Experienced Loan Officer Salary

The average salary for an Experienced Loan Officer is $51,043 per year. A skill in Commercial Loans is associated with high pay for this job.

$34,369 - $115,247
$34K
$51K
$120K
MEDIAN: $51,043
10%
50%
90%

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$12.16 - $23.47
$12
$18
$23
MEDIAN: $18.48
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
$34,369 - $115,247  
   
Bonus
$488.16 - $15,514  
Profit Sharing
$0.00 - $9,967  
Commission
$613 - $148,994  
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).
)
$33,622 - $111,440  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 291
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
$12.16 - $23.47  
   
Overtime
$6.75 - $39.55  
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
$488.16 - $15,514  
   
Commission
$613 - $148,994  
Profit Sharing
$0.00 - $9,967  
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).
)
$33,622 - $111,440  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 108

Find Out Exactly What You Should Be Paid

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Key Stats for Loan Officer

Gender

Female
63 %
Male
37 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.
10-19 years
86%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Loan Officer Salaries

Commercial Loans
▲19%

Mortgage Loans
▲8%

Financial Analysis
▲7%

National Average
$49,000

Loan Underwriting
▼6%

Sales
▼6%

Customer Relationship Management (CRM)
▼7%

Consumer Loans
▼10%

Loan Processing
▼10%

bill collections
▼10%

Customer Service
▼11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
63 %
Male
37 %

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 62%
vision benefits
Vision: 53%
dental benefits
None: 14%
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