Can I make $3,000 per month as a Loan Originator?

Question

Can I make $3,000 per month as a Loan Originator on a commission basis? How soon can I begin to make $3,000 per month on a regular basis?

I am not looking for a get rich quick plan. I am looking to earn an income within a month of starting.

Thanks for all answers!

Jay Hinrichs · Answer

mortgage MLO's will make this in no time.. and big money is a reality if your good

Jared Bouzek · Answer

@Charles Stewart II Can you make $3,000 per month as an MLO? Sure, if you put the work in.

Will you make $3,000 within your first month of starting? I would say it's unlikely considering that you have no experience. I didn't have people beating down my door the moment I got my license to do a loan. Not to mention that once you do find your first client, you will typically have a 30 day gap from the time you start the process until you close and get paid.

​Can I make $3,000 per month as a Loan Originator?

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Can I make $3,000 per month as a Loan Originator?