Loan officer jobs and pay in Michigan
66 mortgage companies in our directory are hiring or headquartered in Michigan: 4 with job postings we have seen there and 63 headquartered there (1 of them both).
By company type, the largest group is retail independent mortgage banks (41), followed by credit unions (13).
The most common headquarters cities are Troy (16), Grand Rapids (5), Southfield (5).
5 of these companies have sourced loan officer comp information on file, and 1 of them publish numbers. The most common plan type in those facts is salary + bonus (3 of 7).
Companies with numeric loan officer pay on file include Rocket Mortgage, LLC.
2 companies list remote roles in a source we cite.
Our pay transparency tracker lists no Michigan law requiring pay ranges in job posts.
Loan officer pay summary
- Hourly: 1 fact from 1 company, at $17.31 an hour.
- Plan types: Salary + bonus 3, Draw vs. commission 2, Hourly + commission 1, Commission (bps) 1.
Based on 7 sourced facts (1 with numbers, 6 describing the plan without amounts) from 5 companies hiring or headquartered in Michigan, dated Sep 3, 2026 to Oct 29, 2026. 1 comes from a posting located in Michigan; the rest describe company-wide plans that may not be specific to Michigan. Industry benchmarks and unsourced figures are excluded.
| Company | Role as posted | Plan type | Terms | Source and date |
|---|---|---|---|---|
| Rocket Mortgage, LLC | Executive Loan Officer (San Diego, CA) | Hourly + commission | $17.31/hr | Job posting, Sep 3, 2026 |
| Better Mortgage Corporation | Loan Officer | Salary + bonus | Amounts not published | Job posting, Oct 29, 2026 |
| Better Mortgage Corporation | Licensed Loan Officer - Texas / Mortgage Loan Officer - Michigan | Salary + bonus | Amounts not published | Job posting, Oct 29, 2026 |
| Everett Financial, Inc. | Mortgage Loan Officer (trainee program) | Salary + bonus | Amounts not published | Public web page, Oct 29, 2026 |
| Northpointe Bank | Loan Officer | Draw vs. commission | Amounts not published | Job posting, Oct 29, 2026 |
| Union Home Mortgage Corp. | Loan Officer (Kirby & Angie Team, Northern MI) MI posting | Commission (bps) | Amounts not published | Public web page, Oct 29, 2026 |
| Rocket Mortgage, LLC | Mortgage Loan Officer (Cleveland) - 2026 start dates | Draw vs. commission | Amounts not published | Job posting, Oct 27, 2026 |
Companies with sourced loan officer pay
| Company | HQ | NMLS | Best sourced pay |
|---|---|---|---|
| Rocket Mortgage, LLC | Detroit, MI | 3030 | LO: $17.31/hr |
| Better Mortgage Corporation | New York, NY | 330511 | LO: Salary + bonus, rates not published |
| Everett Financial, Inc. | Dallas, TX | 2129 | LO: Salary + bonus, rates not published |
| Northpointe Bank | Grand Rapids, MI | 447490 | LO: Draw vs. commission, rates not published |
| Union Home Mortgage Corp. | Strongsville, OH | 2229 | LO: Commission (bps), rates not published |
Related
- All mortgage companies hiring in Michigan
- Filter loan officer employers in Michigan
- Loan officer pay nationwide
- How loan officer comp works and the bps calculator
Loan officer pay in other states
How we source and date pay facts: methodology. Spot an error? Send a correction.