What does a Housing Officer do?

Mortgage bankers are loan officers at a bank with a specialty in mortgage products. They work with the products based out of their employer and assist customers in applying for mortgages and refinances. They help the banks where they work attract new mortgage customers and to help the bank’s customers navigate the variety of mortgage products being offered. They serve as the point person for the applicant starting with their application and through closing.

Mortgage bankers must comply with all state and federal regulations. They attract new clients and customers through meetings and homebuyer seminars and assist customers with determining which type of mortgage meets their needs and which mortgage products they are likely to receive approval for. Mortgage bankers collect the necessary credit reports and financial information from the applicant and submit a completed package to underwriters for review. Mortgage bankers must have graduated from an accredited school with an associate's degree. They must possess a three-year proven track record in closing sales and one year of professional service in the financial industry. They must be fluent in financial and technical terms and conditions for mortgage loans.

Education--
Work/Life Balance
3.2 ★
Salary Range--
Career Opportunity
3.6 ★
Avg. Experience2-4 years

Housing Officer Salaries

Average Base Pay

£28,374 /yr
Same as national average
Not including cash compensation
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£23K
Median: £28K
£36K
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Glassdoor Estimated Salary

Housing Officer Career Path

Learn how to become a Housing Officer, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Housing Officer Insights

Read what Housing Officer professionals have to say about their job experiences and view top companies for this career.
Rocket CompaniesRocket Companies
Mortgage Banker (MLO)
1 Aug 2021

“Compensation is good but sometimes you don't meet your goals so is not the most stable.”

Andrews Property GroupAndrews Property Group
Mortgage Advisor
16 Apr 2021

“I joined because of our unique charitable ownership and its great to see a property group giving back to projects home and abroad.”

Network CapitalNetwork Capital
Mortgage Banker
18 Feb 2021

“I can keep my promises to clients on turn times and the best pricing in the industry.”

HSBCHSBC
Mortgage Advisor
15 Feb 2021

“Good sick pay and share save”

London & Country MortgagesLondon & Country Mortgages
Mortgage Adviser
13 Mar 2020

“For both roles I have had very good training courses that have helped me prepare for the job.”

Rocket CompaniesRocket Companies
Mortgage Banker
3 Apr 2021

“If you want to make good money as a banker you WILL work 14 hour days.”

Fluent MoneyFluent Money
Mortgage Advisor
5 Nov 2021

“I would go as far as saying this is the best place I have ever worked.”

DMBCDMBC
Housing Officer
13 Apr 2021

“The training is really good and there are loads of opportunities for career progression.”

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Housing Officer Interviews

Related Careers

Loan Officer
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Credit Analyst
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Underwriter
£34,665
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Housing Officer jobs