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Mortgage Associate Jobs (NOW HIRING)

Keep abreast of secondary market enhancements and industry changes. * Assist Mortgage Associates with issues and questions regarding loan files, closings and documentation. * Review files for timely ...

Keep abreast of secondary market enhancements and industry changes. * Assist Mortgage Associates with issues and questions regarding loan files, closings and documentation. * Review files for timely ...

Keep abreast of secondary market enhancements and industry changes. * Assist Mortgage Associates with issues and questions regarding loan files, closings and documentation. * Review files for timely ...

Mortgage Loan Assistant

Sacramento, CA · On-site

$40K - $100K/yr

... Associate's degree in accounting, finance, or business preferred • Must possess exceptional attention to detail, as well as strong analytical and time management skills • Mortgage lending ...

Mortgage Loan Assistant

Sacramento, CA · On-site

$40K - $100K/yr

High school diploma or GED required - Associate's degree in accounting, finance, or business ... Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA ...

Associate's degree (required) or 0-2 years of professional experience. What We Offer | Career and ... Take the first step towards a rewarding career in the mortgage industry with AD Mortgage. Our ...

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Mortgage Associate information

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How much do mortgage associate jobs pay per hour?

As of Jun 23, 2026, the average hourly pay for mortgage associate in the United States is $20.33, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $24.52 per hour, depending on experience, location, and employer.

What is the difference between Mortgage Associate vs Mortgage Loan Officer?

AspectMortgage AssociateMortgage Loan Officer
CredentialsTypically requires a mortgage license, basic financial knowledgeRequires mortgage license, often more extensive sales and financial certifications
Work EnvironmentBank branches, mortgage offices, or online platformsBank branches, mortgage broker offices, or direct client meetings
Employer & Industry UsageCommonly employed by banks, credit unions, mortgage companiesEmployed by banks, mortgage lenders, or as independent brokers
Primary RoleAssist in processing mortgage applications, support loan officersOriginate, evaluate, and approve mortgage loans directly with clients

While both roles involve working with mortgage loans, Mortgage Associates typically support the loan process and assist loan officers, focusing on administrative tasks. Mortgage Loan Officers actively originate and evaluate loans, often engaging directly with clients to close deals. Understanding these differences helps in choosing the right career path or job search focus.

What is a Mortgage Associate?

A Mortgage Associate is a professional who assists clients in obtaining mortgages or refinancing existing loans. They work under the supervision of licensed mortgage brokers or agents to collect financial information, assess client needs, and help match clients with appropriate loan products. Mortgage Associates play a key role in the mortgage application process by ensuring paperwork is completed accurately and submitted on time. They also maintain communication between clients, lenders, and other professionals involved in the real estate transaction. Generally, they must meet specific training and licensing requirements depending on their jurisdiction.

How much income to qualify for a $200,000 mortgage?

A mortgage associate or any borrower typically needs a gross monthly income that allows for a debt-to-income ratio of around 36% or less, meaning approximately $6,000 in monthly income for a $200,000 mortgage, assuming standard interest rates and terms. Lenders also consider credit score, employment history, and other debts when determining qualification. Having strong financial documentation and understanding mortgage calculations can help in the qualification process.

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

Mortgage associates or loan officers typically earn a commission or fee based on the loan amount, often around 0.5% to 1% of the loan. For a $500,000 loan, this could translate to $2,500 to $5,000 in commissions or fees, depending on the company's compensation structure and the specific transaction details.

What salary do you need for a $500,000 mortgage?

A Mortgage Associate typically does not determine the salary needed for a mortgage; however, lenders generally recommend that your monthly housing costs, including mortgage payments, should not exceed 28-30% of your gross monthly income. For a $500,000 mortgage, assuming a 30-year term and 6% interest, the monthly payment would be approximately $3,000, so a gross monthly income of around $10,000 to $11,000 is often required, depending on other debts and financial factors.

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

Mortgage associates or brokers typically earn a commission based on the loan amount, often around 0.5% to 1%, which would be approximately $2,500 to $5,000 on a $500,000 loan. Their income can vary depending on the commission structure, experience, and the lender's policies, and they may also receive additional fees or bonuses for closing loans. Skills in sales, underwriting, and customer service are important for success in this role.

What are the key skills and qualifications needed to thrive as a Mortgage Associate, and why are they important?

To thrive as a Mortgage Associate, you need a solid understanding of mortgage products, financial analysis, and lending regulations, typically supported by a bachelor's degree in finance or a related field. Familiarity with loan origination systems (LOS), customer relationship management (CRM) software, and regulatory compliance tools is essential. Excellent communication, attention to detail, and customer service skills help build trust and ensure smooth client interactions. These skills and qualities are crucial for accurately processing applications, maintaining regulatory compliance, and delivering a positive client experience in a competitive lending environment.

What are some common challenges Mortgage Associates face when managing a high volume of loan applications?

