Mid-Career Loan Officer Salary

Mid-Career Loan Officers take home an average $49K annually. Total cash compensation to Mid-Career Loan Officers approaches anywhere from $31K on the lower end to $82K on the higher end; in exceptional cases, this can include more than $20K from bonuses and upwards of $7K from profit sharing. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 54 percent. Job satisfaction for Mid-Career Loan Officers is high. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.

$32,505 - $79,346
$33K
$49K
$79K
MEDIAN: $49,292
10%
50%
90%

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$12.00 - $23.35
$12
$17
$23
MEDIAN: $16.95
10%
50%
90%

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$0$81K
Salary $32,505 - $79,346
Bonus $456.15 - $20,348
Profit Sharing $0.00 - $7,023
Commission $1,300 - $50,000
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).
)
$31,370 - $81,512
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 316
Hourly Data $0$34
Hourly Rate $12.00 - $23.35
Overtime $7.05 - $34.77
Annual Data $0$81K
Bonus $456.15 - $20,348
Commission $1,300 - $50,000
Profit Sharing $0.00 - $7,023
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).
)
$31,370 - $81,512
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 124

Find Out Exactly What You Should Be Paid

United States (change)

Loan Officer Job Listings

Key Stats for Loan Officer

Gender

Female
54 %
Male
46 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 60 votes.
5-9 years
71%
10-19 years
29%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Loan Officer Salaries

Commercial Loans
▲24%

Financial Analysis
▲6%

Mortgage Loans
▲2%

National Average
$48,000

Customer Relationship Management (CRM)
▼3%

Loan Underwriting
▼7%

Sales
▼9%

Consumer Loans
▼12%

Loan Processing
▼15%

Customer Service
▼16%

bill collections
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 60 votes.

Gender

Female
54 %
Male
46 %

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 72%
vision benefits
Vision: 58%
no benefits
None: 10%
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