Built for Loan Wolves. You close it. You keep it.
Compensation that actually matches performance. One flat company fee per loan, no processing charges, no tiers, and an AI loan center that does the paperwork you hate.
For licensed loan officers in Colorado and Virginia. Bring your book. Keep your money.
Per closed loan. That is it. No processing charges. No tiers. No "earn your way to 80%."
Look at what a loan check actually does.
Most shops keep a big slice of every check and call it "support." We keep $695, process your file with Koda, and hand you the rest.
| Gross revenue you generated | $10,000 |
| Company fee | −$695 |
| Processing fee | $0 |
| Yours, to cover expenses and W-2 pay | $9,305 |
Example for illustration only. It is not a guarantee of earnings, and individual results vary.
Sample: an employee's closed loan, step by step
| Gross sale | $10,000.00 |
| Company take | −$695.00 |
| Processing | $0.00 |
| Reimbursable business expenses Paid back dollar for dollar as expense reimbursement, not wages | $7,800.00 |
| Employer payroll taxes and costs | $1,219.00 |
| W-2 pay Taxes and Social Security apply to this amount | $1,505.00 |
Illustration only. Expenses must be real, documented business expenses under the company's expense program. Tax treatment depends on your situation; talk to your own tax adviser.
Stop feeding the pack.
Some shops take 30% and call it "support." Here is the same $10,000 check.
Illustration with a 30% split, which some shops charge. Splits, fees and what they cover vary by company.
$695. Not a percentage. Not a tier. Not a surprise.
Paid fast, electronically
Money hits your account on the morning of the second day after funds clear. It comes from one of our company banks, Chase or Bank of America. Structured through our CommissionPayPro app. Done.
No pile of fees on the side
No processing charge. No tiers. No monthly platform fee. You are not paying for a platform. You are being handed one.
The loan platform we built for brokers, so you can stay on the phone.
Koda was built by a mortgage broker, for mortgage brokers. One click sends a loan application to your customer. It encrypts your incoming customer documents, offers you sales initiatives, tracks every document that comes back, and keeps you in touch with your favorite Realtors.
Automated file processing
Lender processing documents are generated automatically. Kill your third-party processing bill entirely.
Pre-approval letters and fee worksheets in seconds
Lock in the borrower before they shop around. Be the first LO with an offer in hand.
Past clients worked for you
Koda tracks your past clients, writes the personal touches, and feeds you the repeat business.
Realtor outreach on autopilot
Build and nurture agent relationships with automated email campaigns while you are closing.
One-click title and hazard insurance orders
Order in a single click. Get an instant alert the second a borrower uploads a document.
Customer documents stay encrypted
Borrower uploads come in encrypted, and Koda keeps track of every document that returns.
Never pay for processing again.
Our AI Loan Center does the back-office work. You upload the lender's conditions, Koda creates the emails, and you stay in charge of every send.
Upload the conditions
Drop in the lender's condition list. Koda reads it and sorts every item.
Koda writes the emails
Every outgoing email to the customer and to third parties, such as employers, servicers and insurance agents.
You review and send
Read it, edit it, attach the documents, hit send. Nothing goes out without your say-so.
Returns line up for the lender
When documents come back, Koda checks them and lines them up for submission to the lender you chose.
Top-tier lender pricing, so you quote sharp and win.
Your wholesale partners are the difference between a loan you win and a loan you chase. We work with the lenders you want to place loans with, and we will onboard the ones you already know.
Your lenders, welcome
Already have relationships you own? Rapid onboarding for your favorite preferred lenders, so your book moves with you.
Close whatever walks in
Diversify your product suite and say yes to every borrower: conventional, FHA and VA, DSCR, non-QM, reverse mortgages, and fast online HELOCs with strong compensation for minimal effort.
Everything a producer needs, nothing a producer pays extra for.
Your own website on 1nmc.com
Calculators, AI lead capture, and your name on it. A real web presence the day you start.
MyPay in your pocket
Track every business expense right from your phone with CommissionPayPro, so nothing gets missed at tax time.
Gusto payroll
Payroll and payroll tax filings run through Gusto, with your commission deposited two days after funds clear.
Hands-free client retention
Stay top of mind with past clients without lifting a finger. Koda writes and sends custom content for you.
Instant documentation
Pre-approval letters and fee worksheets in seconds flat, so you win the offer.
Instant upload alerts
Know the exact second a borrower uploads a document, and never chase a file again.
Employee or contractor. You pick, where the law allows.
In Colorado you can choose to be an employee or an independent contractor. In Virginia you must be an employee.
| Colorado | Virginia | |
|---|---|---|
| Your options | Employee or contractor | Employee |
| Company fee | $695 flat per closed loan | $695 flat per closed loan |
| Processing | $0. Koda AI processes your files | $0. Koda AI processes your files |
| Paid | Electronically, the morning of the second day after funds clear | Electronically, the morning of the second day after funds clear |
As an employee, expenses can be reimbursed
Documented business expenses under our expense program can include:
- Internet and mobile
- Meals and mileage
- Leads
- Health insurance
- Licensing and continuing education
- Software, and more
Eligibility, limits and tax treatment depend on company policy and your situation. Talk to your own tax adviser.
Who this is for
- Licensed loan officers who produce and want to keep what they earn
- LOs who are tired of paying a percentage for "support" they do not use
- Brokers who like to process their own files and want a tool that does most of it
- Producers with a book of business, ready to bring it along
Stop feeding the pack. Bring your book. Keep your money.
We take $695, process your files with Koda AI, and hand you the rest.
What loan officers ask first.
What does the $695 cover?
Do I need to know how to process a loan?
Do I need to be licensed?
Can I be a contractor?
How and when do I get paid?
Can I use my own lenders?
What if I am not sure Koda is for me?
What products can I offer?
Ready to keep what you earn?
Tell us a little about yourself. Someone from our team will contact you to talk through the numbers for your state and your volume.
- $695 flat per closed loan
- $0 processing fees
- Paid two days after funds clear
Test drive Koda right now. No call required.
Open TryKoda