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Mortgage Licensing Jobs (NOW HIRING)

Mortgage Licensing Specialist Company: LitFinancial Location: Troy, MI Position Type: Full-time Reports To: Senior Mortgage Trainer LitFinancial is on a mission to be the most client focused mortgage ...

Bachelor's Degree required. * 6-8 years of mortgage experience, including strong knowledge of NMLS and licensing requirements. Knowledge, Skill, and Ability Requirements: * Strong understanding of ...

Bachelor's Degree required. * 6-8 years of mortgage experience, including strong knowledge of NMLS and licensing requirements. Knowledge, Skill, and Ability Requirements: * Strong understanding of ...

Mortgage industry experience preferred, particularly in compliance, licensing, or regulatory affairs. * Proficiency in Microsoft 365 (Excel, Word, Outlook, Teams, SharePoint). * Ability to interpret ...

Licensing Specialist

Linthicum, MD ยท On-site +1

$20.88 - $24.05/hr

Mortgage industry experience preferred, particularly in compliance, licensing, or regulatory affairs. * Proficiency in Microsoft 365 (Excel, Word, Outlook, Teams, SharePoint). * Ability to interpret ...

Nationwide Mortgage Licensing System and Registry (NMLS) registration required. Proficient in Microsoft Office (Word, Excel, and PowerPoint) or related software. Knowledge of federal banking ...

This position requires successful registration and issuance of a unique identification number from the Nationwide Mortgage Licensing System (NMLS) in compliance with the Secure and Fair Enforcement ...

Nationwide Mortgage Licensing System and Registry (NMLS) registration required. Proficient in Microsoft Office (Word, Excel, and PowerPoint) or related software. Knowledge of federal banking ...

Nationwide Mortgage Licensing System and Registry (NMLS) registration required. Proficient in Microsoft Office (Word, Excel, and PowerPoint) or related software. Knowledge of federal banking ...

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Mortgage Licensing information

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How much do mortgage licensing jobs pay per hour?

As of Jul 19, 2026, the average hourly pay for mortgage licensing in the United States is $20.67, according to ZipRecruiter salary data. Most workers in this role earn between $19.95 and $21.39 per hour, depending on experience, location, and employer.

What are some common challenges faced by professionals working in mortgage licensing, and how can they be overcome?

Professionals in mortgage licensing often encounter challenges related to staying compliant with evolving state and federal regulations, managing multiple license renewals, and ensuring timely submission of accurate documentation. These challenges can be addressed by maintaining organized records, utilizing regulatory tracking tools, and participating in ongoing professional development to stay updated on industry changes. Building strong relationships with compliance teams and regularly reviewing state licensing requirements can also help prevent lapses and streamline the licensing process.

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

Mortgage brokers typically earn a commission based on a percentage of the loan amount, often around 0.5% to 1%. For a $500,000 mortgage, this could translate to $2,500 to $5,000 in commissions, though actual earnings vary depending on the broker's agreement and the lender's policies.

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

A mortgage 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 on a $500,000 loan. Compensation can also include base salary and bonuses, depending on the employer and experience. Skills in sales and knowledge of lending regulations are important in this role.

What are the key skills and qualifications needed to thrive in Mortgage Licensing, and why are they important?

To thrive in Mortgage Licensing, you need a solid understanding of mortgage regulations, compliance requirements, and state-specific licensing processes, often supported by a relevant degree or experience in finance or real estate. Familiarity with mortgage origination systems, regulatory databases such as NMLS (Nationwide Multistate Licensing System), and certifications like the NMLS license are typically required. Strong attention to detail, organizational skills, and the ability to communicate regulatory information clearly help professionals excel in this role. These skills ensure accurate licensing, legal compliance, and smooth processing, which are crucial for maintaining trust and credibility in the mortgage industry.

What is mortgage licensing?

Mortgage licensing is the process by which individuals and companies obtain the legal authorization to originate, broker, or service mortgage loans. This usually involves meeting specific state and federal requirements, passing background checks, completing pre-licensing education, and passing the Nationwide Multistate Licensing System & Registry (NMLS) exam. Licensing helps ensure that mortgage professionals adhere to industry regulations and standards, protecting consumers from fraud and unethical practices. The requirements may vary depending on the state and the type of mortgage activities performed.

What is the highest paying job in the mortgage industry?

In the mortgage industry, senior roles such as Mortgage Vice Presidents, Chief Mortgage Officers, or Regional Managers tend to have the highest salaries, often exceeding six figures annually. These positions require extensive experience, leadership skills, and industry knowledge, and they typically oversee large teams or operations. Compensation varies based on company size, location, and individual performance.

Do mlos make good money?

Mortgage licensing officers (MLOs) can earn a competitive salary, often supplemented by commissions or bonuses based on loan volume. Their income varies depending on experience, location, and the size of the company, with many earning between $50,000 and $100,000 annually. Strong communication skills and industry knowledge can enhance earning potential in this role.

