ZipRecruiter

Log In

1

Mlo Jobs (NOW HIRING)

Weichert

Senior MLO Assistant

Morris Plains, NJ · On-site

$60K/yr

The Senior MLO Assistant collaborates with the Operations Team to achieve efficient and effective loan fulfillment and performs key communications with borrowers intended to enhance the overall ...

next page

Showing results 1-20

All JobsMlo Jobs

Mlo information

See salary details

$23K

$79.8K

$135.5K

How much do mlo jobs pay per year?

As of Jun 14, 2026, the average yearly pay for mlo in the United States is $79,825.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,000.00 and $100,000.00 per year, depending on experience, location, and employer.

What are some typical challenges Mortgage Loan Officers (MLOs) face when building and maintaining their client pipeline?

Mortgage Loan Officers often encounter challenges such as fluctuating market conditions, increased competition, and changes in lending regulations, which can directly impact their ability to attract and retain clients. Building a strong referral network, maintaining consistent follow-ups, and staying up-to-date on loan products are crucial for success. Additionally, MLOs must be proactive in managing time and balancing administrative tasks with relationship-building activities to ensure a healthy pipeline and steady flow of business.

What is the difference between Mlo vs Loan Officer?

AspectMloLoan Officer
CredentialsMortgage license, NMLS registrationLoan originator license, NMLS registration
Work EnvironmentMortgage lending companies, banksMortgage brokers, banks, credit unions
Industry UsagePrimarily in mortgage lendingBroader lending roles including personal, auto, mortgage
Search & Comparison IntentSpecialized in mortgage loansBroader loan types, including mortgage

The main difference is that an Mlo specializes in mortgage loans and requires specific licensing for mortgage lending, while a Loan Officer may handle various types of loans, including personal and auto loans, and may have broader responsibilities across lending sectors.

What job makes $10,000 a month without a degree?

A mortgage loan originator (MLO) can earn $10,000 or more per month through commissions, especially with experience and a strong client base. Success in this role often depends on sales skills, industry knowledge, and licensing requirements, but a college degree is not mandatory.

What are the key skills and qualifications needed to thrive as a Mortgage Loan Officer (MLO), and why are they important?

To thrive as a Mortgage Loan Officer, you need a solid understanding of lending practices, financial analysis, and compliance regulations, usually supported by state licensure and relevant experience. Familiarity with loan origination systems, credit analysis software, and financial documentation tools is typically required. Excellent interpersonal skills, attention to detail, and the ability to build trust with clients are vital soft skills in this role. These capabilities ensure accurate loan processing, regulatory compliance, and strong client relationships, which are essential for business success and customer satisfaction.

Is an MLO a good career?

A mortgage loan originator (MLO) is a professional who helps clients secure home loans and mortgages. The role requires strong communication skills, knowledge of lending regulations, and often involves commission-based income. It can be a stable career with growth opportunities for those who build a solid client base and stay current with industry changes.

What are MLOs (Mortgage Loan Officers)?

Mortgage Loan Officers (MLOs) are financial professionals who assist clients in obtaining mortgage loans to purchase real estate. They evaluate a borrower's financial information, explain different loan options, and guide applicants through the mortgage approval process. MLOs work for banks, credit unions, mortgage companies, or other lending institutions, and are responsible for ensuring that loan applications comply with federal and state regulations. Their goal is to help clients secure the best possible loan terms while managing risk for the lender.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary plus bonuses, and experience, location, and the lender's policies influence earnings.

Will MLO be replaced by AI?

Mortgage loan officers (MLOs) perform tasks that involve assessing borrower needs, explaining loan options, and guiding clients through the application process. While AI can automate certain administrative and data analysis tasks, the role of an MLO requires interpersonal skills, judgment, and regulatory knowledge that are not easily replaced by AI. Therefore, MLOs are likely to adapt by integrating AI tools rather than being fully replaced.
More about Mlo jobs
What cities are hiring for Mlo jobs? Cities with the most Mlo job openings:
What are the most commonly searched types of Mlo jobs? The most popular types of Mlo jobs are:
What states have the most Mlo jobs? States with the most job openings for Mlo jobs include:
What job categories do people searching Mlo jobs look for? The top searched job categories for Mlo jobs are:
Mlo jobs near you
Infographic showing various Mlo job openings in the United States as of June 2026, with employment types broken down into 74% Full Time, 25% Part Time, and 1% Contract. Highlights an 70% Physical, 1% Hybrid, and 29% Remote job distribution, with an average salary of $79,825 per year, or $38.4 per hour.
Senior MLO Assistant

