Join Loan Factory and keep 100% of your commission
We'll call you to discuss the details, send an offer and the agreement to review, then get you fully onboarded. Here's exactly what that looks like.
The onboarding process
1 Fill out your information
2 Pay the $100 one-time startup fee
3 Give Loan Factory access to your NMLS record
4 Our licensing team sponsors you
5 Review the loan officer agreement
6 HR onboards you and creates your account, with an orientation
7 You have full access to loanfactory.com and start growing your business
Before you begin
Welcome to Loan Factory! Before we jump into onboarding, we want to make sure we're a perfect match.
Loan Factory is a fast-growing, tech-driven mortgage broker. To maintain our high standards and ensure your personal success, we ask every loan officer to meet the following foundational criteria.
1
Licensing & NMLS requirements
- Active status: you must hold a valid NMLS ID. The state(s) you want us to sponsor must currently be Active or Approved-Inactive.
- Expired licenses: if your license for a specific state has expired, you must renew it through the NMLS before we can submit a sponsorship request.
- Pending sponsorship: if you recently applied for a new state license and are waiting for a sponsoring employer to activate it, we can sponsor you.
2
Tech literacy & computer proficiency
- We are a tech-first company: Loan Factory prides itself on proprietary, cutting-edge technology, and we're happy to guide you through it.
- The expectation: you should be comfortable navigating modern software and adapting to digital workflows independently to efficiently manage your pipeline.
3
Minimum production expectations
- Baseline requirement: to maintain active sponsorship, loan officers are expected to close at least 1 loan every 6 months.
4
Drive, competitive spirit, and adaptability
- Entrepreneurial mindset: success here requires an active approach — hunt for new clients and build your own brand using our tools.
- Continuous learning: the mortgage industry and our technology evolve rapidly. Successful loan officers are proactive, open to feedback, and eager to master new guidelines and features.
Ready to get started?
Email our recruiting team with your NMLS ID and the states you'd like us to sponsor — we'll take it from there.