Hancock Processing

Broker Savings Calculator

Bring Your Processors To Hancock Processing!

How Much Does Your Internal Processing Cost

Enter Your Stats

processors
$
/year
$
/closed loan
loans/month

See What You Are Currently Paying

Total Salary Cost

([processorcount]*[salary])/12
$
/month

Total Commission Cost

([loans]*[commission])
$
/month

Total Wages Paid To Processors

[monthlysalary]+[monthlycommission]
$
/month

Payroll Tax Cost

([monthlysalary]+[monthlycommission])*.15
$
/month

Total Cost Of Internal Processing

[monthlysalary]+[monthlycommission]+[monthlypayrolltax]
$
/month

Total Cost Per Loan

[monthlytotalpayrollcost]/[loans]
$
/loan

Save $$$ With Hancock Processing

Total cost to you working with Hancock Processing

$
/month

Total savings working with Hancock Processing

[monthlytotalpayrollcost]
$
/month

Work With YOUR Processors

Your Processors Currently Make

([monthlysalary]+[monthlycommission])/[processorcount]
$
/month
([monthlysalary]+[monthlycommission])/[loans]
$
/loan

Your People... No Cost...

We can hire your processors! Work with the same processors you love working with, you just don't have to pay them anymore!

Simple. We hire your processors, and we pay them as Hancock Processing employees. The processing fee will go on the CD, and they will get paid when your loans close! Since we are a third party processing company, the fee does not factor into QM, and it does not come out of your pocket!

Not the same way! If you put a processing fee on the CD it will factor into your origination fees for QM. Our processing fee goes in Section B just like an appraisal.

Yes! We compensate our people well, and we provide a ton of opportunity. If you are filling them to the brim, awesome, keep it rolling and they will feel the vibes come payday! If you don't have enough loans to keep them full, we can provide them with additional loans for more income.