Best Companies to Work for as a Mortgage Loan Officer

Category

1. What to Look for in a Mortgage Company as an LO

2. Best Companies to Work for as a Mortgage Loan Officer

4. Final Verdict: Which Company Is Best for Loan Officers?

Choosing the right company can make or break your career as a mortgage loan officer (MLO). The best companies to work for as a mortgage loan officer don’t just give you access to loans—they provide competitive payouts, advanced technology, marketing support, and a culture that helps you grow long-term.

In this guide, we’ll review the top companies loan officers consider today, then compare them side by side so you can choose the best fit.

What to Look for in a Mortgage Company as an LO

When evaluating mortgage companies, focus on these six essentials:

Commission & Fees – Do you keep most of your income, or does the company take a big cut?
Lender Access & Product Variety – The more loan programs (QM, Non-QM, FHA, VA, Jumbo, DPA), the more clients you can serve.
Technology & Automation – A modern CRM, LOS, pricing engine, and rate alerts help you close more loans in less time.
Marketing & Leads – Companies with prebuilt ads, drip campaigns, and review tools make it easier to attract clients.
Training & Mentorship – The best companies invest in your growth with ongoing training and mentorship from top producers.
Culture & Support – Collaboration, in-house underwriting, and live support save time and reduce stress.

Best Companies to Work for as a Mortgage Loan Officer

Here are some of the leading companies that mortgage loan officers consider:

1. Loan Factory (Best Overall Choice)

100% commission minus flat $595 per file
Free MOSO platform (CRM, LOS, pricing, rate alerts, marketing automation)
240+ wholesale lenders for maximum loan options
Save ~$963/month on software (replacing Loan Sifter, Arive, HomeBot, Canva)
Weekly training & mentorship with Thuan Nguyen (#1 Loan Officer in the U.S.)
No desk fees, no software fees, no junk fees

Loan Factory offers the highest payouts + free enterprise-level tech, making it one of the best companies to work for as a mortgage loan officer.

2. NEXA Mortgage

Large independent brokerage with rapid LO growth
Revenue-sharing model for recruitment
Strong wholesale lender access
Competitive environment may feel less collaborative

3. Barrett Financial

Competitive payouts for experienced LOs
Strong Non-QM and Jumbo product lineup
Traditional systems compared to fintech-driven models

4. C2 Financial

Well-established compliance and support structure
Access to multiple wholesale lenders
Commission splits vary by branch

5. UMortgage

Culture-driven brand with modern marketing
Provides branding support and some tech tools
Still scaling compared to larger fintech platforms

6. Rocket Mortgage

One of the most recognized brands in the U.S.
Provides inbound consumer leads
Retail model means lower LO payouts compared to brokerages

Side-by-Side Comparison

Feature / Company	Loan Factory	NEXA Mortgage	Barrett Financial	C2 Financial	UMortgage	Rocket Mortgage
Commission	100% commission, flat $595 per file	100% commission, variable monthly fees	High payouts, branch-dependent	Split-based, varies	Split-based	Retail payouts (lower)
Tech & Automation	MOSO platform (CRM, LOS, pricing, marketing)	Limited CRM/LOS	Standard LOS, fewer automations	Strong compliance tech	Branding tools, still growing	Proprietary Rocket tech
Lender Access	240+ wholesale lenders	~200 lenders	100+ lenders	Wide access	Regional/national lenders	Retail only
Marketing Support	Prebuilt ads, Google reviews, CRM campaigns	Some resources	Limited support	Compliance-approved only	Strong branding	National ads (consumer-focused)
Training & Mentorship	Daily training with top LOs + weekly training with Thuan Nguyen. Full Free Loan Factory Academy online.	Training programs available, recruitment-driven.	Mentorship varies by branch leaders.	Compliance-focused training, less on business growth.	Culture-driven training, branding focus.	Corporate training, quota-driven.
Fees	No desk/software fees	Some tech costs	Varies	Some desk/tech fees	Lower fees	Multiple corporate fees
Unique Edge	Free MOSO saves ~$963/month + flat $595 fee. Large LO network (2,000+ as of Aug 2025) Daily & weekly mentorship.	Large LO headcount, revenue-share model. (3,200+ as of Aug 2025)	Strong Non-QM/Jumbo lineup.	Established compliance reputation.	Strong branding/culture focus.	Big consumer brand awareness.

Final Verdict: Which Company Is Best for Loan Officers?

Each of these companies offers unique benefits:

NEXA, Barrett, C2 → strong wholesale lender networks and flexibility, but commission splits and tech costs often reduce take-home income.
UMortgage → culture and modern branding appeal.
Rocket Mortgage → household name with consumer leads.

But if you want the best combination of high payouts, zero junk fees, free enterprise-level technology, and direct mentorship from America’s #1 Loan Officer, the clear winner is Loan Factory.

With Loan Factory, you keep more of your income, scale faster with automation, and join a platform built to help loan officers compete with big banks.