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Mlo Assistant Jobs (NOW HIRING)

Schedule appointments for the MLO * Assist the MLO in converting prequalification to applications in the LOS. This is strictly handling the administrative side of setting up the electronic loan ...

Schedule appointments for the MLO * Assist the MLO in converting prequalification to applications in the LOS. This is strictly handling the administrative side of setting up the electronic loan ...

Collect, organize, and verify borrower documentation (e.g., paystubs, W-2s, insurance forms) as directed by a licensed MLO. * Assist in preparing loan files for underwriting submission by assembling ...

Loan Partner I - Bilingual Russian

Lynnwood, WA · On-site +1

$21.64 - $31.25/hr

Collect, organize, and verify borrower documentation (e.g., paystubs, W-2s, insurance forms) as directed by a licensed MLO. * Assist in preparing loan files for underwriting submission by assembling ...

Loan Partner I

Kingwood, TX · On-site

$14.90 - $24.04/hr

Collect, organize, and verify borrower documentation (e.g., paystubs, W-2s, insurance forms) as directed by a licensed MLO. * Assist in preparing loan files for underwriting submission by assembling ...

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Mlo Assistant information

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$28.5K

$38K

$47K

How much do mlo assistant jobs pay per year?

As of Jul 25, 2026, the average yearly pay for mlo assistant in the United States is $37,951.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,500.00 and $40,000.00 per year, depending on experience, location, and employer.

What is an MLO Assistant?

An MLO Assistant, or Mortgage Loan Officer Assistant, is a professional who supports mortgage loan officers in processing and managing loan applications. Their responsibilities often include gathering financial documents from clients, preparing loan files, communicating with borrowers, and ensuring all paperwork complies with regulatory guidelines. By handling administrative tasks and assisting with customer service, MLO Assistants help streamline the loan process and improve client satisfaction. This role is essential in maintaining efficient workflow within mortgage lending teams.

What can a loan officer assistant do?

A loan officer assistant supports loan officers by gathering borrower information, preparing loan documents, and managing communication with clients and lenders. They often handle administrative tasks, verify documentation, and use loan processing software to ensure smooth loan approval processes.

How does an MLO Assistant typically support loan officers in managing client applications?

As an MLO Assistant, you play a critical role in streamlining the mortgage loan process by handling document collection, coordinating with clients, and ensuring all required paperwork is complete and compliant. You assist loan officers by managing communication between borrowers, underwriters, and other stakeholders, which helps keep applications moving smoothly and efficiently. This position requires strong organizational skills and attention to detail, as you'll often track multiple files and deadlines simultaneously. Working closely with the loan officer, you contribute to a positive customer experience and help increase the team's productivity.

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 may vary depending on the lender and location.

How to become a licensed loan officer assistant?

To become a licensed loan officer assistant, you typically need to gain relevant experience in mortgage or financial services, complete any required training or certification programs, and obtain a license if state regulations mandate it. While licensing is not always required for assistants, having knowledge of loan processing, customer service skills, and familiarity with mortgage software can improve job prospects.

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

To thrive as an MLO Assistant, you need strong organizational skills, attention to detail, and a basic understanding of mortgage lending processes, often supported by experience in financial services or administrative roles. Familiarity with loan origination software (LOS), customer relationship management (CRM) tools, and document management systems is typically required. Effective communication, multitasking, and a customer-service mindset are critical soft skills that set top performers apart. These abilities ensure smooth loan processing, compliance with regulations, and an excellent client experience in a fast-paced mortgage environment.

Do mlos make good money?

Mortgage loan originator assistants (MLO Assistants) typically earn a salary that depends on experience, location, and employer, with many earning between $30,000 and $50,000 annually. They often support licensed MLOs by handling administrative tasks, and some positions may include commissions or bonuses based on loan volume.

What is the difference between Mlo Assistant vs Loan Processor?

AspectMlo AssistantLoan Processor
Required CredentialsHigh school diploma, sometimes certification in mortgage or financeHigh school diploma, often mortgage or finance certification
Work EnvironmentOffice setting, supporting mortgage loan officersOffice setting, handling loan documentation and processing
Employer & Industry UsageMortgage companies, banks, credit unionsMortgage lenders, banks, financial institutions
Common Search & ComparisonOften compared for entry-level mortgage support rolesMore focused on processing loans, but overlaps in responsibilities

The main difference between an Mlo Assistant and a Loan Processor is that the Mlo Assistant primarily supports mortgage loan officers with administrative tasks, while a Loan Processor handles the detailed review and processing of loan applications. Both roles require similar credentials and work in similar environments, but their focus within the mortgage process differs.

More about Mlo Assistant jobs
What cities are hiring for Mlo Assistant jobs? Cities with the most Mlo Assistant 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 Assistant jobs? States with the most job openings for Mlo Assistant jobs include:
Infographic showing various Mlo Assistant job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 76% Full Time, 20% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $37,951 per year, or $18.2 per hour.
Loan Originator Assistant Unlicensed

Loan Originator Assistant Unlicensed

DR Horton

Richmond, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago


D.R. Horton rating

7.4

Company rating: 7.4 out of 10

Based on 34 frontline employees who took The Breakroom Quiz

36th of 80 rated construction


Job description

D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high-quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website at www.drhorton.com for more information.
D.R. Horton, Inc. is currently looking for a Loan Originator Assistant-Unlicensed. The right candidate will support the Mortgage Loan Originator (MLO) so that the MLO can focus on producing more volume and provide a higher level of customer service.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
  • Communicate with parties to the transaction to update them on loan status
  • Track outstanding applications and loan documents and call customers to follow up on those documents
  • Schedule appointments for the MLO
  • Assist the MLO in converting prequalification to applications in the LOS. This is strictly handling the administrative side of setting up the electronic loan package. The MLO should select product, loan terms, etc. and it should be in the MLO's name in the LOS
  • Assist MLO in preparing loan application documentation to submit to processing
  • Assist MLO in returning phone calls when appropriate. Only basic status updates or requests for information may be made. LOA-Unlicensed is prohibited from communicating or negotiating loan terms, rates, etc. to a consumer
  • Monitor pipeline reports daily for status of applications and communicate with processors weekly/daily to make sure all loans are moving through the approval process
  • Occasionally provide initial "set up" of the file. i.e., order appraisal, title, verifications etc.
  • Maintains current knowledge of company and investor guidelines as well as state and federal regulations
  • Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
  • Ability to work overtime
  • Ability to travel overnight

Qualifications
Education and/or Experience
  • High school diploma or general education degree (GED)
  • Six months to one-year related experience and/or training
  • Strong attention to detail and ability to multitask in a fast-paced environment
  • Ability to manage multiple priorities; strong detail orientation and highly organized
  • Strong verbal and written communication skills
  • Ability to apply common sense understanding to carry out instructions furnished in written oral form or via DRH applications
  • Proficiency with MS Office and email
  • Ability to sit for majority of 8-hour workday; use hands and fingers to handle or feel; reach with hands and arms; talk and hear. Specific vision abilities required by this job include close vision and peripheral vision
  • The noise level is generally moderate

Preferred Qualifications
  • Proficiency with loan origination software and CRM systems a plus

Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including:
  • Medical, Dental and Vision
  • 401(K)
  • Employee Stock Purchase Plan
  • Flex Spending Accounts
  • Life & Disability Insurance
  • Vacation, Sick, Personal Time and Company Holidays
  • Multiple Voluntary and Company provided Benefits

Build YOUR future with D.R. Horton, America's Builder.#WeBuildPeopleToo

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