A mortgage loan officer position can offer you a fulfilling career with good pay in the mortgage industry. A loan officer in the United States earns, on average, about $50,000 a year. Some earn commission on top of that. You can become a mortgage loan officer by earning a bachelor’s degree, taking required classes, and passing a test to get your license.

The exact requirements to become a mortgage broker vary by state but the basics are the same. You need a high school diploma, take pre-licensure classes administered by the NMLS, pass the NMLS test, and register their business in your state. There’s also the matter of paying the surety bond, which also varies by state. Here’s a step-by-step guide about how to become a mortgage broker.