Get a Salary Report for



- Compare Your Salary
- Evaluate a Job Offer


- Price a New Hire
- Give a Raise



- Benchmark Jobs
- Create a Comp Plan

Loan Review Officer Salary (United States)

Loan Review Officers in the United States are often veterans in their line of work, with close to one-half bringing more than 10 years of experience to the table. Salaries slide in at $71K annually on average but can range from $33K to $106K per year. Women make up the majority of Loan Review Officers (65 percent) who completed the questionnaire. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to the greater part. Job satisfaction for Loan Review Officers is high. This report is based on answers to PayScale's salary questionnaire.
Loan Review Officer Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$34,708 - $102,742
(Median)
35K
52K
71K
87K
100K
MEDIAN: $71,101
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$34,708 - $102,742  
   
Bonus
$0.00 - $14,523  
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).
)
$33,277 - $106,315  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 70
Is Loan Review Officer your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

Job Description for Loan Review 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

Search for more jobs:
job title / company
location

Loan Review Officer Reviews

What is it like working as a Loan Review Officer?
Loan Review Officer in Eugene:
"Work flexibility."
Pros: As a loan review officer I like that I'm helping my company to reduce risk and identify problem loans early. The work is flexible and gives me the opportunity to take on other responsibilities and projects. With the ALLR management, I like to be a part of analyzing and establishing loss rates for current and future loans to also help my company minimize risk.
Cons: Loan review officer can get mundane reading loan after loan. I do have to remind myself that I'm helping the greater good of the bank. Sometimes I'm also not the most favorite person in the bank if I need to downgrade a loan or point out problems in loan approvals to loan officers. ALLR management is getting more and more difficult in justifying the current levels of reserves. Q & E factors are a challenge; examiners want you to quantify a subjective (per guidance) process, but the more you quantify, the less subjective it gets and they want support for the quantification. It's a thin like to walk to maintain subjectivity and some flexibility in management's decisions, but to quantify enough to satisfy examiners.
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Loan Review Officer Salaries

Late-Career
up arrow 16%
Experienced
up arrow 14%
National Average
$69,000
Mid-Career
up arrow 20%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 18 votes.

Gender

Female
65%
female alumni
 
Male
35%
male alumni

Years of Experience

1-4 years
10%
5-9 years
38%
10-19 years
29%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 85%
vision benefits Vision: 63% employee benefits None: 7%