One fixed formula.
The same on every loan.
No tiers. No moving targets. No margin you can't see. One clean model built around your production, with every number in the open, every month.
275 bps total compensation*
Example: on a $400,000 loan at 275 bps, the company is paid $11,000. After the $1,095 per file and 10% of the remainder, you keep $8,914.50.
Keep 90% of what's left, after one flat $1,095 per file.
Lender paid or borrower paid, the pay is the same.
Better economics for the same work. No tiers to climb, no targets that move on you mid-year. Just a clean, flat model built to maximize what you keep on every file you close.
W-2, on purpose. Platform and tech included, paid weekly, a full team behind every file. We treat you like a partner, because that's what you are.
*275 bps equals 2.75% of the loan amount and is the total compensation Dwell is paid on a loan. Some investors pay less, in which case your pay adjusts accordingly. It is the all-in number the company receives, lender paid or borrower paid. Your pay is the remainder after the company keeps a flat $1,095 per file and 10% of what is left, under one fixed formula that is the same on every loan.
Every number on the table. Nothing buried in your pay.
Your compensation runs on one fixed formula, set by the company and the same on every loan. The company is paid first: a flat $1,095 per file plus 10% company retention. You are paid the rest. Every number lands on your pro forma each month, so you always see exactly what you made and exactly what the company kept.
General company revenue. After the flat $1,095 per file, the company keeps 10% of what is left on each loan. You keep the rest. The exact number shows on your pro forma every month.
If you opt in to our AI loan assistant, the tech partner charges $99 per closed loan, only on the files you run through it. Skip it on a loan and there is no charge. It is an optional cost you choose, not a standing line.
Built around the way you actually live and work.
Get paid every week
You closed it, you should see it, not a month later. Dwell pays weekly. Your cash flow runs at the speed of your production, not a calendar someone else set.
The expense plan that settles the 1099 debate
The number one reason LOs chase 1099 is write-offs. The accountable plan is the W-2 answer. You run approved business expenses through the company, and when they qualify, those reimbursements are generally excluded from your W-2 wages. This is general information, not tax advice.
The tax nobody warns you about
Go 1099 and you are your own employer. You pick up self-employment tax, up to 15.3% for Social Security and Medicare. You fund your own CRM, content, and software. You file quarterly estimated taxes. You carry processing, compliance, and licensing yourself. The bigger headline payout is a number before all of that.
Why we are W-2
The IRS looks at how involved a company is in how you work. When a company provides the tools, the tech, and the day-to-day operational support, the IRS treats the relationship as employment.
IRS Common Law Rules · Independent Contractor DefinedAn ops team on your file and tech wired before day one fits that standard. That is why we are W-2, on purpose. We do not cut corners on your compliance or your support.
Self-employment tax is 15.3% on 92.35% of net earnings: 12.4% for Social Security up to the annual wage base, plus 2.9% for Medicare with no cap. As a 1099 you carry the full amount yourself. Figures are illustrative and not tax advice. Your CPA can run your exact numbers.
Stop comparing top-line numbers.
Start comparing take-home.
We look after the human, not just the producer.
An EAP and a health bonus, because you're a person first.
Dwell Well gives every LO access to an Employee Assistance Program for the real-life stuff, plus a health bonus in lieu of a traditional healthcare plan. It's not a benefits brochure. It's us making sure the people who carry the business are taken care of.
Every number. Every month.
Both directions.
Every LO gets a monthly pro forma that lays out the full picture: what you earned and exactly what the company retained. That's the accountability half of agency with accountability: we treat you like an owner, and owners see the real books. No mystery, no surprises.
Real questions.
Real answers.
How does the 10% company retention work?
Why W-2 and not 1099?
When do I get paid?
What does the accountable expense plan actually cover?
- Mortgage Related Software and Technology Subscriptions
- Licensing and Required Continuing Education
- Marketing and Advertising
- Business Portion of Cell Phone and Internet
- Business Travel Expenses
What is the $200 a month?
Want the math on your actual production?
Book a call and we'll run your real numbers against the Dwell model, side by side, so you see exactly what you'd take home.