Mortgage Associates often manage multiple loan files simultaneously, which can make organization and attention to detail crucial. A common challenge is juggling the documentation and communication required for each client while meeting tight deadlines. Effective time management and the ability to prioritize tasks are essential to ensure applications are processed efficiently and clients remain informed throughout the process. Regular collaboration with underwriters, loan officers, and clients is necessary to resolve issues quickly and move loans forward.
More about Mortgage Associate jobs
What cities are hiring for Mortgage Associate jobs? Cities with the most Mortgage Associate job openings:
What are the most commonly searched types of Mortgage jobs? The most popular types of Mortgage jobs are:
What states have the most Mortgage Associate jobs? States with the most job openings for Mortgage Associate jobs include:
What job categories do people searching Mortgage Associate jobs look for? The top searched job categories for Mortgage Associate jobs are:
Infographic showing various Mortgage Associate job openings in the United States as of June 2026, with employment types broken down into 2% As Needed, 8% Full Time, 87% Part Time, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $42,286 per year, or $20.3 per hour.

Mortgage Associate, Direct Lending Sales (Jr. Loan Officer)

Ocwen

Plano, TX • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Job description

Onity Rapid Curriculum Academy - ORCA Junior Loan Officer 

Junior Loan Officers will be responsible for soliciting existing Portfolio customers to sell a range of mortgage products in order to meet individual sales goals, company retention goals, and most importantly meet the needs of the Homeowner.

At PHH Mortgage, we enjoy being a part of the lending industry and we want to share this fulfilling, challenging, REWARDING career with you! 

Set in a virtual classroom environment and some on-site, PHH Mortgage will provide you the training and tools for success and a lucrative new career!

Who are we looking for?

  • Recent college grads looking for an exciting career in the mortgage industry
  • Veterans transitioning to the civilian workforce
  • Candidates with 1 to 2 years of Sales or Customer Service 

What we offer in our Trainee Program:

  • Base salary paid bi-weekly (plus overtime opportunity).
  • Commissions paid monthly.
  • Quarterly incentive based on conversion performance
  • Full suite of benefits (health, life, dental, vision, 401k, PTO).
  • Best in class training program that will prepare you for success 
  • Call center environment with inbound and outbound leads.

Job Functions:

  • Inbound and Outbound leads provided by the company from our existing portfolio of clients
  • Complete mortgage application for qualified clients
  • Communicate and set proper expectations with the client from the start of the transaction
  • Qualify clients for new mortgage loans using automated underwriting systems (DU/LP)
  • Deliver mortgage options to customer in one call to move forward with PHH Mortgage as their preferred lender
  • Collect pertinent information/documents from client to begin processing
  • Sends all required paperwork to client and provides excellent customer service
  • Adhere to all regulatory mortgage compliance guidelines 
  • Partner with internal operations to consistently produce clean files and successfully complete transactions
  • Input transactions into PHH Mortgage's lead management system
  • Communicate effectively with all parties to the transaction.  
  • Offer excellent customer service to all borrowers  
  • Structure business day to ensure balance of taking inbound leads and making follow-up contact with current sales pipeline in order to consistently meet minimum performance standards
  • Attend all trainings, sales meetings, orientations as directed
  • Increase knowledge of mortgage industry by completing all internal trainings timely
  • Ability to use multiple software applications at one time

Qualifications:

  • College Degree, High School Diploma, GED or military experience equivalent
  • Preferred 1 to 2 years Sales or Customer Service experience
  • Ability to obtain industry required licensing and continued education (company sponsored)
  • Ability to maintain annually all federal and state licensing requirements
  • (This includes background and credit checks annually)
  • Customer service driven; responsive to client issues and concerns
  • Ability to effectively communicate with others in a professional manner
  • Flexibility in schedule to accommodate morning /evening shifts as well as Weekends
  • Proficiency in Microsoft Office programs, specifically Word, Excel, and Outlook

Training:

This role will be HYBRID until end of the "nesting period".  M, T, W in office.  It will then transition to a Remote Role (Anticipate ).  Must live in commutable distance to Plano, TX. 

This position pays hourly at 20.19 during training.  After successful passing of the NMLS exam and completion of training, you will receive promotion to Loan Officer, and commission and bonus will commence. 

#WeAreOnity #LoanOfficer  #OnityMortgage

Onity Group Inc. is a leading non-bank financial services company providing mortgage servicing and originations solutions through its subsidiary, Onity Mortgage, formerly known as PHH Mortgage. Onity Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to customers, clients and investors.


At Onity, we strive to earn our customers' loyalty every day. We do this by consistently delivering exceptional service and building trust through reliability, integrity, and following through on our commitments. We operate through the lens of the customer, understand the importance of homeownership, and take pride in helping homeowners. Collectively this fosters long-term relationships, ensuring our customers feel valued and supported. We expect all employees to interact with and engage our colleagues and our customers with respect, courtesy and professionalism, and to achieve results consistent with our service delivery standards.


Onity is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to inclusion and equal opportunity ensures that we sustain our reputation as an outstanding place to work, a great business partner and a valued community member. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.


Onity Group Inc. offers a comprehensive benefits package including medical, dental and vision; up to 3% match on 401(k) contributions; generous paid time off; company-paid life, accident and disability coverage; programs for mental, physical and financial wellness; and more. Visit jobs.onitygroup.com for details.