There is more than meets the eye when it comes to being a mortgage loan counselor. For example, did you know that they make an average of $21.94 an hour? That's $45,635 a year! Between 2018 and 2028, the career is expected to grow 5% and produce 72,100 job opportunities across the U.S.

What Does a Mortgage Loan Counselor Do

There are certain skills that many mortgage loan counselors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed detail oriented, initiative and interpersonal skills.

How To Become a Mortgage Loan Counselor

If you're interested in becoming a mortgage loan counselor, one of the first things to consider is how much education you need. We've determined that 53.8% of mortgage loan counselors have a bachelor's degree. In terms of higher education levels, we found that 2.6% of mortgage loan counselors have master's degrees. Even though most mortgage loan counselors have a college degree, it's possible to become one with only a high school degree or GED.

Mortgage Loan Counselor Career Paths

Top Careers Before Mortgage Loan Counselor

Top Careers After Mortgage Loan Counselor

Average Salary for a Mortgage Loan Counselor

Mortgage Loan Counselors in America make an average salary of $45,635 per year or $22 per hour. The top 10 percent makes over $57,000 per year, while the bottom 10 percent under $35,000 per year.
Average Mortgage Loan Counselor Salary
$45,635 Yearly
$21.94 hourly
$35,000
10 %
$45,000
Median
$57,000
90 %

What Am I Worth?

salary-calculator

States With The Most Mortgage Loan Counselor Jobs

Mouse over a state to see the number of active mortgage loan counselor jobs in each state. The darker areas on the map show where mortgage loan counselors earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Mortgage Loan Counselor Jobs By State

RankStateNumber of JobsAverage Salary
1California2,127$51,702
2Florida1,552$42,281
3Texas1,361$37,870
4New York1,148$54,278
5Pennsylvania1,021$43,483
6Illinois945$40,330
7Arizona729$38,482
8Georgia721$35,636
9New Jersey675$50,111
10Ohio665$42,738
11Minnesota652$38,774
12North Carolina620$39,217
13Washington562$36,412
14Colorado559$41,429
15Michigan555$39,821
16Virginia522$38,241
17Maryland506$46,465
18Tennessee413$38,090
19Indiana395$36,781
20Missouri388$42,145
21Massachusetts369$51,552
22South Carolina351$36,394
23Wisconsin311$37,341
24Connecticut294$52,358
25Oregon281$40,375
26Iowa273$39,881
27Alabama248$40,413
28Kentucky223$41,600
29Utah217$47,667
30Louisiana211$37,747
31Kansas183$39,703
32Nevada178$49,370
33Arkansas146$34,277
34Oklahoma143$35,116
35Mississippi136$49,160
36Idaho136$36,786
37Nebraska120$46,914
38Montana120$35,282
39New Mexico120$35,532
40Delaware118$51,776
41Maine99$37,722
42Rhode Island94$52,061
43South Dakota87$35,301
44North Dakota86$47,896
45New Hampshire86$50,864
46Hawaii75$40,371
47West Virginia72$42,824
48Wyoming71$37,878
49Alaska69$49,987
50Vermont49$49,777

Mortgage Loan Counselor Education

Mortgage Loan Counselor Majors

33.6 %
11.2 %

Mortgage Loan Counselor Degrees

Bachelors

53.8 %

Associate

23.1 %

High School Diploma

12.8 %

Top Colleges for Mortgage Loan Counselors

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Private

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

Top Skills For a Mortgage Loan Counselor

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 19.1% of mortgage loan counselors listed customer service on their resume, but soft skills such as detail oriented and initiative are important as well.

Choose From 10+ Customizable Mortgage Loan Counselor Resume templates

Zippia allows you to choose from different easy-to-use Mortgage Loan Counselor templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Mortgage Loan Counselor resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume
Mortgage Loan Counselor Resume

Mortgage Loan Counselor Demographics

Mortgage Loan Counselor Gender Distribution

Female
Female
60%
Male
Male
40%

After extensive research and analysis, Zippia's data science team found that:

  • Among mortgage loan counselors, 60.4% of them are women, while 39.6% are men.

  • The most common race/ethnicity among mortgage loan counselors is White, which makes up 67.5% of all mortgage loan counselors.

  • The most common foreign language among mortgage loan counselors is Spanish at 60.0%.

Work Experience Programs For Mortgage Loan Counselors

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Financial Services Regulation Program

Company: Herbert Smith Freehills

Cost: Free

Duration: 5-6.5 hours

Audit Program

Company: Grant Thornton Australia

Cost: Free

Duration: 5-6 hours

Markets - Sales & Trading Program

Company: Citi APAC

Cost: Free

Duration: 5-6 hours

Product Design Program

Company: Accenture North America

Cost: Free

Duration: 4 hours

Commercial Law Program

Company: Bowmans South Africa

Cost: Free

Duration: 12-13 hours

Financial Audit Program

Company: PwC Switzerland

Cost: Free

Duration: 5-6 hours

On-Premise Sales Program

Company: Red Bull

Cost: Free

Duration: 2-3 hours

Client Service Program

Company: Bloomberg

Cost: Free

Duration: 5-6 hours

Online Courses For Mortgage Loan Counselor That You May Like

Advertising Disclosure  
Become a Mortgage Loan Processor
udemy
4.4
(2,812)

Finibi Mortgage CEO, Joe Correa, teaches you how to become a mortgage loan processor...

Advanced Mortgage Loan Processor: Essential Skills Training
udemy
4.4
(648)

Finibi Mortgage CEO, Joe Correa, teaches you how to take your mortgage loan processor career to the next level...

Start a Profitable Career as a Mortgage Loan Originator
udemy
4.5
(358)

Learn from the president and CEO of Finibi Mortgage, Joe Correa, how the entire mortgage process works...

Show More Mortgage Loan Counselor Courses
Job type you want
Full Time
Part Time
Internship
Temporary

How Do Mortgage Loan Counselor Rate Their Jobs?

Working as a Mortgage Loan Counselor? Share your experience anonymously.
Do you work as a Mortgage Loan Counselor?
Rate how you like work as Mortgage Loan Counselor. It's anonymous and will only take a minute.

Top Mortgage Loan Counselor Employers

Most Common Employers For Mortgage Loan Counselor

RankCompanyAverage SalaryHourly RateJob Openings
1JPMorgan Chase & Co.$62,159$29.885
2Bank of America$54,549$26.236
3Gateway First Bank$54,057$25.994
4Wells Fargo$53,400$25.679
5Beazer Homes$50,906$24.474
6MetLife$50,759$24.404
7USAA$50,546$24.303
8Regions Bank$50,447$24.256
9SunTrust$49,089$23.607
10BOK Financial$49,025$23.573