CMG Mortgage, Inc.

San Ramon, CA · NMLS #1820 · Updated Oct 29, 2026

At a glance

Company type
Independent Mortgage Bank (Retail) (from ranking export, not yet verified)
Headquarters
San Ramon, CA
NMLS ID
#1820
Website
Not yet reported
Careers page
Not yet reported
Hiring in
Arizona, South Carolina (states of postings seen) Public source · Oct 29, 2026 (captured)
Remote policy
Hybrid Public source · Oct 29, 2026 (captured)
Pay transparency
Comp model known, amounts not published

Compensation

Loan Officer - Consumer Direct (Tempe/Phoenix, AZ; Charleston, SC) · Loan Officer · Draw vs. commission
Amounts not published
Posting: 'A large portion of a Loan Officer's compensation is commission based. CMG pays base wages that are equivalent to minimum wage. Base wages for a non-exempt Loan Officer are a draw against commissions earned.' Hybrid 2-3 days onsite. Separate LO Training Program pays $20/hr + commission up to $2,000/mo.
Job posting · Oct 29, 2026 (date captured)
Industry benchmark Benchmarks describe the channel, not this company.
Retail IMB, tiered bps (W-2): 40 to 110 bps
LO is paid basis points on funded volume, often tiered by monthly volume or units, with a per-loan floor and cap. Sometimes a small hourly base or draw.

Benefits

Marketing tech stack; LOA support for qualifying producers (learnaboutcmg.com LO comp page) Public source · Oct 29, 2026 (captured)

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