A Late-Career Loan Officer earns an average salary of $54,337 per year. Skills that are associated with high pay for this job are Financial Analysis, Commercial Loans, and Mortgage Loans.

$36,027 - $109,498
(Median)
$36K
$54K
$110K
MEDIAN: $54,337
10%
50%
90%

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$10.58 - $23.27
(Median)
$11
$18
$23
MEDIAN: $17.00
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$50K$100K$150K
Salary
$36,027 - $109,498  
   
Bonus
$1,458 - $14,000  
Profit Sharing
$-0.50 - $13,906  
Commission
$50,868  
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).
)
$35,168 - $107,500  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 124
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
$10.58 - $23.27  
   
Overtime
$30.50  
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
$1,458 - $14,000  
   
Commission
$50,868  
Profit Sharing
$-0.50 - $13,906  
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).
)
$35,168 - $107,500  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 27
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Skills That Affect Loan Officer Salaries

Financial Analysis
up arrow 56%

Commercial Loans
up arrow 46%

Mortgage Loans
up arrow 15%

Customer Relationship Management (CRM)
up arrow 3%

National Average
$52,000

Loan Underwriting
up arrow 3%

Consumer Loans
up arrow 11%

Customer Service
up arrow 11%

Loan Processing
up arrow 13%

Sales
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.

Gender

Female
56 %
Male
44 %

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 62%
medical benefits
Vision: 52%
dental benefits
None: 12%
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