Although the income range can vary greatly based on the type of company for which an individual originates mortgage loans and their various compensation structures, it is realistic for a competent and diligent mortgage loan originator to earn well over $100,000 annually. First-year income expectations, however, would range anywhere from $20,000 – $50,000 as the new loan originator establishes him or herself, forges a mutually-rewarding network of referral sources, builds a pipeline, and establishes his or her professional reputation.