How To Become A Real Estate Loan Officer: What It Is and Career Path

What is a real estate loan officer and how to become one

Updated January 8, 2025

3 min read

There is more than meets the eye when it comes to being a real estate loan officer. For example, did you know that they make an average of $43.37 an hour? That's $90,206 a year! Between 2018 and 2028, the career is expected to grow 4% and produce 12,600 job opportunities across the U.S.

ScoreReal Estate Loan OfficerUS Average

Salary

7.0

Avg. Salary $90,206

Avg. Salary $59,228

Stability level

7.3

Growth rate 4%

Growth rate 0.3%

Diversity

5.4

Race

American Indian and Alaska Native 0.48%

Asian 6.40%

Black or African American 8.44%

Hispanic or Latino 16.00%

Unknown 4.64%

White 64.04%

Gender

female 45.42%

male 54.58%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress level

7.3

Stress level is high

7.1 - high

Complexity level

8.8

Complexity level is advanced

7 - challenging

Work life balance

5.6

Work life balance is fair

6.4 - fair

Key steps to become a real estate loan officer

Explore real estate loan officer education requirements

Most common real estate loan officer degrees

Bachelor's

65.9 %

Associate

17.9 %

Master's

6.4 %

Start to develop specific real estate loan officer skills

Skills	Percentages
Real Estate Loans	18.69%
Mortgage Loans	7.63%
Business Development	7.26%
Escrow	6.53%
Financial Products	5.76%

Complete relevant real estate loan officer training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New real estate loan officers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a real estate loan officer based on U.S. Bureau of Labor Statistics data and data from real real estate loan officer resumes.

Research real estate loan officer duties and responsibilities

Manage a multifacete commercial real estate investment firm.
Supervise loan from origination and application through processing and final disposition.
Complete origination documents, obtain necessary signatures and deliver complete loan package to processing.
Schedule property website implementation from template, update internet/social media advertising, and handle MLS entry.

Prepare your real estate loan officer resume

When your background is strong enough, you can start writing your real estate loan officer resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a real estate loan officer resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable real estate loan officer resume templates

Build a professional real estate loan officer resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your real estate loan officer resume.