diff --git a/.changeset/fast-sheep-melt.md b/.changeset/fast-sheep-melt.md
new file mode 100644
index 00000000000..c07cc4027ed
--- /dev/null
+++ b/.changeset/fast-sheep-melt.md
@@ -0,0 +1,5 @@
+---
+'@module-federation/runtime': patch
+---
+
+onLoad hook will allow you to return a custom module factory or proxy
diff --git a/packages/runtime/src/core.ts b/packages/runtime/src/core.ts
index 27e340a1b4f..2e2b7d666e7 100644
--- a/packages/runtime/src/core.ts
+++ b/packages/runtime/src/core.ts
@@ -571,7 +571,7 @@ export class FederationHost {
       const { pkgNameOrAlias, remote, expose, id: idRes } = remoteMatchInfo;
       const moduleOrFactory = (await module.get(expose, options)) as T;
 
-      await this.hooks.lifecycle.onLoad.emit({
+      const moduleWrapper = await this.hooks.lifecycle.onLoad.emit({
         id: idRes,
         pkgNameOrAlias,
         expose,
@@ -583,6 +583,10 @@ export class FederationHost {
         origin: this,
       });
 
+      if (typeof moduleWrapper === 'function') {
+        return moduleWrapper as T;
+      }
+
       return moduleOrFactory;
     } catch (error) {
       const { from = 'runtime' } = options || { from: 'runtime' };