A Lucrative Career – And a Very Nice Lifestyle
The potential to earn in this field is basically unlimited. How much time and work do you want to put into your career and professional development? That’s the only real limiting factor.
For people who are good at relationships and have strong discipline to work, a six-figure annual income ($100,000+) is entirely possible.
On the low end, for people who approach their work more casually or who are balancing a lot of non-career endeavors, $50,000 to $75,000 per year is reasonable.
In the first year…
The salary and commission structure you actually receive will depend on your employer’s pay scale, but new loan officers are usually paid a base salary during their initial six to twelve months along with commission. Successful first year employees can reasonably expect to earn between $40,000 and $65,000 (base + commission). And as your personal productivity increases, you can expect to substantially increase your income. The companies that are eager to hire our students will offer a minimum of $30,000 a year salary.
In the second year…
As your career moves into the second year, with essential training completed, new referral relationships established and your professional reputation rising, no limits are imposed on your earnings. Second year earnings expectations often range between $70,000 and $100,000.
It’s up to you….
Ultimately, the time you invest, your level of professionalism and the creativity you bring to the job will be the drivers of your success.
The ORIGINATOR Plus program will provide you all the knowledge, insight and business strategies you need to achieve the highest end of your income potential in the mortgage industry.
Our success is solely measured on your success, so we are totally dedicated to helping you build your career.