Lending Officer Salary

A Lending Officer earns an average salary of $63,871 per year. Experience strongly influences pay for this job.

$30,913 - $126,045
$31K
$64K
$130K
MEDIAN: $63,871
10%
50%
90%

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$13.02 - $24.19
$13
$16
$24
MEDIAN: $16.48
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$50K$100K$150K
Salary
$30,913 - $126,045  
   
Bonus
$394.53 - $59,598  
Profit Sharing
$3,500  
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).
)
$29,662 - $122,466  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 23
© PayScale, Inc. @ www.payscale.com
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$25$50$75
Hourly Rate
$13.02 - $24.19  
   
Overtime
$30.00  
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$50K$100K$150K
Bonus
$394.53 - $59,598  
   
Profit Sharing
$3,500  
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).
)
$29,662 - $122,466  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 12
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Lending Officer

  • Track and maintain credit and loan data.
  • Work directly with clients to review agreements, explain programs, and negotiate loans and terms.
  • Obtain and compile financial information to evaluate loan applications and their risk.
  • Generate new clients and referrals through strong relationship building.

Loan Officer Job Listings

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Pay by Experience Level for Lending Officer

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

Related Job Salaries

Key Stats for Lending Officer

Gender

Female
53 %
Male
47 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
14%
1-4 years
29%
5-9 years
17%
10-19 years
20%
20 years or more
20%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Lending Officer Salaries

Late-Career
▲141%

Experienced
▲31%

National Average
$50,000

Mid-Career
▼10%

Entry-Level
▼27%

Job Satisfaction

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

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
14%
1-4 years
29%
5-9 years
17%
10-19 years
20%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 85%
vision benefits
Vision: 74%
dental benefits
None: 7%
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