How to structure an MLO Company

[Dean Hiller]

I just got a company license in colorado and am trying to understand how to structure the hiring of an MLO.  The agreements with borrowers are something like 

"Broker Compensation will be compensated as your mortgage broker in the amount of .....% of your loan amount".   I always read that as 'broker the person' not the company so how would the company make any money?  How does that generally work and how are mortgage companies that work with wholesalers structured exactly.

thanks,

Dean