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. )	C$0	C$18K	C$36K	C$54K
Salary	C$28,763 - C$49,585
Bonus	C$365.33 - C$4,027
Profit Sharing	n/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). )	C$27,508 - C$52,335
Country: Canada \| Currency: CAD \| Updated: 26 May 2012 \| Individuals Reporting: 82

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Job Listings for Loan Officer Jobs

Posted	Job Title	Company	Job Location
Jan 16	mortgage loans officer	VISTA IMMOBILIER INC.
	Avec ou sans expérience dans le domaine de l’immobilier, la personne recherchée devra travailler avec des clients vendeurs et acheteurs. Un suivi sur le service... Indeed
Jan 12	Loans Officer Trainee	SASKATCHEWAN INDIAN EQUITY FOUNDATION INC.	Saskatoon, Saskatchewan
	loan documentation - Interview applicants for loans... ability to repay loan - Review and update credit and loan files - Submit credit and loan applications to... Indeed
Jan 06	Loans Officer II	Spectra Credit Union	Saskatchewan
	Complete credit and loan documentation - Interview applicants for loans - Promote sale of credit and loan services - Review and update credit and loan files Indeed
Jan 12	mortgage loans officer	ADECCO SERVICES DE RESSOURCES HUMAINES LTÉE	Laval, Québec
	Vous avez besoin de nouveaux défis? Ce poste pourrait être le vôtre! Nous sommes à la recherche d'un adjoint aux prêts hypothécaires pour soutenir les... Indeed

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Companies and Industries for Loan Officer Salaries

Popular Employers

Salary Range


Canadian Imperial Bank of Commerce (CIBC)	C$32,075 - C$38,750
Community Credit Union	Not enough data

Popular Industries

Salary Range


Banking	C$32,428 - C$50,429
Mortgage Lending / Loans / Credit Products	C$32,913 - C$49,820
Financial Services	C$32,814 - C$52,087
Credit Union	C$32,437 - C$51,559
Investment Banking / Brokerage	C$33,347 - C$53,066

Key Statistics for Loan Officer Salaries and Jobs

Gender

	Female 59%			Male 41%
Salary:	C$36,635 - C$43,419			C$27,921 - C$40,891

Years of Experience

Less than 1 year

1-4 years

57%

5-9 years

21%

10-19 years

11%

20 years or more

Top Degrees

Salary Range


Bachelor's Degree	C$21,010 - C$47,414
Bachelor of Arts (BA), Economics	Not enough data
Bachelor of Business Administration (BBA), Finance	Not enough data
Master of Business Administration (MBA), Finance	Not enough data
Associate's Degree	Not enough data

See more degrees

Most Common Health Benefits

	Medical: 87%		Dental: 83%
	Vision: 67%		None: 11%

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Career Path for Loan Officer Jobs

Common Past Jobs

Common Future Jobs

Loan Officer

Salary Range

C$27,508 - C$52,335

	Customer Service Representative (CSR) C$22,342 - C$44,266
	Bank Teller C$21,107 - C$34,683

Common Past Jobs

Common Future Jobs

Loan Officer

Salary Range

C$27,508 - C$52,335

	Branch Manager, Banking C$45,556 - C$94,331
	Account Manager C$34,744 - C$79,233

Use GigZig to view more salary ranges for common past and future jobs

Salary Map for Loan Officer Jobs

Highest Salaries By City for Loan Officer Jobs

Top Cities by Popularity for Loan Officer Jobs

Highest Salaries By City

Top Cities by Popularity

Highest Salaries By City

1. Calgary, Alberta

2. Toronto, Ontario

3. Winnipeg, Manitoba

4. Vancouver, British Columbia

Loan Officer Job Description

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

Credit Analysts

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.

Loan Officers

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.