Best States to Get an MLO License in 2026

Deciding where to build your mortgage career is not just about passing an exam or getting licensed. Location plays a major role in how much opportunity you will actually see once you start originating loans. Housing demand, population movement, and lending activity vary widely by state. This guide looks at the best states to get an MLO license in 2026 by examining housing trends, employment data, and long-term market stability.

Whether you are entering the mortgage industry for the first time or planning to add another state to your license, understanding where opportunity exists can save you time and frustration.

Why Location Still Shapes MLO Careers

An MLO license allows you to originate loans, but the strength of your pipeline depends heavily on where borrowers are actively buying homes. Some states generate consistent purchase volume, while others experience sharper ups and downs tied to interest rates.

According to the U.S. Bureau of Labor Statistics, loan officers earned a median annual wage of $65,740 in 2024, but earnings vary significantly depending on location and market activity.

This variation is often driven by housing demand and borrower volume rather than experience alone.

What Makes a State Attractive for MLOs in 2026

The most favorable states for mortgage professionals tend to share a common set of characteristics. These factors matter even more as the market adjusts to changing interest rates.

Strong MLO markets typically include:

• Population growth that fuels home purchases

• Active residential construction

• High transaction volume across price points

• Manageable licensing and compliance requirements

• A mix of first-time, move-up, and repeat buyers

States that balance affordability with demand often provide steadier opportunities year after year.

Housing Trends Supporting Mortgage Demand

Mortgage activity closely follows housing growth. The U.S. Census Bureau reports that states in the South and West continue to lead the nation in population growth and new housing permits.

As more people move into these states, demand for purchase loans, refinances, and specialized mortgage products increases. These trends play a key role in identifying the best states to get an MLO license heading into 2026.

States With Strong Opportunity for MLOs

Several states consistently stand out due to housing activity, economic growth, and borrower demand. These markets support both new and experienced mortgage professionals.

Florida

Florida continues to attract retirees, remote workers, and families relocating from higher-cost states. Purchase lending remains strong across metro areas and expanding suburbs.

Year-round housing activity reduces seasonal slowdowns, which helps MLOs maintain steadier pipelines throughout the year.

Texas

Texas remains one of the most active housing markets in the country. Job growth, business relocation, and relatively affordable housing continue to drive mortgage demand across large metros and secondary cities.

For volume-focused professionals, Texas is often listed among the best states to get an MLO license because of its size and diversity.

Georgia

Georgia has experienced steady growth fueled by metro expansion and affordability. Atlanta remains a major hub, while surrounding regions attract buyers seeking lower costs.

This environment creates opportunities for MLOs who work with first-time buyers and growing households.

Arizona

Arizona continues to see inbound migration, particularly from higher-priced western states. New construction and suburban development support purchase-heavy lending markets.

MLOs who understand local housing trends can build long-term careers here.

​North Carolina

North Carolina has become one of the most attractive mortgage markets in the Southeast. Strong population growth, job expansion, and relative affordability continue to drive steady homebuying activity across cities like Charlotte, Raleigh, and Durham.

North Carolina consistently ranks among the top states for net inbound migration, which directly supports purchase loan demand. This balance of growth and stability makes North Carolina a practical option for MLOs who want long-term opportunity without extreme market volatility.

Comparing MLO-Friendly States

These states frequently appear in discussions about the best states to get an MLO license because they combine growth with market resilience.

States Offering Stability Over Speed

Not every mortgage professional is seeking rapid expansion. Some prefer predictable volume and long-term client relationships.

States such as Minnesota, Wisconsin, and Pennsylvania tend to offer steadier housing markets. While transaction volume may be lower, repeat business and referral networks are often stronger.

For MLOs focused on consistency, stability can be just as valuable as fast growth.

Licensing Costs and State Requirements

While federal SAFE Act standards apply nationwide, state-level licensing costs and education requirements vary. Some states require additional coursework or background checks, which can impact entry costs.

When evaluating the best states to get an MLO license, it is important to factor in both opportunity and compliance expenses.

Remote Work Is Expanding MLO Reach

Mortgage lending has increasingly moved toward remote and hybrid models. Many licensed MLOs now serve borrowers across multiple states from a single location.

This flexibility allows professionals to strategically add states with strong housing demand instead of relying on one local market. States with streamlined digital processes are especially appealing in 2026.

Timing Matters in Mortgage Careers

Many successful MLOs enter the industry during slower periods. This allows time to focus on education, systems, and client relationships before volume increases.

Choosing from the best states to get an MLO license during a transitional market phase can position you for stronger results when conditions improve.

Education Still Separates Top Performers

Licensing alone does not guarantee success. High-performing MLOs invest in education, compliance knowledge, and borrower communication skills.

Many aspiring professionals explore structured platforms like realestateu because they focus on exam preparation and real-world application rather than theory alone. Understanding state requirements early reduces friction later.

Income Potential Depends on Strategy

Income varies widely based on state, lender model, and borrower mix. High-volume markets may offer more deals but also more competition.

Lower-volume markets may provide stronger margins per loan and deeper referral relationships. Understanding your preferred working style helps guide licensing decisions.

Building a Long-Term Licensing Strategy

Many MLOs begin with one state and expand gradually. Adding licenses strategically allows you to follow borrower demand and diversify income streams.

The best states to get an MLO license in 2026 are those that align with your career goals, lifestyle preferences, and appetite for growth.

Making an Informed Decision

An MLO license is more than a credential. It is the foundation of your mortgage career. Choosing the right state influences income potential, workload, and long-term satisfaction.

Markets will change, but demand for knowledgeable and ethical mortgage professionals remains consistent.

​Take the Next Step

Choosing the right state is only the beginning. Preparation turns opportunity into results.

Enroll in RealEstateU’s MLO license courses and start building your mortgage career with clarity and confidence.

FAQs: Best States to Get an MLO License in 2026

What is a licensed MLO?

A licensed MLO is a mortgage loan originator authorized to take residential loan applications and negotiate loan terms under federal and state law.

Is an MLO the same as a loan officer?

Yes. An MLO is a loan officer who meets federal and state licensing requirements under the SAFE Act.

What career is MLO?

MLO is a career in mortgage lending focused on helping borrowers secure home financing through purchase, refinance, and specialty loan products.

Is being an MLO a good long-term career?

For individuals who enjoy client relationships and financial problem-solving, it can be a stable and rewarding career in active housing markets.