If you're searching “can a realtor also be a mortgage loan officer ”, you’re probably wondering:
Is it allowed? How much can you earn? What will your daily work look like? Is this a realistic way to grow your business? The short answer:
Yes — a Realtor can also be a Mortgage Loan Officer, and it’s one of the fastest ways to increase your income and control more of the client experience.
Below is the simple, practical breakdown.
Can a Realtor Also Be a Mortgage Loan Officer? Yes. In most states, you can hold both licenses at the same time.
You already have buyers You already manage the transaction You already understand the process Becoming an LO simply gives you another high-income skill to support your clients.
→ Read more: can a mortgage loan officer be a realtor?
How Much Can a Realtor Earn as a Loan Officer? Loan Officers typically earn 1%–1.5% of the loan amount.
On a $500,000 home purchase, that’s $5,000–$7,500 per loan.
With Loan Factory You keep 100% commission and only pay $595 per file.
So instead of splitting 50% with a lender, you keep nearly all your earnings.
Realistic Additional Income for Realtors If you close:
1 loan/month → $4,500–$7,000 extra 2 loans/month → $9,000–$14,000 extra 3 loans/month → $13,500–$21,000 extra Most Realtors already have enough buyers to do this without finding extra leads.
→ Read more: Can you be a mortgage loan officer part time?
What You’ll Actually Do as BOTH a Realtor and a Loan Officer 1. Advise clients on both homebuying and mortgage options You help clients understand:
What homes they can afford What programs (FHA, Conventional, etc.) make sense How payments fit their budget You become a “one-stop guide” from start to finish.
2. Show homes and write offers (Realtor role) Your normal duties continue:
Finding listings Touring homes Writing offers Negotiating for your buyers But now you guide them with full financial context.
3. Pre-approve clients and run mortgage pricing (Loan Officer role) You can:
Issue pre-approval letters Check pricing across many lenders Explain loan options clearly Make your clients’ offers stronger This helps you win more offers and close faster.
4. Coordinate the entire transaction smoothly You lead both sides:
Home search Pre-approval Offer strategy Loan processing Closing coordination Clients love having one trusted expert instead of dealing with multiple people.
5. Build two revenue streams from the same client base You get:
Real estate commission Mortgage commission Better referrals Stronger repeat business Your income grows while your workload stays similar.
Why Real Estate Agents Become Loan Officers at Loan Factory Loan Factory gives real estate agents the best system in the industry for transitioning into mortgage — simple, profitable, and fully supported.
100% commission (flat $595 per file) No splits. No desk fees. No junk fees.
Free MOSO platform CRM, LOS, pricing engine, marketing, compliance — saving ~$963/month.
Access to 240+ wholesale lenders Offer better pricing than most retail banks.
In-house underwriting + $500 processing Fast, predictable closings.
Company-generated leads in 42 states Extra pipeline while you build your own.
Mentorship from Thuan Nguyen (#1 LO in the U.S.) Weekly training + Loan Factory Academy Loan Factory is the easiest, most profitable way for Realtors to expand into mortgage and scale income fast.
Ready to Grow Your Career? Join the Loan Factory webinar: https://www.loanfactory.com/loan-officer
Call for details: 714-591-8143
FAQ: Can a Realtor Also Be a Mortgage Loan Officer? 
