Ready for a Career Change? Why Mortgage Licensing Works in Your 30s, 40s, and Beyond

Discover a New Career Path with Mortgage Licensing

If you're in your 30s, 40s, or even 50s and considering a career switch, you might wonder: Is it too late to become a mortgage loan officer (MLO)? In fact, you're in a perfect position to succeed. Many professionals are turning to mortgage licensing as a second career due to its flexibility, income potential, and accessibility.

At Aceable Mortgage, we've helped thousands of career switchers transition into mortgage lending with confidence. Let’s explore why age is an asset, not a barrier.

Why Your Age and Experience Are Advantages

1. Life Experience Builds Trust

Clients often prefer working with professionals who understand the milestones they're facing. If you've bought a home, navigated major financial decisions, or raised a family, you bring invaluable real-world insight and empathy that younger MLOs might not have.

2. Career Stability with Flexibility

Mortgage licensing offers the ability to work full-time or part-time, on-site or remotely. It's ideal for:

• Parents re-entering the workforce
• Professionals burned out by rigid 9-to-5 roles
• Anyone seeking a better work-life balance

3. High Earning Potential

According to the Bureau of Labor Statistics, the median pay for loan officers is $74,180 per year, with top earners making six figures. Your income grows as your network and experience expand.

4. No Finance Background Needed

Mortgage licensing doesn’t require a degree in finance. With Aceable’s courses, you can gain the knowledge and credentials to start your career from scratch.

How to Get Licensed as a Mortgage Loan Officer

The path to becoming a licensed MLO is straightforward:

1. Complete Pre-Licensing Education
   • 20 hours of NMLS-approved coursework
   • Includes topics like federal law, ethics, non-traditional lending, and electives
2. Pass the SAFE MLO Test
   • 75% score required
3. Submit a Background and Credit Check
4. Apply for Your License Through NMLS
5. Meet State-Specific Requirements (varies by location)

Real Success: Stories from the Field

Carolyn G.: "Class was very worth taking. Instructor did an amazing job teaching during the class. Can really tell they knows what the industry is like, and made it easier to understand the material."

Samuel H: "This is the most well run professional mortgage licensing / continuing education provider I’ve ever dealt with. I have 30 years in the mortgage business."

FAQs for Career Switchers Considering Mortgage Licensing

Is this only for people with sales or finance backgrounds?

No. Many successful MLOs come from teaching, healthcare, hospitality, and retail.

Can I work part-time as an MLO?

Yes. Many licensed MLOs work flexible hours or operate as independent contractors.

Is mortgage licensing expensive?

No. Courses start around or under $300, making it a low-cost investment for a high-return career.

Summary: It’s Never Too Late to Reinvent Your Career

Mortgage licensing is more than a job change; it’s a lifestyle upgrade. With high earning potential, career flexibility, and a short licensing process, this career path is ideal for those in their 30s and beyond.

Don’t wait. Your mortgage career starts today. Explore Aceable’s programs and get licensed.