Yes. You can be a mortgage loan officer part time, but there are important factors to consider. Many people begin part time while keeping another job, especially those entering the mortgage industry for the first time.
The SAFE Act (Secure and Fair Enforcement for Mortgage Licensing Act) doesn’t require full-time work. The key requirement is having an active NMLS license and being sponsored by a licensed mortgage company.
So legally, you can be a part time mortgage loan officer—but success depends on how you structure your time and support system.
Challenges of Being a Part Time Loan Officer
Before diving in, it’s important to understand the challenges:
- Commission-based income – Most LOs earn only when a loan closes, not by the hour.
- Time commitment – Even part time, you’ll need to manage borrower communication, documents, and deadlines.
- Client expectations – Borrowers may need you during evenings or weekends.
- Competition – Full-time loan officers may close more deals, since they can respond faster.
This doesn’t mean it’s impossible. With the right technology and support, part-time loan officers can still succeed.
→ Read more: What Do You Need to Be a Mortgage Loan Officer?
Benefits of Part Time Mortgage Loan Officer Jobs
- Flexible schedule – Work evenings, weekends, or whenever you have time.
- Extra income – Closing even 1–2 loans a month can add $2,000–$6,000 in commission.
- Career transition – Many professionals start part time before moving into a full-time mortgage career.
- Remote opportunities – With digital platforms, you can work from home and handle the process online.
→ Read more: Is mortgage loan officer a good career?
How Much Can a Part Time Loan Officer Earn?
Your income depends on the number of loans closed, not hours worked.
- Average commission: 0.50%–1.00% of loan size.
- On a $300,000 loan: $1,500–$3,000 per deal.
- Closing 1–2 loans a month (part time) = $18,000–$72,000/year.
- Closing 3–4 loans a month (near full time) = $54,000–$144,000/year.
According to the Bureau of Labor Statistics (BLS), the median annual wage for loan officers is $65,740, but top performers make six figures【BLS Loan Officers】. Even part time, this career can be very rewarding.
→ Read more: Average Mortgage Loan Officer Salary in the U.S
Why Loan Factory Is Perfect for Part Time Loan Officers
At Loan Factory, we make it easier for part-time loan officers to succeed:
- Keep 100% commission – Only pay $595 admin fee + $500 processing (if using our in-house team).
- No monthly desk or tech fees – Great for part timers who don’t want fixed overhead.
- Free MOSO platform – CRM, LOS, pricing engine, borrower app, and marketing automation included.
- 240+ lenders – Offer clients the best loan programs nationwide.
- Leads in 42 states – Access company-generated leads, saving time on prospecting.
- Mentorship from Thuan Nguyen – Learn from America’s #1 Loan Officer with weekly training.
“At Loan Factory, you don’t need to be full time to succeed. With the right technology and support, even part-time loan officers can thrive.” – Thuan Nguyen
So, can you be a mortgage loan officer part time? Yes—you can start part time, earn solid extra income, and eventually grow into a full-time career.
At Loan Factory, we provide the tools, leads, and mentorship you need to succeed—whether you’re part time or full time.
Apply today at LoanFactory.com and join over 2,300 loan officers nationwide working with The Best FinTech Mortgage Platform in the USA.
FAQs – Part Time Mortgage Loan Officers
