An Assistant Loan Officer with Mortgage Loans skills earns an average salary of $37,431 per year. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay. Most people move on to other jobs if they have more than 20 years' experience in this field.

$28,527 - $49,618
(Median)
$29K
$37K
$50K
MEDIAN: $37,430
10%
50%
90%

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$11.09 - $20.72
(Median)
$11
$15
$21
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Salary
$28,527 - $49,618  
   
Bonus
$1,033 - $19,797  
Profit Sharing
$2,750  
Commission
$4,848 - $20,781  
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).
)
$27,972 - $58,970  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 93
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$11.09 - $20.72  
   
Overtime
$17.45 - $30.04  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$1,033 - $19,797  
   
Commission
$4,848 - $20,781  
Profit Sharing
$2,750  
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).
)
$27,972 - $58,970  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 73
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Pay by Experience Level for Assistant Loan Officer

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

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Experience Affects Assistant Loan Officer Salaries

Mid-Career
up arrow 13%

Late-Career
up arrow 13%

Experienced
up arrow 9%

National Average
$41,000

Entry-Level
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
3%
1-4 years
49%
5-9 years
17%
10-19 years
24%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 65%
medical benefits
Vision: 56%
dental benefits
None: 24%
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