1

Trainee Broker Jobs in Michigan (NOW HIRING)

Recruiter

Troy, MI · On-site

$60K - $95K/yr

Lending Force is a Top 25 broker with United Wholesale Mortgage , with offices in Troy, Michigan ... What You'll Do * Own full-cycle hiring for our loan officer and loan officer trainee roles ...

Real Estate Agent Trainee

Ann Arbor, MI · On-site

$75K - $140K/yr

This is more than a brokerage relationship; it is a true partnership. If our vision matches your goals, or you know someone who would thrive in this environment, we encourage you to apply.

next page

Showing results 1-20

Trainee Broker information

See Michigan salary details

$22.2K

$37.9K

$55.3K

How much do trainee broker jobs pay per year?

As of Sep 6, 2026, the average yearly pay for trainee broker in Michigan is $37,941.00, according to ZipRecruiter salary data. Most workers in this role earn between $28,800.00 and $44,500.00 per year, depending on experience, location, and employer.

What is a trainee broker?

Trainee brokers are entry-level professionals who are learning the fundamentals of buying and selling financial products, such as stocks, bonds, or insurance, under the supervision of experienced brokers. Their responsibilities typically include assisting senior brokers, studying financial markets, learning compliance regulations, and developing client relationships. The goal of a trainee broker is to gain the necessary skills, knowledge, and certifications to eventually become a fully qualified broker.

What are the key skills and qualifications needed to thrive as a trainee broker?

To thrive as a Trainee Broker, you need a solid understanding of financial markets, strong numerical skills, and typically a bachelor’s degree in finance, economics, or a related field. Familiarity with trading platforms, financial modeling tools, and regulatory systems is also essential, and relevant certifications like the Series 7 or equivalent may be required. Outstanding communication, resilience under pressure, and attention to detail are crucial soft skills for building client relationships and handling complex transactions. These skills and qualities are vital for navigating fast-paced financial environments and ensuring accurate, compliant, and effective trading operations.

What are some typical challenges faced by a trainee broker during the first year, and how can they be overcome?

Trainee Brokers often face challenges such as quickly building a client base, adapting to a fast-paced and target-driven environment, and mastering complex financial products. Success in the first year often depends on proactive networking, seeking guidance from experienced colleagues, and dedicating time to ongoing learning and industry certifications. Embracing feedback and maintaining resilience are key strategies to overcome initial setbacks and thrive in this competitive role.

What is the difference between Trainee Broker vs Junior Broker?

AspectTrainee BrokerJunior Broker
Required CredentialsBasic licensing, entry-level certificationsLicensed broker, often with additional certifications
Work EnvironmentTraining environment, supervised tasksClient-facing, independent decision-making
Employer & Industry UsageFinancial firms, insurance companies, real estate agenciesFinancial services, insurance, real estate

The main difference is that a Trainee Broker is in the training phase, focusing on learning and gaining necessary licenses, while a Junior Broker has completed training and is actively working with clients and making independent decisions.

Are stockbrokers still in demand?

Stockbrokers, including trainee brokers, remain in demand as they facilitate investment transactions and financial advising. The role requires strong analytical skills, licensing, and knowledge of trading platforms, with employment influenced by market conditions and regulatory changes.

How much does a trainee broker make?

A trainee broker typically earns between $30,000 and $50,000 annually, depending on the industry, location, and firm. Compensation often includes a base salary plus commissions or bonuses as they gain experience and develop client relationships.

How to become a trainee broker?

To become a trainee broker, candidates typically need a high school diploma or equivalent, and some firms prefer candidates with a college degree in finance, economics, or related fields. The role often requires passing licensing exams such as the Series 7 and Series 63, which are administered by the Financial Industry Regulatory Authority (FINRA). Additionally, trainees usually undergo on-the-job training to develop industry-specific skills and knowledge of trading platforms and regulations.

What are the most commonly searched types of Broker jobs in Michigan?

The most popular types of Broker jobs in Michigan are:

Infographic showing various Trainee Broker job openings in Michigan as of August 2026, with employment types broken down into 50% Full Time, and 50% Contract. Highlights an 100% In-person job distribution, with an average salary of $37,941 per year, or $18.2 per hour.

Loan Officer Trainee - Paid Training

Lending Force, LLC

Troy, MI • On-site

Other

Medical, Dental, Vision, Retirement, PTO

Posted 6 days ago


Job description

Paid training. Paid licensing. Get good — on our dime.

Lending Force is hiring our next class of Loan Officer Trainees in Troy. You don't need a mortgage background and you don't need a license. You're paid from day one while we train you, we cover 100% of your licensing, and we put you on the phone with a coach next to you.

Our own employees rate us 4.6 out of 5 across 57 reviews — the highest of any mortgage company in Troy.


We're a Top 25 broker with United Wholesale Mortgage, with offices in Troy, Michigan; Miami, Florida; and Tempe, Arizona.


Your First 90 Days

We don't hand you a headset and wish you luck.

  • Days 1–30 — Learn the business. Classroom and floor training on loan products, credit, and borrower qualification. You're on the phones in week one with a script and a coach beside you.
  • Days 31–60 — Get licensed. Full NMLS pre-licensing coursework and SAFE exam prep with a dedicated in-house exam trainer — not a video course you work through alone. Lending Force pays 100% of your course fees, exam fees, and licensing costs. You pay nothing.
  • Days 61–90 — Build your pipeline. Company-provided leads, your own conversations, and real files moving toward closing with a licensed mentor on every call.


Compensation and Benefits

  • Base pay during training plus uncapped commission
  • 100% paid NMLS licensing — coursework, exam fees, and licensing costs
  • Paid study time and instructor-led SAFE exam prep
  • 401(k) with a 4% company match
  • Health, dental, and vision insurance
  • Paid time off
  • Clear promotion track: Trainee → Licensed Loan Officer → Senior LO → Team Lead


Troy Headquarters

  • On-site gym
  • Hair salon and barber
  • Golf simulator
  • Pool tables


What You'll Do

  • Work company-provided leads — live transfers / inbound calls. You are not cold-calling a list you bought.
  • Talk to homeowners and homebuyers about their goals and figure out what they actually need
  • Learn to qualify a borrower and structure a loan that works
  • Gather documentation and keep your files clean and moving
  • Work alongside our in-house processing team so your loans close on time
  • Get coached daily — live call reviews, objection handling, script work


Who Does Well Here

  • 1+ year in phone, retail, hospitality, fitness, insurance, auto, or any commission sales — or a recent grad who's hungry
  • Comfortable talking to strangers about money
  • Takes coaching without getting defensive
  • Competitive, and keeps score
  • High school diploma or equivalent; no prior mortgage experience required
  • Willing to complete NMLS pre-licensing and pass the SAFE exam — we sponsor and pay for it


The Details

Full-time, W-2, [Monday–Friday, 9:00 AM–6:00 PM], on-site at 50 W Big Beaver Rd, Troy, MI. This is not a remote role — the training only works in the room. Next class starts 8/31/2026.


Equal Opportunity Employer

Lending Force, LLC is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law.