Is being a mortgage loan officer a hard job?

It is a demanding role by several measurable standards. State licensing requires 20 hours of pre-licensing education and a national test with a 53% first-time pass rate as of December 31, 2024, per NMLS testing data. Once working, 51% of loan officers report a typical week of more than 40 hours, and 45% report daily time pressure, according to O*NET survey responses. Loan officers typically need a bachelor's degree plus on-the-job training.

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