Guaranteed Base Salary.
Uncapped Monthly Bonuses

Start here

The whole job, as one story

Five steps, in the order they actually happen. This is a full-time role with a base salary — the detail below is the pay scale, not the pitch.

1. 1

   This is a salaried job, not a side arrangement.

   You join Loan Factory’s in-house recruiting team on a guaranteed base of $40,000 to $60,000 a year, set by the experience you bring. The bonuses sit on top and are uncapped.

2. 2

   Your job is to find producing loan officers and start the conversation.

   Source them, run the software demo, bring them to the weekly webinar, and keep every prospect tracked. A qualified recruit is a loan officer with at least 12 closed loans in the past 12 months.

3. 3

   Hit the monthly minimum and the bonus unlocks.

   Two qualified recruits a month — or one top producer with 48+ loans — opens your bonus tier. Targets run 5 to 10 a month depending on level, and the first 60 days ask for 3 to ramp up.

4. 4

   What each recruit pays you depends on what they were already closing.

   The bonus per loan officer is set by how many loans they closed in the 12 months before joining, on a published scale. A bigger producer is worth more, which is why sourcing beats volume.

5. 5

   The money lands about 75 days after they start — sooner if they produce.

   A 60-day clock starts the day your recruit is 100% onboarded; the Saturday sweep then picks it up, the Commission Team approves it, and it pays roughly 15 days later. If they close 5 or more loans inside those first 60 days, the wait is skipped and the check is released once the fifth funds.

About 90 seconds to read. Everything below is detail, only if you want it.