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Mlo Assistant Jobs (NOW HIRING)

Loan Partner

Saint Louis, MO ยท On-site

$40K - $50K/yr

MAJOR AREAS OF responsibilities 1. Assist Mortgage Loan Originator (MLO) with all origination and loan process functions. 2. Conduct preliminary research needed on the loan to help determine mortgage ...

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How much do mlo assistant jobs pay per year?

As of Aug 15, 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 does a mortgage loan officer assistant do?

A mortgage loan officer assistant supports loan officers by preparing and organizing loan documents, communicating with clients, and coordinating the loan process. They often handle administrative tasks, verify borrower information, and use loan origination software to ensure smooth processing. Strong organizational skills and knowledge of mortgage procedures are essential for this role.

Is it hard to find a job as an Mlo Assistant?

Finding a job as an MLO Assistant can be competitive but is generally accessible with relevant skills in mortgage processes, customer service, and familiarity with loan origination software. Entry-level positions may require some training or certification, but demand for support roles in mortgage lending remains steady due to industry growth.

How does an MLO Assistant 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.

What are the key skills and qualifications needed to thrive as an MLO Assistant?

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.

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 August 2026, with employment types broken down into 93% Full Time, and 7% Part Time. Highlights an 100% In-person job distribution, with an average salary of $37,951 per year, or $18.2 per hour.

Mortgage Loan Originator (MLO) - Dual Compensation

Local Bank

Maitland, FL โ€ข On-site

Part-time

Re-posted 8 hours ago


Job description

Job Type
Part-time
Description
The Dual Compensation Loan Originator (DCLO) position is designated for an aspiring MLO, which also serves in a licensed Realtor profession. The DCLO is responsible for generating residential mortgage loan production through developing and maintaining strong client relationships, providing exceptional service, and guiding customers through the home loan process. This role actively seeks new business opportunities, evaluates borrower needs, and ensures all mortgage applications comply with regulatory and bank policies.
Business Development & Customer Service
  • Build and maintain a strong pipeline of mortgage prospects through referrals, community involvement, and networking activities.
  • Conduct borrower consultations to understand financial goals and recommend suitable mortgage solutions.
  • Maintain consistent, timely communication with borrowers, realtors, builders, and internal partners throughout the loan process.
  • Deliver exceptional service to promote customer satisfaction, repeat business, and referrals.

Loan Origination & Processing
  • As a DCLO, agree to a partnership assignment with a tenured MLO or producing sales manager.
  • Assist borrowers with mortgage pre-qualification, pre-approvals, and qualifying.
  • Help collect and verify financial documentation for application accuracy.
  • Collaborate with department management, underwriters, processors, and closing staff to facilitate efficient and timely loan decisions and closings.
  • Monitor loan progress and proactively address information requests or conditions.

Compliance & Risk Management
  • Ensure all loan interactions and documentation comply with federal, state, and bank regulations such as RESPA, TILA, HMDA, and Fair Lending.
  • Maintain accurate and complete loan records in accordance with bank standards.
  • Stay current on mortgage programs, market trends, interest rates, and regulatory changes affecting the mortgage industry.

Performance & Reporting
  • Meet or exceed individual production goals and performance expectations.
  • Track and report pipeline activity, conversion ratios, and lead sources.
  • 100% in-person or virtual participation in all mandatory sales meetings, division meetings, company-wide meetings, product training, compliance trainings, and/or equivalent type development meetings.
  • With all clients, the DCLO agrees to disclose to all applicants potential representation in a dual capacity, and agrees to secure signed agreements acknowledging this disclosure requirement.
  • Other duties and responsibilities as assigned.

Requirements
Working Conditions:
  • Standard office environment or remote with moderate travel within the assigned market; occasional travel for meetings and events.
  • The DCLO position is part-time and considered exempt under the FSLA outside sales exemption.
  • The DCLO position must demonstrate at least one year's worth of full-time employment in a licensed Realtor profession, specifically within the Orlando/Central Florida region.
  • The DCLO employee must continue to maintain full-time employment in a Realtor or equivalent type real estate profession.
  • The DCLO position is not eligible for benefits.
  • Flexibility to work evenings or weekends based on borrower availability.
  • Ability to represent the bank professionally at networking and community events.
  • Prolonged periods sitting at a desk and working on a computer.
  • Must be able to lift up to 15 pounds at times.
  • Professional attire required.

Qualifications:
  • High school diploma or equivalent required; associate or bachelor's degree preferred.
  • Active NMLS registration or the ability to obtain an active NMLS registration with the ability to maintain SAFE Act compliance.
  • Strong understanding of residential mortgage products, underwriting standards, and the loan process.
  • Excellent interpersonal, communication, and problem-solving skills.
  • Ability to work independently, manage multiple loan files, and prioritize deadlines.

Dual representation limitations:
  • The DCLO applicant acknowledges that certain states regulations, state funded down payment assistance programs, and investors may not accept dual representation. Local Bank reserves the right to withhold compensation where dual capacity limitations are governed by other authorities.
  • The DCLO applicant hereby acknowledges that this position is part-time, commission only and ineligible for benefits.