Senior MLO Assistant

Weichert

Morris Plains, NJ • On-site

$60K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 24 days ago

Weichert Realtors rating

7.9

Company rating: 7.9 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

54th of 154 rated real estate companies

Job description

Weichert Financial Services is hiring a Senior Mortgage Loan Originator Assistant in it's North Jersey location. The Senior Mortgage Loan Originator Assistant (Senior MLO Assistant) provides comprehensive sales and administrative support to borrowers on behalf of one or more high-producing Mortgage Loan Originator(s) (MLO(s)) with the primary objective of increasing closed loan production and company contribution margin. This position is responsible for ensuring the timely and efficient movement of loan files through the loan pipeline. The Senior MLO Assistant collaborates with the Operations Team to achieve efficient and effective loan fulfillment and performs key communications with borrowers intended to enhance the overall borrower experience.
This position requires the Senior MLO Assistant to hold the appropriate licensing in accordance with SAFE Act requirements and consistent with the licensing of their assigned MLO(s). Licensing is necessary to perform duties that include communicating with borrowers about loan terms or engaging in discussions that may be interpreted as offering or negotiating those terms. The Senior MLO Assistant's origination activity must be limited to their Personal Sphere and Referral networks, and they are strictly prohibited from soliciting new business through other Residential Sales Channels.
Job responsibilities include, but are not limited to, the following:
  • Provides proactive sales and administrative support to the MLO, including managing calendars, scheduling appointments, and handling communications.
  • Acts as a liaison between clients, real estate professionals, title companies, and internal underwriting and processing staff throughout the loan process.
  • Collects, organizes and reviews requisite loan documentation from borrowers to ensure completeness and compliance.
  • Maintains and tracks the MLO's pipeline, ensuring all loans meet key deadlines for processing and closing.
  • Reviews, sorts, prioritizes and prospects MLO's Open House visitors in CRM, creating sales opportunities for MLO after initial prospecting calls.
  • Prepares and distributes marketing materials, thank-you letters, client communications and other nurturing campaigns as part of ongoing relationship management.
  • Monitors and maintains accurate contact records, loan status updates, and task tracking in the Surefire CRM systems.
  • Reviews loan files for compliance with federal and state regulations before submission.
  • Coordinates and supports continuing education and licensing requirements with the MLO and compliance team.
  • Provides support during webinars, training sessions, and internal meetings as required.
  • Performs general office duties, including monitoring supplies, filing, and email management.
  • Completes CPE and other requirements necessary to maintain individual state loan originator license(s).
  • Executes additional duties that arise to support the MLO's production goals.
  • Performs other duties as assigned.

Requirements:
  • High school diploma or GED
  • Associate's or Bachelor's degree preferred
  • Individual state loan originator license(s) necessary for specific states in which the employee engages in any mortgage loan origination activity
  • Minimum three (3) years of experience in the mortgage origination, processing or underwriting required
  • Experience with Encompass strongly preferred
  • Proficiency in Microsoft Office suite of products and loan origination systems
  • Excellent oral and written communications skills
  • Ability to multitask and prioritize in a fast-paced environment
  • Attention to detail and accuracy in document handling
  • Strong organizational skills and time management abilities
  • Analytical and problem-solving skills

In addition to a base salary up to $60,000, this position offers a competitive commission structure. The rate of pay offered will be dependent upon several factors including candidate's relevant skills, education, work experience, job location/geographic region, and/or certifications. Weichert offers a comprehensive suite of benefits to all eligible employees, including medical, dental, and vision insurance, life and disability coverage, 401(k) retirement savings, Paid Time Off (PTO), Flexible Spending Accounts (FSA), and much more.
Weichert is an equal opportunity employer. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

Apply