Assistant Loan Officer Salary (United States)

An Assistant Loan Officer earns an average salary of $34,086 per year. A skill in Customer Relationship Management (CRM) is associated with high pay for this job. People in this job generally don't have more than 20 years' experience.
Assistant Loan Officer Total Pay (?
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.
)
$24,495 - $48,712
(Median)
24K
29K
34K
40K
49K
MEDIAN: $34,086
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
Assistant Loan Officer Total Pay (?
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.
)
$9.67 - $18.55
(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
$24,495 - $48,712  
   
Bonus
$0.00 - $14,376  
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).
)
$22,819 - $51,014  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 414
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
$9.67 - $18.55  
   
Overtime
$14.63 - $24.88  
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 - $14,376  
   
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).
)
$22,819 - $51,014  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 414
Is Assistant Loan Officer your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

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

Seattle
up arrow 10%
Charlotte
up arrow 7%
National Average
$34,000
San Diego
up arrow 7%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Assistant Loan Officer Salaries

Late-Career
up arrow 26%
Experienced
up arrow 19%
Mid-Career
up arrow 7%
National Average
$34,000
Entry-Level
up arrow 7%

Skills That Affect Assistant Loan Officer Salaries

Customer Relationship Management (CRM)
up arrow 10%
Mortgage Loans
up arrow 2%
National Average
$34,000
Loan Documents
up arrow 6%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 80 votes.

Gender

Female
80%
female alumni
 
Male
20%
male alumni

Years of Experience

Less than 1 year
12%
1-4 years
50%
5-9 years
17%
10-19 years
16%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 64%
vision benefits Vision: 49% employee benefits None: 19%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -