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Mortgage Loan Originator

A comprehensive guide to Mortgage Loan Originator licensing requirements across all 50 states. Compare median salaries, educational prerequisites, and processing timelines to plan your next career move effectively.

Median Salary

$72,911 / yr

Min. Education

Varies by state board

Job Outlook

Below national median; evaluate local demand

Top Paying State

New York

Coverage: 50 states

StateMedian SalaryLicense TypeEducation RequiredEst. TimelineAction
NY
New YorkCompact: No
$98,940Avg. Growth
Register with licensing agencySpecific course requiredVaries by boardDetails
NJ
New JerseyCompact: Yes
$95,090Avg. Growth
Stand-alone licenseVaries by state boardVaries by boardDetails
MA
MassachusettsCompact: Yes
$93,430Avg. Growth
Stand-alone licenseDegree requiredVaries by boardDetails
VT
VermontCompact: Pending
$86,490Avg. Growth
Stand-alone licenseSpecific course requiredVaries by boardDetails
MN
MinnesotaCompact: Yes
$84,480Avg. Growth
Register with licensing agencyVaries by state boardVaries by boardDetails
ND
North DakotaCompact: No
$82,990Avg. Growth
Stand-alone licenseSpecific course requiredVaries by boardDetails
Showing 1-6 of 50 states