How much commission does a loan officer make on a single loan?
Loan officers and mortgage brokers are usually paid a commission of 1% to 2% of the loan amount, commonly split with the broker or employer that sponsors them. Federal law prohibits compensation from varying based on the terms of the mortgage, such as the interest rate, though a fixed percentage of the loan amount is permitted.
Loan officer or broker compensation on a single loan typically takes the form of an origination fee of about 1 percent of the mortgage amount, due at closing. Borrowers can sometimes roll the fee into the mortgage in exchange for a higher rate. Actual pay varies with the employer's compensation plan.
Sources: BLS Occupational Outlook Handbook: Loan Officers.
Loan officers commonly earn a commission of 1% to 2% of the loan amount on each loan they close. The actual amount on a single loan depends on the loan size and the compensation arrangement with the employer.
Sources: Ga. Comp. R. & Regs. 80-11-5: Mortgage loan originator licensure and other requirements; Ga. Comp. R. & Regs. 80-5-1-.02: License and supervision fees (LII mirror).
Loan officers commonly earn a commission of 1% to 2% of the loan amount, so the payout on a single loan depends on how large the loan is. The exact percentage varies by employer and market.
Sources: NMLS: Idaho state-specific PE and CE requirements for MLOs; Idaho DOF Guidance Statement 2020-01-CFB: financial responsibility/fitness of MLOs and key individuals.
Mortgage loan officers commonly earn a commission of 1% to 2% of the loan amount. The split between the officer and the employing company is set by the employer's compensation plan, not by Indiana licensing rules, so the amount on a single loan varies by employer and loan size.
Sources: Indiana DFI: MLO FAQ (updated 08/26/2025); NMLS: Indiana (IN - DFI) state-specific PE and CE requirements for MLOs.
There is no fixed commission. Mortgage loan officers are commonly paid a commission of roughly 1% to 2% of the loan amount, though pay structures vary by employer. For context, the U.S. Bureau of Labor Statistics reported a median annual wage of $76,690 for loan officers as of May 2025.
Sources: BLS Occupational Outlook Handbook: Loan Officers.
There is no standard commission amount for a single loan. Loan officer pay varies by employer: some earn salary or hourly wages, and others earn a base salary plus commission on each closed loan. The U.S. Bureau of Labor Statistics reports a 2025 median wage of $76,690 per year ($36.87 per hour) for loan officers.
Sources: BLS Occupational Outlook Handbook: Loan Officers.
Most loan officers earn a commission of 1% to 2% of the loan amount, though pay structures vary by employer and role. A loan officer who works for one lender receives the commission that employer sets, while an independent mortgage broker who shops the loan across multiple lenders earns a similar 1% to 2%.
Sources: NMLS: New Mexico state-specific PE and CE requirements for MLOs; New Mexico FID: FAQs (mortgage loan companies and originators).
Commissions, known as origination fees, commonly run 1% to 2% of the loan amount. The fee may be paid by the borrower, the lender, or both, depending on the arrangement. Some loan officers earn a base salary plus commission, with extra pay depending on the loans they originate or how those loans perform.
Sources: N.Y. Banking Law § 590: Definitions; registration required; N.Y. Banking Law § 591-a: Application to register as a mortgage broker; fees.
A loan officer commonly earns a commission of 1% to 2% of the loan amount, often split with the broker. The exact amount on a single loan depends on the loan size, the commission split, and the employer's pay structure.
Sources: NDCC Chapter 13-10: Mortgage Loan Originators (North Dakota Century Code); N.D. Admin. Code 13-08-01-01: Mortgage Loan Originator Fees.
Loan officers commonly earn 1% to 2% of the loan amount as commission on a single loan, and that commission is often split with the broker. The exact percentage depends on the employer's compensation structure, which varies by company.
Sources: NMLS: Rhode Island state-specific PE and CE requirements for MLOs; 230-RICR-40-10-2: Lenders, Loan Brokers, Small Loan Lenders, Third-Party Loan Servicers and Mortgage Loan Originators (RI DBR regulation).
Mortgage loan officers are commonly paid a commission on the loans they close, usually split with the broker or lender. Actual pay varies by employer, and many loan officers combine commission with a base salary.
Sources: 8 V.S.A. 2102: Application for license; application and license fees; 8 V.S.A. 2103: Approval of application and issuance of license.
Loan officers commonly earn 1% to 2% of the loan amount as commission, and that commission is often split with the broker. For context, the U.S. Bureau of Labor Statistics puts the median loan officer wage at $76,690 per year as of May 2025, though total pay varies with loan volume and compensation structure.
Sources: BLS OOH: Loan Officers.
A loan officer's commission on a single loan is commonly 1% to 2% of the loan amount. Actual compensation varies by employer compensation plans, loan type, and loan volume, and many loan officers combine commission with a base salary.
Sources: W. Va. Code 31-17A-4: State license application and issuance (SAFE Mortgage Licensing Act); W. Va. Code 31-17A-5: Issuance of license (required findings).