Who earns more, a mortgage loan officer or a mortgage broker?

No federal wage source separates the two roles: the Bureau of Labor Statistics groups mortgage loan officers and mortgage brokers into one loan officer occupation, with a median annual wage of $76,690 in May 2025. Private salary aggregates tend to show brokers with somewhat higher average pay, but those figures rest on self-reported data and are not directly comparable. In both roles, earnings vary widely because some positions pay a flat salary while others pay commission based on loans originated.

On national averages, mortgage brokers earn somewhat more than loan officers. The U.S. Bureau of Labor Statistics reports a median annual wage of $76,690 for loan officers as of May 2025, with the highest 10% earning more than $153,180. Actual earnings in both roles depend on loan volume, commission structure, and market conditions.