Experienced Loan Officer Salary

The average salary for an Experienced Loan Officer is $49,290 per year. A skill in Commercial Loans is associated with high pay for this job.

$33,681 - $104,965
$34K
$49K
$100K
MEDIAN: $49,290
10%
50%
90%

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$12.08 - $23.17
$12
$18
$23
MEDIAN: $18.39
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
$33,681 - $104,965  
   
Bonus
$494.05 - $15,068  
Profit Sharing
$0.00 - $9,899  
Commission
$622 - $145,437  
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).
)
$33,504 - $112,666  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 299
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
$12.08 - $23.17  
   
Overtime
$1.53 - $39.74  
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
$494.05 - $15,068  
   
Commission
$622 - $145,437  
Profit Sharing
$0.00 - $9,899  
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).
)
$33,504 - $112,666  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 106

Find Out Exactly What You Should Be Paid

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Key Stats for Loan Officer

Gender

Female
64 %
Male
36 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 52 votes.
10-19 years
87%
20 years or more
13%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Loan Officer Salaries

Commercial Loans
▲21%

Mortgage Loans
▲6%

Financial Analysis
▲5%

National Average
$49,000

Loan Underwriting
▼5%

Sales
▼5%

Customer Relationship Management (CRM)
▼7%

Consumer Loans
▼9%

Customer Service
▼10%

Loan Processing
▼11%

bill collections
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 52 votes.

Gender

Female
64 %
Male
36 %

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 63%
vision benefits
Vision: 54%
no benefits
None: 14%