If you’re searching for Mortgage Loan Originator Jobs that offer top-tier earnings, advanced technology, and unparalleled mentorship, Loan Factory is the place to start or grow your career.
We’re Silicon Valley’s fastest-growing mortgage brokerage, giving MLOs direct access to 240+ wholesale lenders, AI-powered tools, and training from Thuan Nguyen — America’s #1 Loan Officer.
What is a Mortgage Loan Originator?
A mortgage loan originator (MLO) is a licensed professional who helps homebuyers and refinancing clients secure the best mortgage for their needs.
Key responsibilities include:
- Evaluating borrower financials and creditworthiness
- Presenting loan options: Conventional, FHA, VA, USDA, Jumbo, Non-QM
- Guiding clients through the application and approval process
- Coordinating with underwriters and processors
- Building strong relationships with real estate agents and referral partners
- Ensuring compliance with all state and federal regulations
How much do mortgage loan originators make?
According to the Bureau of Labor Statistics (May 2024):
- Median annual salary: $74,180
- Top 10% earn: Over $132,690 annually
- Top commission-based MLOs: $200,000–$500,000+ annually
Job growth projections (2023-2033):
- Employment growth: Faster than average for all occupations
- New job openings: Approximately 4,500 annually
- Market drivers: Continued housing demand, population growth, refinancing activity
At Loan Factory, experienced MLOs earn significantly above industry averages through our 100% commission structure minus $595 flat fee per loan.
Mortgage Loan Originator License Requirements
.jpg "Mortgage Loan Originator Jobs at Loan Factory: Complete Career Guide")
NMLS License Requirements- Complete 20 hours of pre-licensing education
- Pass the National Test with Uniform State Content
- Submit to background check and credit report
- Complete annual continuing education (8 hours)
- Maintain state-specific licensing requirements
→ Read more: who is required to have an nmls number?
Timeline to get licensed:
- Education: 1-4 weeks
- Testing: Schedule within 30 days of education completion
- Background processing: 2-4 weeks
- Total time: 6-10 weeks average
Loan Factory provides comprehensive support for new license holders, including mentorship, training resources, and onboarding support.
→ Read more: what can disqualify you from getting mlo license?
Mortgage Loan Originator Career Paths
Entry-level positions:
- Junior Loan Officer (with mentor support)
- Inside Sales Associate (transitioning to MLO)
- Loan Officer Assistant (gaining experience)
Experienced professional opportunities:
- Senior Loan Officer
- Branch Manager
- Regional Sales Manager
- Mortgage Broker (independent contractor)
Specialization areas:
- Jumbo and luxury home financing
- Non-QM and alternative documentation loans
- VA loans and military lending
- First-time homebuyer programs
- Commercial and investment property loans
→ Read more: Which Loan Officers Make the Most? Secrets You Should Know
Why Choose Mortgage Loan Originator Jobs at Loan Factory?
.jpg "Mortgage Loan Originator Jobs at Loan Factory: Complete Career Guide")
What makes Loan Factory different?
Our proprietary MOSO (Mortgage Origination System Optimization) platform provides:
AI-Powered Features:
- Automated borrower data entry and document processing
- Intelligent loan program matching (QM, Non-QM, Jumbo, DPA, VA)
- Real-time rate comparison from 240+ wholesale lenders
- Instant pre-approval & 1-click rate lock
Integrated Tools:
- CRM with lead tracking and pipeline management
- Mobile-responsive loan origination system (LOS)
- Automated marketing campaigns and email sequences
- Personal branded website with Google Reviews integration
Cost savings: Replace tools like LoanSifter, Arive, HomeBot (save ~$963/month)
→ Read more: The best free CRM for mortgage loan officers
Transparent Compensation Structure
How does Loan Factory's commission work?
- 100% commission retention
- Flat fee: Only $595 per closed loan
- No desk fees, junk fees, or hidden costs
- Processing support: $500 per loan for full-service underwriting
Additional benefits:
- Company-generated leads across 42 states
- Shared marketing resources and campaigns
- Full administrative and processing support
- Technology platform at zero monthly cost
Elite Mentorship Program
Learn from Thuan Nguyen CEO Loan Factory - America's #1 Loan Officer
Mentorship includes:
- Personal coaching sessions with top performers
- Weekly live training webinars
- Self-paced Loan Factory Academy courses
- Commission-sharing during training period
- Specialized Non-QM and niche product training
Training topics:
- Advanced sales techniques and objection handling
- Digital marketing and social media strategies
- Complex loan structuring and problem-solving
- Compliance and regulatory updates
- Business development and referral generation
→ Read more: Can you become a mortgage loan originator with bad credit?
Success Stories: Real Results from Loan Factory MLOs
Anne Nguyen - Top Producer Success Story
Anne Nguyen - Top Producer Success StoryBackground: Joined Loan Factory in late 2022 during rising rate environment Achievement: $49 million in loan volume within two years Key success factors: MOSO platform automation, mentorship program, supportive team environment
“The technology and support at Loan Factory let me focus on clients instead of paperwork. The MOSO platform handles the heavy lifting.” – Anne Nguyen
Performance metrics from our team:
- Average time to close: 10-22 days
- Client satisfaction scores: 5/5 stars average
- Referral rate: 80% of business from past clients/referrals
- Technology adoption: 98% of MLOs use MOSO daily
How to Apply for Mortgage Loan Originator Jobs at Loan Factory
Application process:
- Initial consultation: Call 714-591-8143 or visit www.loanfactory.com/loan-officer
- Background review: Experience assessment and licensing verification
- Technology demonstration: MOSO platform walkthrough
- Mentorship matching: Pairing with experienced team member
- Onboarding: 30-day comprehensive training program
Ideal candidate profile:
- Current NMLS license (or commitment to obtain)
- Strong communication and relationship-building skills
- Self-motivated with entrepreneurial mindset
- Technology-comfortable and adaptable to new tools
- Commitment to ethical lending practices
Geographic coverage: Licensed MLOs in all 48 states
Ready to Start Your Mortgage Loan Originator Career?
Take the next step today:
Join Silicon Valley's fastest-growing mortgage brokerage and build the successful, rewarding career you deserve. Our team is ready to support your success from day one.
FAQ — Mortgage Loan Originator Careers
