Is a team split legal under the CFPB LO Comp Rule?

Team-based comp is common and can be compliant — but it must not vary based on the terms of the transaction (other than loan amount) and must be documented in the team's comp plan.

Can I bring my leads with me if I leave a team?

Read your team agreement carefully. Many teams claim ownership of leads generated by the team's marketing. Personal SOI and referral partners you had before joining are usually yours.

How long should I stay on a team?

Common patterns are 2–3 years — long enough to learn the trade, build a personal book, and evaluate whether the team's economics still make sense at your production level.

Join an LO Team vs Solo Loan Officer (Career Comparison)

Compare joining an established mortgage loan officer team vs building your book solo — comp splits, leads, mentorship, autonomy, and long-term equity in your pipeline.