Loan Officer Salary

Updated: 26 May 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$38,078 - AU$56,515  
   
BonusAU$0.00 - AU$14,899  
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$38,453 - AU$61,209  
PayScale
Country: Australia | Currency: AUD | Updated: 26 May 2012 | Individuals Reporting: 52
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Companies and Industries for Loan Officer Salaries

Popular Industries

Salary Range

Mortgage Lending / Loans / Credit ProductsAU$33,657 - AU$53,055
BankingAU$36,875 - AU$55,557
Financial ServicesAU$35,708 - AU$55,189
Insurance & Financial ServicesAU$36,206 - AU$55,516
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Salary Range

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key statistics
Key Statistics for Loan Officer Salaries and Jobs

Gender
Female
57%
female alumni
 
Male
43%
male alumni
Salary:AU$43,146 - AU$53,301 AU$38,413 - AU$48,188
Years of Experience
Less than 1 year
4%
1-4 years
58%
5-9 years
21%
10-19 years
13%
20 years or more
4%
Top Degrees

Salary Range

Bachelor's DegreeAU$39,677 - AU$54,512
Bachelor of Commerce (BCom), Accounting & FinanceNot enough data
Master of Business Administration (MBA)Not enough data
Most Common Health Benefits
medical benefits Medical: 13% dental benefits Dental: 3%
vision benefits Vision: 3% employee benefits None: 87%

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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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