Mortgage Loan Officer/Originator
SIM REI Mortgage
Eustis, FL
Job Title: Mortgage Loan Originator
Are you a Retail or Bank LO tired of 90bps caps and 45-day closings?
At SIM REI Mortgage, we believe you shouldn't have to choose between the tax stability of a W-2 job and the aggressive compensation of a brokerage. We offer the best of both worlds: W-2 employment status with a Broker-level compensation plan that rewards your growth.
We provide the processing, the technology, and the lending power (UWM, Kind, Pennymac, etc.). You provide the origination.
We believe in total transparency. You know exactly what you make on every file.
Status: W-2 Employee (We handle your payroll taxes—no quarterly 1099 headaches).
Starting Comp: 50% Split (Approx. 130 BPS Net to you).
This is already higher than most retail banks pay their top producers.
Growth Track:
Tier 1 ($0–5M Volume): 50% Split (~130 BPS)
Tier 2 ($5M–15M Volume): 65% Split (~169 BPS)
Tier 3 ($15M–30M Volume): 75% Split (~195 BPS)
Tier 4 ($30M+ Volume): 80% Split (~208 BPS)
Pricing Model: We price loans competitively but do have a floor.
- In-House Processing: We deduct a small 15bps fee from the gross revenue to provide dedicated processing on your files. You sell; we chase the conditions.
- Top-Tier Tech Stack: Full access to ARIVE (LOS), corporate email, and pricing engines ($65/mo tech fee).
- Lender Access: Direct access to the nation's top wholesale lenders (UWM, Kind, Pennymac, etc.) for better rates and 14-day closings.
Who We Are Looking For:
- Active NMLS License required.
- Self-Generated Business: You are a hunter. You have relationships with Realtors and past clients. (We provide the systems to nurture them, but you bring the hustle).
- Ethical & Compliant: You understand that "Compliance protects the commission." We run a clean shop.
- Tech-Capable: You are comfortable working remotely, using Zoom, and managing a digital pipeline.
Why Switch?
Most LOs are stuck in a "Retail Trap"—earning 90bps while the company keeps majority.
At SIM REI, we flip the model. You keep the majority of the revenue because you are the one bringing in the business.
Ready to give yourself a raise?
Apply today to schedule a confidential call.
About the Company
SIM REI Mortgage
Built for Producers Who Want to Grow — Not Just Close
SIM REI Mortgage is not a call-center lender or a bloated retail bank. We are a growth-focused, compliance-first mortgage platform designed for Loan Originators who want transparency, control over their business, and a clear path to higher earnings.
Transparent, Performance-Based Compensation
- Tiered commission structure that rewards production growth
- Competitive splits up to 80% based solely on funded volume
- Clearly defined compensation calculations — no hidden math
- Paid biweekly on funded loans
- You always know how you’re paid and what it takes to earn more.
In-House Processing That Supports You Dedicated in-house processing available
Flat 15 bps processing fee — no surprises. Faster turn times and cleaner files
Less chasing conditions, more time originating. We invest in operations so you can stay focused on borrowers and referrals.
A Platform That Scales With You:
- W-2 structure designed for long-term growth
- Room for team leads, branch managers, and future expansion
- Leadership that understands production and operations
- Opportunity to grow alongside the company
- SIM REI Mortgage is built for originators who want more than just a place to park a license.
The Bottom Line:
- Produce more. Keep more. Grow with confidence.
- Join a mortgage platform designed to scale — without sacrificing transparency or compliance.