NLIC.org

Travis Said:

A loan officer who work for a mortgage broker license under Department or Corporations in California can be in

We Answered:

depends on how you're compensated. 1099 is reserved for commission only employees or contract employees. were you to receive a salary then you would be an employee. did you fill out a W-2 or W-4 when you started there? W-2 is salaried employee and a W-4 is an employee who is paid on a commission only scale. check your HR and see if either or is possible. shouldn't realy matter but in your case I'd go with 1099 (if they pay good commissions though)