How much commission does a mortgage loan officer make?

Mortgage loan officers commonly earn a commission of about 1% to 2% of the loan amount, though this varies by employer and pay structure. Federal law prohibits commissions from varying based on the terms of the mortgage; a lender may instead pay a salary, a fixed amount per loan, or a fixed percentage of the loan amount. The Bureau of Labor Statistics reports a median wage for loan officers of $76,690 per year as of May 2025.

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