Salary for Loan Officer Jobs

Updated: 2 Feb 2012
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National Salary Data

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
AU$0AU$21KAU$42KAU$63K
SalaryAU$37,388 - AU$58,900  
   
BonusAU$0.00 - AU$19,540  
Profit Sharingn/a
Not enough data
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
AU$37,552 - AU$61,978  
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Country: Australia | Currency: AUD | Updated: 2 Feb 2012 | Individuals Reporting: 55
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Companies and Industries for Loan Officer Jobs

Popular Industries

Salary Range

Mortgage Lending / Loans / Credit ProductsAU$32,598 - AU$58,451
Financial ServicesAU$34,124 - AU$60,076
BankingAU$33,923 - AU$60,947
Insurance & Financial ServicesAU$34,632 - AU$60,115
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Salary Range

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key statistics
Key Statistics for Loan Officer Jobs

Gender
Female
54%
female alumni
 
Male
46%
male alumni
Salary:AU$41,919 - AU$52,687 AU$38,931 - AU$58,421
Years of Experience
Less than 1 year
4%
1-4 years
62%
5-9 years
16%
10-19 years
15%
20 years or more
4%
Top Degrees

Salary Range

Bachelor's DegreeAU$39,381 - AU$55,107
Master of Business Administration (MBA)Not enough data
Most Common Health Benefits
medical benefits Medical: 12% dental benefits Dental: 2%
vision benefits Vision: 2% employee benefits None: 88%

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Salary Map for Loan Officer Jobs

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sample job description
Loan Officer Job Description

People with the job title Loan Officer typically fall into one of the following PayScale standard occupations.

Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

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