Embrace Home Loans, Inc.

Middletown, RI · NMLS #2184 · Updated Oct 29, 2026

At a glance

Company type
Independent Mortgage Bank (Retail) (from ranking export, not yet verified)
Headquarters
Middletown, RI
NMLS ID
#2184
Website
embracehomeloans.com
Careers page
Not yet reported
Hiring in
Massachusetts (states of postings seen) Public source · Oct 29, 2026 (captured)
Remote policy
Not yet reported
Pay transparency
Posts pay ranges (at least one sourced posting with numbers)

Compensation

Loan Officer, Junior / Loan Officer - Retail · Loan Officer · Hourly + commission
$20.00–$24.00/hr
Retail Loan Officer: exempt, commission-based, no fixed salary listed. Junior Loan Officer: $20-$24/hour plus commission/overrides, approved overtime. Recruiting page: 60% reimbursement of marketing expenses.
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

60% marketing expense reimbursement Public source · Oct 29, 2026 (captured)

Open roles

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