Commission Income Dashboard Overview & Features

Overview:

This screen provides a comprehensive summary of all income. It offers interactive widgets and filtering options to help you quickly review and manage your income data.

Key Features:

• Tracking Commission Income:
  • To activate income tracking, go to your profile and toggle on "Track My Commissions."
  • Set your commission splits so they can be automatically calculated. You can set some to come off the top on your profile.

• Lender & Commission Settings:
  • New lenders are added automatically.
  • Edit payment details (lender commission and volume bonus amounts) on the Lenders tab.
  • By default, income is calculated using 5-year payout rates. To display detailed 1-5 year payout rates, toggle on "Add Detailed Commission Rates."

• Commission Projection:
  • Income is automatically projected based on lender settings and your organizational settings in your profile.
  • This projection occurs when the mortgage reaches the Conditionally Approved stage.
• Managing Commission Records:
  • When the expected payment date is reached, you will be alerted that the income has come due and you can review and update the status from there.

  • Manually Creating Income:

    Click the New or + button to create income entries. Any confirmed income added will automatically reconcile with pending income for the same mortgage.