Get a Salary Report for



- Compare Your Salary
- Evaluate a Job Offer


- Price a New Hire
- Give a Raise



- Benchmark Jobs
- Create a Comp Plan

Assistant Loan Officer Salary (United States)

The average pay for an Assistant Loan Officer is $34,452 per year. People in this job generally don't have more than 20 years' experience.
Assistant Loan Officer Salary (?
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.
)
$24,726 - $48,864
(Median)
25K
30K
34K
40K
49K
MEDIAN: $34,452
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
Assistant Loan Officer Salary (?
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.
)
$9.68 - $18.92
(Median)
9
11
14
16
19
MEDIAN: $13.00
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

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.
)
$0$18K$36K$54K
Salary
$24,726 - $48,864  
   
Bonus
$0.00 - $14,318  
Profit Sharing
$500 - $5,189  
Commission
$0.00 - $26,000  
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).
)
$22,923 - $51,372  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 259
National Hourly Rate 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.
)
$0$9$18$27
Hourly Rate
$9.68 - $18.92  
   
Overtime
$14.69 - $25.36  
National Annualized 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.
)
$0$18K$36K$54K
Bonus
$0.00 - $14,318  
   
Commission
$0.00 - $26,000  
Profit Sharing
$500 - $5,189  
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).
)
$22,923 - $51,372  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 148
Is Assistant Loan Officer your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

Job Description for Assistant Loan Officer

Assistant loan officers are in charge of reviewing loan applications and completing administrative tasks for their organization. They are responsible for checking important loan details and requirements before submitting all documentation to the lender. They also prepare cost estimates for borrowers, provide all necessary information to relevant parties, answer client inquiries, and redirect questions to the appropriate departments.
Read More...
Assistant Loan Officer Tasks
  • Review, identify, and resolve problems with loan applications.
  • Facilitate the application process by initiating pre-qualification inquiry calls and reviewing resulting data with the loan officer.
  • Approve, deny, and review loan recommendations.
  • Assist in managing a loan portfolio with regard to credit quality and administration, and portfolio performance.
  • Coordinate and manage marketing to current clients and potential customers.

Common Career Paths for Assistant Loan Officer

Add this chart to your site:   640px 640px    300px 300px   Copy and paste this HTML:

Assistant Loan Officer Job Listings

Search for more jobs:
job title / company
location

Pay by Experience Level for Assistant Loan Officer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

St. Louis
up arrow 22%
Seattle
up arrow 9%
Charlotte
up arrow 6%
Houston
up arrow 4%
National Average
$35,000
San Diego
up arrow 3%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Assistant Loan Officer Salaries

Late-Career
up arrow 28%
Experienced
up arrow 19%
Mid-Career
up arrow 6%
National Average
$35,000
Entry-Level
up arrow 8%

Skills That Affect Assistant Loan Officer Salaries

Customer Relationship Management (CRM)
up arrow 9%
Mortgage Loans
up arrow 1%
National Average
$35,000
Loan Documents
up arrow 7%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 79 votes.

Gender

Female
81%
female alumni
 
Male
19%
male alumni

Years of Experience

Less than 1 year
12%
1-4 years
49%
5-9 years
19%
10-19 years
16%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 63%
vision benefits Vision: 49% employee benefits None: 20%