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loan officer ‘There’s no ceiling on how much you can earn’ loan officers are paid between 0.2% and 2% of the total loan amount in commission : For example: If a loan officer negotiates a 1% commission on a $500,000 loan, they would be paid $5,000 on that transaction alone “There’s a hard limit on what you can make in a lot of jobs, but for loan officers, there’s no ceiling on how much you can earn” “It’s the kind of profession where you get whatever you put in — so if you work hard, you’re looking at a nice paycheck” loan officer claimed the No. 2 spot in Indeed’s annual ranking of the “best jobs” You can earn upward of $200,000 working from the comfort of your own home — no bachelor’s degree required — if you’re willing to crunch some numbers : average salary for loan officers is $192,339, demand for mortgages remains high “The need for loans will always be there, even if it ebbs and flows a bit” “It’s one of the most flexible jobs out there” “You can fit your schedule around client meetings, and most employers are supportive of you working from home, in my experience, that’s been a common practice for loan officers even before the pandemic” ‘There’s no ceiling on how much you can earn’ One of 2024′s ‘best jobs’ can pay over $200,000 and let you work remotely without a college degree