Become a Loan Officer

AMAZING COMPENSATION

W2 Compensation: You will receive 90% of the commission on every closed transaction after deducting a flat fee of $995. Please note that you are responsible for paying all applicable payroll taxes.

1099 Compensation: You will receive 100% commission on every closed transaction. BluEleven charges a flat fee of $995 per loan, regardless of the loan amount.

Bonus: See Attached Bonus Referral Plan.

See Details

$295 Value

BluEleven Custom POS, CRM technology at your finger tips: 

  1. FREE CRM¹
  2. FREE POS
  3. FREE Voice Message Drop
  4. Direct Mail Campaign²
  5. FREE Email Campaign 

To qualify for a Free CRM & POS you are required to close a min of 2 loans per month. Direct mail campaign is provided at a discounted pricing. 

Getting Licensed
Onboarding Process

Additional Income Opportunities

We constantly strive to provide our team with revenue generating opportunities to enhance your marketing budget

Real Estate Transactions

We love helping you represent your buyer or seller and have the knowledge to back you up every step of the day. 

Concierge Rentals

Whether Short-term or long, we are here to help you manage your clients properties. 

Staging Finance

Do you have a listing that needs stagging? We are here to help you make the house a home before you list it. 

Commercial

Whether Multi-family or small ticket commercial we are here to help you take your business to new hights.

ME NY PA VA WV AL GA FL KY TN MS SC NC MN WI MI IL IN OH TX NM OK AR LA NE IA KS MO ND SD MT WY UT CO CA NV AZ AK ID OR WA

BluEleven is currently licensed in:

  • Arizona
  • California
  • Colorado
  • Hawaii
  • Texas

25 states coming in 2025!

Additionally, you can conduct Business Purpose and commercial loans in 42 other states.

Tell us which state interest you most and we will open the door for you.

Direct Mail Collaboration

Drip Voice Mail Campaign

Drip Email
Campaign

Podcast

Training Videos

Branding

Jessica Williams
San Diego
Awesome Team
☆ ☆ ☆ ☆ ☆

Isahi and the whole team at BluEleven Mortgage are amazing! We have used them twice now, once for a purchase and again for a refi. I let Isahi know what I would like to do and she quickly lets me know what my best options are. She is knowledgeable, a great communicator and works quickly to get things done (all of my favorite qualities). I will absolutely use them again in the future.

7 Days Ago
Philip Johnson
North Shore Kauai
Simply The Best
☆ ☆ ☆ ☆ ☆

Mike & Isahi did a great job getting my loan done very quickly without any issues. Great job with organization and execution! I would recommend them highly!

01/15/2025
Mark WilsonDanielle Woodburn
Los Angeles
Easy To Use
☆ ☆ ☆ ☆ ☆

My partner and I just bought a place in LA and had the best experience with BluEleven. Day or night, Isahi was always available and very attentive during the whole process. Overall had a smooth experience and would highly recommend working with her!

1 Month Ago
Max R
Santa Ana Hights
Creative
☆ ☆ ☆ ☆ ☆

BluEleven got me an amazing rate, and I did a LOT of checking around. The team was great to work with and they put up with all of my difficult quirks. Thank you!!!

1 Month Ago
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Compensation Details

As a W-2 Loan Officer, BluEleven agrees to pay Employee on a W-2 “Commission Only” basis.  This W-2 commission shall be based on commissionable receipts earned pursuant to your loan officer Agreement. you are not required to be in the office and can choose your own work hours.

As an Independent Loan Officer, you are not required to be in the office and can choose your own work hours.

There will be a one-time startup fee of $100 to cover expenses such as Background check, business cards, set up your own website (www.yourname.com), company email, NMLS sponsorship, and Microsoft Office products such as (Word, Excel, Power Point, etc.) for Work.

You are responsible for all application fees for all states you want to be licensed in.

You will receive 1099 compensation for most states. Certain states will require you to be W-2.  Due to compliance and simplicity, no Loan Officer can get paid both W-2 and 1099.

1099 compensation: you will get 100% commission on every closed transaction. BluEleven will charge a flat fee of $995 ($495 if correspondent loans) and a $795 processing fee, regardless of the loan amount.

W2 compensation: you will receive 90% of the commission on every closed transaction. The split is after deducting a flat fee of $995 ($495 if correspondent loans) and a $795 processing fee. Please note that you still have to pay all applicable payroll taxes yourself.

Based on your previous 12 months average closings of (2 loans per month or 24 loans per year), BluEleven will provide and cover the cost of BluEleven’s proprietary system – AI integration, Point of Sale “POS”, Customer relationship management “CRM” & Loan Origination System “LOS” system.  

