Guaranteed Base Salary.
Uncapped Monthly Bonuses
Join Loan Factory's in-house recruiting team. Get a steady base salary plus uncapped bonuses for every qualified producer you bring in.
Three career levels
Base pay ranges from $40,000 to $60,000/year based on your past experience.
Associate Recruiter
Main focus
- Source producing Loan Officers
- Run software demos
- Invite Loan Officers to weekly webinars
Bonus pay
Standard bonus table (per recruit)
Senior Recruiter
Main focus
- Target high-volume Loan Officers
- Manage branch moves
- Coach team members
Bonus pay
Standard bonus table (per recruit)
Team Lead
Main focus
- Lead recruiting teams
- Drive recruiting strategy
- Source top producers
Bonus pay
Standard bonus table (per recruit), plus a 10–20% semiannual team bonus
Minimum Standards for All Levels:
- First 60 Days (Ramp-up): Bring in at least 3 qualified recruits.
- Every Month After: Bring in at least 2 qualified recruits (or 1 top producer with 48+ loans) to meet the bonus tier. Target recruiting goals range from 5–10 per month depending on position level.
- Weekly Activity: Complete 10 recruiting calls or meetings on company Zoom Phone.
- Qualified Recruit: A loan officer with at least 12 closed loans in the past 12 months.
How you get paid
Recruit at least 2 qualified Loan Officers each month to unlock your recruiting bonus.
Your bonus for each Loan Officer you recruit is based on the number of loans they closed during the 12 months before joining Loan Factory.
How to qualify: Bring in at least 2 qualified recruits in a month (or 1 top producer with 48+ loans) to unlock your full bonus check.
Standard payout.
The 60-day clock starts the day that loan officer is 100% onboarded. When it runs out, the bonus is picked up in the next Saturday sweep, reviewed and approved by the Commission Team, and paid about 15 days after that — roughly 75 days from the onboarding date in total.
Fast-track payout.
If a recruit closes 5 or more loans within their first 60 days, the waiting period is skipped and the check is released once the fifth loan funds.
Frequently asked questions
Who counts as a qualified recruit?
Any loan officer who closed at least 12 loans in the last 12 months. Recruits with under 12 loans go to our general onboarding team and do not count toward your bonus.
Who gets credit for a recruit?
The first recruiter to log the loan officer in the system will receive the credit.
How is daily activity tracked?
Calls and meetings are logged automatically through your company Zoom Phone.
Ready to join our recruiting team?
Get steady base pay, clear goals, and uncapped bonus checks.