before pay day.
Advances live in a different spreadsheet — or a different system entirely. Recoveries get missed, balances drift, and reconciling them against your G/L is a project in itself.
When loan officers can't see how their commissions were calculated, they assume the worst. Disputes eat hours — and erode trust with your top producers.
Commission reconciliation is manual, slow, and always the last thing standing between your team and a closed month. Every delay compounds.
Calculation & Profiles
Define any compensation structure. Let the system do the math.
Every lender pays differently. Loan Vision's compensation profiles accommodate the full range — flat rates, tiered volume brackets, per-loan dollar amounts, multi-officer splits, and period bonuses — without custom development or workarounds.
Flexible rate structures
Pay loan officers a flat basis point rate, a flat dollar amount, or tiered rates that escalate automatically as monthly or quarterly volume crosses defined thresholds.
Multi-officer loan splits
Split a single loan's commission between an originator and processor, a co-borrower team, or any combination — with configurable percentages per role.
Period-based bonuses and minimums
Layer monthly minimums, quarterly production bonuses, or performance-based payouts on top of loan-level calculations — all evaluated automatically at period close.
One-click period calculation
Retrieve all eligible funded loans, apply the correct profile to each one, and generate every commission line for the entire pay period with a single action.
A complete, accurate commission run in minutes — not a day of spreadsheet work — with every calculation traceable back to the loan and the rule that produced it.
Review & Approval
Finalize commissions with confidence - before anything posts.
Every commission period goes through a structured review. Add corrections, flag exceptions, and get sign-off from the right people — all within the same workflow.
Manual adjustments before posting
Add one-off bonuses, correct a calculation, or enter a deduction directly on the period worksheet — every adjustment is logged with the reason and who made it.
Bulk adjustment imports
If your HR or ops team manages bonus data externally, import it via a simple file rather than keying each line manually.
Period lock after posting
Once a period is posted, it locks — creating a permanent record that can't be accidentally edited. Retroactive corrections go into the current open period, preserving history.
Identify excluded loans
A built-in report surfaces every funded loan that didn't make it into the commission calculation — so nothing falls through the cracks before the period closes.
Your commission close is documented, reviewed, and locked — giving your controller a clean audit trail and giving payroll exactly what it needs.
Loan Officer Visibility
Give loan officers a clear view of their pay — before it's a dispute.
Most commission disputes happen because loan officers receive a number with no explanation. Loan Vision's self-service portal shows them exactly how their commission was calculated, loan by loan, before the period is finalized.
Self-service web portal
Loan officers log in to see their commission statement for the current period — which loans are included, what rate was applied, and what adjustments were made — without calling accounting.
Branch manager approval step
Require branch managers to review and approve their team's commission statements before they're finalized — adding a check that reduces surprises and catches errors early.
Automated statement delivery
Commission statements are emailed directly to each loan officer as a PDF attachment — with branch managers and accounting copied automatically.
Controlled visibility
You decide which periods are visible in the portal and when — so loan officers see their data on your timeline, not before the review process is complete.
Fewer disputes, faster acknowledgment, and a more transparent relationship between your production team and accounting.
Draws & Advances
Track every advance and recovery in your G/L — automatically.
Draw management is one of the most error-prone parts of loan officer compensation. Loan Vision handles it inside your general ledger, so balances are always current and recoveries never get missed.
Commission draws against future earnings
Allow loan officers to draw against commissions not yet earned. Each advance posts directly to the G/L and creates a balance that tracks against the individual's identifier.
Automatic recovery at period close
Outstanding draw balances are automatically deducted from earned commissions when a period closes — no manual calculation, no risk of forgetting a balance.
Inside and outside loan officer tracking
Separate identifiers for W2 and 1099 loan officers ensure draw balances post to the correct G/L accounts and appear accurately on commission reporting.
Outstanding balance visibility
See the current draw balance for any loan officer at any time — with a full transaction history of advances and recoveries, available directly from the G/L.
Draw balances reconcile automatically with your general ledger — eliminating the side spreadsheet and the risk of a balance going unrecovered for months.
Reporting & Payroll
From commission close to payroll system in one step.
When the period is finalized, everything your payroll team needs is ready to export — along with the variance reports and audit documentation your controller needs to close the books.
Net payroll export
Export total compensation by loan officer — gross commissions minus adjustments and draw recoveries — in a format ready to load into your payroll system of choice.
Commissioned loans report
See every loan included in the period calculation by loan officer — what rate applied, what the loan amount was, and what commission was earned.
Commission accruals
Post commission expense to the G/L in the period it was earned — not just when it's paid — so your financials reflect true cost at every point in the month.
Loan officers without closings
A dedicated report flags loan officers who had no commission activity in a period — useful for managing inactive originators and ensuring no one is missed.
Payroll gets accurate numbers on time. Your controller has a clean audit trail. And commission close stops being the last thing holding up your books.
