How Much Does The Average Loan Officer Make Is Average Loan Officer Salary your job title Find out what you should be paid Use our tool to get a personalized report on your market worth What s this Location United States change
The average salary for a mortgage loan originator is 169 896 per year in the United States and 11 750 commission per year 6 9k salaries reported updated at November 29 2023 Is this useful Maybe Salaries by years of experience in the United States View job openings with the years of experience that is relevant to you on Indeed View jobs How much does a Loan Officer make Updated Dec 5 2023 Experience All years of Experience All years of Experience 0 1 Years 1 3 Years 4 6 Years 7 9 Years 10 14 Years 15 Years Industry All industries All industries Legal Aerospace Defense Agriculture Arts Entertainment Recreation Pharmaceutical Biotechnology Management Consulting
How Much Does The Average Loan Officer Make
How Much Does The Average Loan Officer Make
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The median annual wage for a loan officer in 2020 is 63 960 The lowest 10 of wage earners in this field earn a yearly salary of just under 32 820 but earners in the top 10 earn an average We ve identified 12 states where the typical salary for a Loan Officer job is above the national average Topping the list is New York with Pennsylvania and New Hampshire close behind in second and third New Hampshire beats the national average by 6 4 and New York furthers that trend with another 13 214 18 8 above the 70 335
How much does a Mortgage Loan Officer make Updated Dec 7 2023 Experience All years of Experience All years of Experience 0 1 Years 1 3 Years 4 6 Years 7 9 Years 10 14 Years 15 Years Industry All industries All industries Legal Aerospace Defense Agriculture Arts Entertainment Recreation Pharmaceutical Biotechnology Management Consulting What is a Loan Officer Median Salary 63 380 Unemployment Rate 1 3 Number of Jobs 12 600 Loan officers advise authorize and recommend loan approval for individuals and businesses
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How Much Does a Loan Officer Make Loan Officers made a median salary of 63 380 in 2021 The best paid 25 made 98 130 that year while the lowest paid 25 made 47 490 How much does a Mortgage Loan Officer I make in the United States The average Mortgage Loan Officer I salary in the United States is 48 400 as of October 25 2023 but the range typically falls between 41 220 and 56 692
The national average annual wage of a loan officer is 80 570 according to the BLS over 20 000 more than the average annual salary for all occupations 58 260 The average loan The average salary for a Loan Officer is 45 817 per year or 22 per hour in United States Find out the average a salary by state years of experience and field How much does a loan officer make The average loan officer salary in the United States is 45 817 Loan officer salaries typically range between 30 000 and 69 000 yearly
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How Much Does The Average Loan Officer Make - Average commission 24 000 per year Related Learn About Being a Loan Officer Loan officer average salary Many loan officers are paid a salary or hourly rate and others earn commissions and incentives on top of a lower base salary