Tool · free, no account

Where is it easiest to open: Mortgage and Nonmortgage Loan Brokers

50 states, side by side. Operator counts and wages from Census and BLS; licence records matched on “SOC 13-2072” (soc) for Loan Officers. A blank gate means NO RECORD MATCHED, which is not the same as no licence.

StateOperatorsAvg staffPay / employeeGateLicence titles matched
CA2,4163.9$88,146licenceCalifornia Finance Lender Law; California Residential Mortgage Lendin
FL1,1173.4$86,749licenceLoan Originators; Title Loan Lender
TX5527.8$73,740licenceTitle Escrow Officer
AZ44513.0$57,807licenceAdvance Fee Loan Broker; Commercial Mortgage Banker
CO4044.9$87,845examMortgage Broker; Mortgage Loan Originator
NY3845.0$132,262examMortgage Loan Originator
MI3077.4$65,218licenceLoan Originator, Mortgage
IL2663.6$84,088licenceLOAN BROKERS; OWNER OF CREDIT SERVICES ORGANIZATION
UT2516.0$76,999licenceRESIDENTIAL MORTGAGE LENDER
GA2493.9$77,162not matched—
PA2305.2$97,707not matched—
NJ2204.3$85,113licenceMORTGAGE BANKER AND BROKER
VA2073.4$94,820not matched—
OR1533.8$81,903licenceEscrow Agents; Loan Originators
MA1527.5$141,514not matched—
NC1519.0$107,178examCheck Cashing License; Check Cashing Privilege
MD1508.0$82,345not matched—
WA1433.2$92,892examEscrow Agent, Officer; Loan Originator
NV1417.1$80,320not matched—
OH1158.8$173,111not matched—
SC957.4$83,563not matched—
MN8814.9$85,002licenceAccelerated Mortgage Payment Provider; Mortgage Loan Originator License
CT873.9$90,212not matched—
MO8155.5$124,716not matched—
LA815.0$70,333not matched—
TN665.0$110,362not matched—
KY653.8$60,931examMortgage Individuals (Loan Officers, M; Specialty Credit Producer and Managing
IN553.0$89,372not matched—
HI532.4$59,600not matched—
ID472.5$90,127examLoan Originator Licensees; Mortgage Licensees
AL454.5$102,188not matched—
NH355.0$107,227not matched—
DE356.0$71,972licenceLoan Officers and Counselors
KS334.4$56,897examLoan Originator
WI2914.7$94,585examMORTGAGE BANKER; MORTGAGE BROKER
OK271.8$60,417licenceMortgage Loan Originators
NM204.2$62,145examLicensed Mortgage Loan Companies; Mortgage Loan Originators
AR151.7$54,160licenceLoan Officer; Mortgage Broker, Mortgage Banker, Mort
MT153.4$83,451licenceLoan Originators; Mortgage Brokers
IA142.1$56,267licenceMortgage Banker/Broker License/Mortgag
NE144.5$83,190licenceCredit Union Loan Officer; Mortgage Loan Originator
ME143.1$96,386not matched—
RI143.4$56,188not matched—
AK126.0$78,264licenceMortgage Brokers, Mortgage Lenders and
ND103.3$64,545not matched—
DC745.1$86,984not matched—
MS62.0$80,167not matched—
VT54.4$111,045not matched—
WY51.0$41,200examMORTGAGE LOAN ORIGINATORS
WV35.7$93,824not matched—

Axes are shown side by side and deliberately NOT collapsed into a ranking. A composite would be a score with no measured interval, and an unmeasured score is the thing this product exists to argue against. A high licence gate is a cost to enter and a moat once cleared — which of those matters more is the operator's call, not ours.

Licence data courtesy of CareerOneStop, sponsored by the U.S. Department of Labor. Free to read, no account, always — a condition of the data licence as well as our own position.