For the first 3 transactions, a BRAND-NEW Loan Officer (no matter if you are 1099 or W2) will earn 80% of the broker’s compensation on every closed transaction. The split is after deducting a flat fee of $995 ($495 if correspondent loans) and a $795 processing fee. You are not a BRAND-NEW Loan Officer if you close at least 7 loans in the past 12 months or at least 10 loans since 2023.

Get Started

Getting Your License

Step 1:  Create a FREE Account: Sign up for your Individual Account in NMLS.org to obtain your NMLS Individual number. NMLS Resource Center

Step 2:  Take the required 20-hour course: Sign up to take the online 20-hour pre-license education course.

Step 3:   Schedule and pass your Safe Test.

Step 4:   Apply for your NMLS license:

Submit your payment and MU4 application through NMLS.

Clear a credit check and background check to qualify.

Onboarding Process

Step 1   Introductory call with our recruiting team and/or our senior management to see if BluEleven is the right fit for  you and vice versa. 

Step 2   Complete the Online Employment Application and provide  all supporting documents and wait for the background check to be completed by BluEleven HR Dept. (48 hrs)

Step 3     Request Sponsorship through www.NMLS.org

Step 4    BluEleven will provide you with all your credentials (LOS, CRM, POS, Credit) as well as your desired list of investors

Step 4    Training on all systems and Process prefer for you to close any loans in underwriting status with your current company while you may get permission to transfer files that are in the early stage of processing. 

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Who Should Become a Loan Officer and Why?

Insurance Agents

Insurance agents already have a strong client base seeking financial security. By becoming a loan officer, they can offer mortgage solutions alongside insurance products, creating more value for clients and increasing their earnings through commission-based loan closings. Their expertise in risk assessment and financial planning makes them well-suited for this role.

Realtors

Realtors thrive on home sales and adding mortgage origination to their services can provide a seamless experience for clients. By becoming a loan officer, they gain control over the financing process, reduce deal fallout, and unlock an additional revenue stream. This dual role strengthens client relationships and enhances their ability to close transactions faster.

Wealth Management Advisors

Wealth advisors guide clients on financial growth and stability, making mortgage lending a natural extension of their expertise. By offering tailored financing solutions, they help clients leverage assets, optimize debt, and structure real estate investments wisely. This not only strengthens client trust but also diversifies their service offerings, increasing long-term revenue potential.

Get Started

Access to the best Mortgage Technology

FREE Microsoft Office

Access to all Microsoft products, Emails, Word, Excel, Power Point, etc…

FREE POS

One of the BEST Point Of Sale Products in the Market to capture and manage your activities 

FREE CRM

Never let another lead go to the waste side. Manage your clients expectations with the best CRM in the mortgage industry

FREE LOS

From Origination to Disclosures, Closing Docs to Servicing Meridian Link is one of the best LOS systems in the industry

PROGRAMS FOR EVERY NEED

DSCR

Debt Service Coverage Ratio

  • Loans up to $4,000,000
  • Investment properties
  • No Employment
  • No Income
  • .75 DSCR on Purchase
  • First time investors

Self-employed Program

  • Loans up to $4,000,000
  • Investment properties
  • No Employment
  • No Income
  • .75 DSCR on Purchase
  • First time investors

Jumbo

  • Up to $4,000,000.00
  • 12 Months Bank Statement
  • CPA letter with 2 months bank Statement
  • Previous years 1099 & YTD Bank Statement

Asset Utilization

  • Loans up to $5MM
  • 660 min FICO
  • 20% down payment
  • DTI & NO DTI options
  • Interest Only options

Private 2nd Mortgage

  • Loans up to $1,000,000
  • Min loan $75,000.00
  • Investment or 2nd Homes
  • 12 Months Bank Statements
  • 680 min FICO

Multi Family 5-9 Units

  • Loans up to $2MM
  • 680 min FICO
  • 25% down payment
  • Vest in LLC or Corporation
  • Interest Only options
  • Up to 3% seller concessions allowed towards closing.
Bridge (Short-Term)
  • Loans up to $4,000,000
  • Investment properties
  • No Employment
  • No Income
  • .75 DSCR on Purchase
  • First time investors

Condotel

  • Loans up to $4,000,000
  • Investment properties
  • No Employment
  • No Income
  • .75 DSCR on Purchase
  • First time investors

Additional Programs

  • Conventional 
  • Jumbo
  • Seconds & HELOC
  • FHA 
  • VA
  • Reverse

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