Methods and systems for providing a dynamic and real time load factor that can be shared with other network elements is disclosed. The load factor can be used in determining the relative load among a set of network elements and in distributing new sessions requests as well as existing session on the set of network elements. The load factor can also be used for determining to which network element a user equipment is handed off. The dynamic load factor can also be shared amongst network elements to determine how the load is balanced among the network elements, such as a mobility management entity (MME).