What is the difference between Mortgage Licensing vs Mortgage Underwriting?

AspectMortgage LicensingMortgage Underwriting
Required CredentialsLicense, background check, examUnderwriting training, certifications (e.g., CE)
Work EnvironmentRegulatory agencies, licensing boardsLoan processing, financial analysis
Employer & Industry UsageMortgage lenders, brokers, regulatorsMortgage lenders, banks, credit unions
Comparison Search IntentUnderstanding licensing requirementsAssessing loan risk and approval

Mortgage Licensing primarily involves obtaining the necessary credentials to legally operate in the mortgage industry, focusing on compliance and regulatory standards. Mortgage Underwriting, on the other hand, involves evaluating loan applications to determine borrower eligibility and risk. While both roles are integral to the mortgage process, licensing ensures legal operation, whereas underwriting focuses on loan approval decisions.

More about Mortgage Licensing jobs
What cities are hiring for Mortgage Licensing jobs? Cities with the most Mortgage Licensing job openings:
What states have the most Mortgage Licensing jobs? States with the most job openings for Mortgage Licensing jobs include:
Infographic showing various Mortgage Licensing job openings in the United States as of July 2026, with employment types broken down into 2% Locum Tenens, 1% As Needed, 72% Full Time, 16% Part Time, and 9% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $43,000 per year, or $20.7 per hour.

Mortgage Licensing Specialist

Lit Financial

Troy, MI โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 4 days ago


Job description

Job Title: Mortgage Licensing Specialist
Company: LitFinancial
Location: Troy, MI
Position Type: Full-time
Reports To: Senior Mortgage Trainer
LitFinancial is on a mission to be the most client focused mortgage company in the industry. As of 2025, LitFinancial has earned a perfect 5-star review with the Better Business Bureau and a 4.9 rating with hundreds of reviews from Google by delivering a world class experience. LitFinancial is a dynamic organization built with go-getters who are passionate, hardworking, and honest which fuels an incredible environment.
Position Overview:
The Mortgage Loan Originator (MLO) Licensing Specialist is responsible for the administration and maintenance of all MLO licensing activities across multiple states. ย This role ensures new and existing Loan Originators remain properly licensed and compliant with federal and state licensing requirements. ย The specialist manages license transfers, new state license applications, renewals, continuing education requirements, and required pre-licensing education while serving as the primary internal resource for licensing-related questions.
The ideal candidate is highly organized, detail-oriented, and capable of managing multiple deadlines in a fast-paced environment with minimal supervision.
Key Responsibilities:
  • Coordinate and process MLO license transfers for newly hired Loan Originators.
  • Manage new state license applications through the Nationwide Multistate Licensing System (NMLS).
  • Oversee annual license renewal process for all licensed team members.
  • Monitor licensing expiration dates and ensure timely renewals.
  • Track Continuing Education (CE) requirements and proactively notify employees of upcoming deadlines.
  • Monitor completion of required SAFE pre-licensing education for new Loan Originators.
  • Ensure all licensing documentation is complete, accurate, and submitted on time.
  • Maintain accurate licensing records for all MLOs.
  • Assist Loan Originators with NMLS account updates and licensing questions.
  • Research and stay current on state-specific licensing requirements and regulatory changes.
  • Coordinate fingerprinting, background checks, and other licensing prerequisites as required.
  • Work closely with Recruiting, Human Resources, Compliance, and Sales Leadership to ensure licensing timelines align with onboarding and business needs.
  • Generate reports on licensing status, expirations, pending applications, and compliance metrics.
  • Maintain confidential employee licensing information.
  • Identify opportunities to improve licensing workflows and increase efficiency.
  • Perform additional administrative and compliance-related duties as assigned.

Qualifications
  • 2+ years of mortgage licensing, mortgage operations, compliance, or mortgage industry experience.
  • Working knowledge of NMLS and SAFE Act licensing requirements.
  • Strong organizational and time management skills.
  • Excellent attention to detail with the ability to manage multiple deadlines simultaneously.
  • Strong written and verbal communication skills.
  • Proficiency with Microsoft Office Suite (Excel, Outlook, Word).
  • Ability to work independently with minimal supervision and take ownership of responsibilities.
  • Strong problem-solving and critical-thinking skills.
Preferred Skills
  • Experience managing multi-state MLO licensing preferred.
  • Experience in a mortgage brokerage or mortgage banking environment.
  • Familiarity with state regulatory agencies and licensing requirements.
  • Experience using HRIS systems such as Rippling or similar platforms.
What We Offer:
  • Competitive salary plus performance bonuses
  • Health, dental, and vision insurance
  • 401(k)
  • Paid time off and holidays
  • Supportive and collaborative team environment
  • Opportunities for career advancement

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