"Loan officers are staying put because stability matters more than ever. Most are prioritizing consistent deal flow, strong support and trusted referral networks over chasing marginal comp differences."
"The decline in mobility has persisted even as the market stabilizes, suggesting the slowdown is not purely a function of fewer originators but reflects broader structural factors."
"Despite retention efforts by top lenders, lower mobility does not necessarily signal higher satisfaction. Performance data on loan officer movers adds additional context."
In 2023, 24% of loan officers switched companies, but this mobility rate decreased to 21.2% in 2024 and 20.6% in 2025. The decline in mobility reflects broader structural factors rather than just fewer originators. Loan officers prioritize stability, consistent deal flow, and strong support networks. Compensation compression has made platforms appear similar, reducing the incentive to switch. Despite lower mobility, performance data shows that those who switched companies experienced increased loan volumes and counts, aligning with overall market trends of rising mortgage volume.
Read at www.housingwire.com
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