Hi thank you for your video we really appreciate the information. I'm actually very interested in becoming a mortgage loan officer I'm planning to do the course soon. How much money can a mortgage loan officer make per month or annually and can they work from homeare their any limits on how much money can they make?
It is a very lucrative career for the people who are good at building relationships. There is no cap, and how much you make will depend on how much your compensation plan is where you work. Tip- for your first job, don’t go after the highest comp. Go after the best mentoring & training.
1st year I made $75k and had very low compensation. Years 3-8 I made $125-150k. Best years I made $350k. But I closed a lot of loans. I know LO’s who make more in other areas.
OMG Jerry Maguire moment. I had my moment too.
I feel like many of us do, it’s like initiation to leveling up!
Hi thank you for your video we really appreciate the information. I'm actually very interested in becoming a mortgage loan officer I'm planning to do the course soon. How much money can a mortgage loan officer make per month or annually and can they work from homeare their any limits on how much money can they make?
It is a very lucrative career for the people who are good at building relationships. There is no cap, and how much you make will depend on how much your compensation plan is where you work. Tip- for your first job, don’t go after the highest comp. Go after the best mentoring & training.
1st year I made $75k and had very low compensation. Years 3-8 I made $125-150k. Best years I made $350k. But I closed a lot of loans. I know LO’s who make more in other areas.
@@MortgageBusinessAcademy Thank you so much for the information ☺️
You're welcome. Have a great day!