“Overall, parpay has the potential to create a more secure and stable financial environment for mortgage employees, which can in turn improve their overall well-being and financial health”.

Mark E Carlson | CEO

“Earned wage access can be a useful financial service for employees who need immediate access to their earnings. It can help employees manage their finances, avoid high-cost credit options, and address unexpected expenses or financial emergencies.”

Mark E Carlson | CEO

our use case

Need + Solution

Our hypothesis posits that providing Mortgage Loan Officers with immediate access to a portion of their earned commission can positively impact their financial well-being. Our use case is based on the understanding that many commission workers face financial instability and unpredictability, and often must turn to high-cost financial products like payday loans to, at times make ends meet.

 By giving MLO’s the ability to access their earned wages as soon as they have earned them, instead of having to wait for their next payday, suggests that they will be better able to manage their finances, reduce their dependence on such loans, and ultimately improve their financial health. Our hypothesis has the potential to create a more secure and stable financial environment for commission dependent Mortgage Loan Officers, reducing their financial stress and allowing them to focus on other important aspects of their lives.

Overall, parpay has the potential to create a more secure and stable financial environment for mortgage employees, which can in turn improve their overall well-being and financial health.