The average salary for a Loan Officer is $46,194. Visit PayScale to research loan officer salaries by city, experience, skill, employer and more.
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As of Sep 27, 2019, the average annual pay for a Mortgage Loan Officer Assistant in the United States is $36,060 a year. While ZipRecruiter is seeing annual salaries as high as $55,500 and as low as $22,500, the majority of Mortgage Loan Officer Assistant salaries currently range between $29,500 (25th percentile) to $42,000 (75th percentile) across the United States.
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2019-09-16 · The average salary for a Mortgage Loan Officer is $46,391. Visit PayScale to research mortgage loan officer salaries by city, experience, skill, employer and more.
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Interested in becoming a Mortgage Loan Officer? We provide all the information you need to start your career and earn your Loan Officer License
Loan Officer vs. Loan Officer Assistant. When thinking about salary, it’s important to know what the expected job duties of the position are. For a loan officer assistant, most of their daily tasks involve making sure the loan officer, customer, and lender all have what they need for the loan to proceed.
As a Loan Officer, you don’t have to go to showings, closings or even meet your clients in person. If you need to close 6, $250k deals each month, that’s only 72 transactions a year. Trust me, there are way more than 72 homes over $250k in your state that sell each month, let alone each year.
A Loan Officer is typically paid an average salary of around $64,500 annually. Loan officers working for car dealerships make much more than this annual salary and loan officers working for other organizations. While entry-level salaries sit below the national average, they increase the more experience a loan officer gets.
Loan Officer average salary is $52,595, median salary is $48,000 with a salary range from $26,780 to $102,900. Loan Officer salaries are collected from government agencies and companies. Each salary is associated with a real job position. Loan Officer salary statistics is not exclusive and is for reference only.
The average pay range for a Mortgage Loan Officer varies modestly (up to $68,500), which suggests there may be fewer opportunities for advancement based on skill level, but increased pay based on location and years of experience is still possible.