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Mortgage Loan Originator

Job in Richmond, Henrico County, Virginia, 23214, USA
Listing for: Dream House Virginia, LLC
Commission-based only position
Listed on 2026-09-16
Job specializations:
  • Finance & Banking
    Financial Sales
  • Sales
    Financial Sales
Salary/Wage Range or Industry Benchmark: 90000 - 150000 USD Yearly USD 90000.00 150000.00 YEAR
Job Description & How to Apply Below

Mortgage Loan Originator Job Description

Job Title: Mortgage Loan Originator (100% Commission / Up to 70% Rev Share)

Location: Remote/Virginia

License

Required:

Active NMLS License in Virginia - We can sponsor those interested in getting into the mortgage business on a case-by-case basis for new licensure.

About Us At Dream House Virginia, we are a lean, aggressive mortgage broker built for originators who want to win their local market. Because we keep our overhead low, we pass the margin directly to our MLOs and our clients. We average 237.5 bps with our primary lenders, and as a broker, we rarely lose on price. When you combine our rate sheet with our top-notch, localized customer service, your conversion rates will skyrocket.

The Compensation Structure (Revenue Share) We believe top producers deserve the lion’s share of the revenue. This is a 100% commission role with a transparent, tiered revenue-share model. Based on our average 237.5 bps gross margin, you can earn over 165 bps:

  • Tier 1 ($0 - $6MM Volume): 50% Revenue Share (avg. 118.75 bps)
  • Tier 2 ($6MM - $12MM Volume): 60% Revenue Share (avg. 142.50 bps)
  • Tier 3 ($12MM+ Volume): 70% Revenue Share (avg. 166.25 bps)

Note:

Tiers reset Annually.

What We Offer

  • Unbeatable Pricing: Stop losing deals to rate shoppers. Our broker pricing lets you compete with anyone.
  • Lean & Fast Operations: We aren't bogged down by corporate bureaucracy. We offer agile, top-tier customer service and fast clear-to-close times.
  • Freedom & Flexibility: Work how you want, when you want. You are the CEO of your own pipeline.
  • Lender Variety: Access to a wide array of loan products (Conventional, FHA, VA, USDA, Non-QM) to ensure you have a home for every borrower.

What We Are Looking For

  • Active NMLS License in Virginia
  • Proven Track Record: You must have an existing network of referral partners (Realtors, builders, CPAs) and a history of closing loans.
  • Self-Starter: This is a 100% commission role. We provide the pricing, processing, and the platform, but you drive your own origination.
  • Customer-Obsessed: We pride ourselves on white-glove service. You must be an elite communicator who treats borrowers right.
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