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What are typical mortgage loan officer salaries?
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Do some companies pay a lot more for this position than others? What does a top earner make in this field?

What skills should you learn to increase your salary?

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erica mcclenny in Raleigh, North Carolina

47 months ago

My company pays up to 80% of the net field commission but we also offer bonuses.

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We are in Maryland, DC, DE, VA and more. We are actively hiring LO's. I'm happy to talk with you.

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erica mcclenny in Raleigh, North Carolina

47 months ago

There are many factors. Some companies pay on gross revenue, basis points or total revenue. Also, it's based on your history.

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sharon in Walled Lake, Michigan

47 months ago

I have been thinking about working as a mortgage loan officer at cranbook mortgage company. Initially the company starts out with 30% commission then it increases. No paid training or base salary. They say it takes 2-4 months to receive your first check.

Is this the way most mortgage companies pay their employees? Any feedback would be appreciated.

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