[ collapse ]

You »

- Compare Your Salary
- Evaluate a Job Offer

Someone You Manage »

- Price a New Hire
- Give a Raise

Whole Company »

- Benchmark Jobs
- Create a Comp Plan

Mortgage Loan Officer Salary

United States » Job » Mortgage Loan Officer Overview » Mortgage Loan Officer Salary

Updated: 17 Jun 2013

Job Satisfaction

Highly satisfied

Rated 4 out of 5 based on 91 Mortgage Loan Officer votes.

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.

Part of:

Mortgage Assistant Salary

Mortgage Loan Officer 2013 Total Pay (?

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.

)

$29,097 - $106,485

(Median)

29K

49K

69K

110K

MEDIAN: $48,610

10%

50%

75%

90%

See your Mortgage Loan Officer connections ↓

Mortgage Loan Officer Job Listings

Senior Mortgage Loan Officer

Mar 08

First California Mortgage - San Diego, CA

First California Mortgage is seeking a qualified Loan Officer to foster mortgage origination sales in a... loan programs and straight talk about mortgage... - Indeed

Apply For This Job »

Mortgage Loan Officer

May 15

Supreme Lending - Sulphur Springs, TX

East Texas area and looking for seasoned Mortgage Loan Officers and Originators that are willing to work... Mortgage Banker, with a full line of Mortgage... - Indeed

Apply For This Job »

Retail Mortgage Loan Officer

Jun 04

AdKore/MegaForce Banking & Financial Services Division - Shawnee, KS

Loan Officer, Mortgage, Mortgage Banker, Mortgage Loan Officer, Commercial Lender, Commercial Loan Officer... Loan Processor, Loan Officer Jobs, Loans, Loan, HUD... - Indeed

Apply For This Job »

View More Listings »

jobs by

Want local data for this job?

National Salary Data

	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	$24,118 - $80,386
Bonus	$0.00 - $28,926
Profit Sharing	$0.30 - $14,544
Commission	$0.00 - $99,498
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). )	$29,097 - $106,485
Country: United States \| Currency: USD \| Updated: 17 Jun 2013 \| Individuals Reporting: 492

Add to your site |

Mortgage Loan Officer Tasks

Assess local mortgage market to find deals for client.
Apply for loans on behalf of borrower and collect documentation to pre-approve client.
Mediate between the prospective homebuyer and the lending institution to underwrite and structure financial solutions.
Interview and document credit, income, and financial history of clients.
Deploy marketing and sales strategies to attract new clients.

Please log in with Facebook to see who you know.

Companies and Industries for Mortgage Loan Officer Salaries

Popular Employers

Salary Range


Bank of America Corp. (BOFA)	$26,500 - $110,000
J.P. Morgan Chase & Co. (JPMCC)	$20,560 - $58,958
First National Bank	$23,500 - $40,976
Wells Fargo Home Mortgage	$32,000 - $92,998
Federal Credit Union	$38,000 - $55,357

See more employers

Popular Industries

Salary Range


Mortgage Lending, Loans, or Credit Products	$21,884 - $86,930
Banking	$21,833 - $76,814
Financial Services	$22,599 - $85,324
Credit Union	$21,508 - $54,432
Mortgage Brokerage	$19,008 - $135,424

Key Statistics for Mortgage Loan Officer Salaries and Jobs

Gender

	Female 61%			Male 39%
Salary:	$30,748 - $48,970			$32,939 - $60,558

Years of Experience

Less than 1 year

1-4 years

34%

5-9 years

22%

10-19 years

27%

20 years or more

10%

Top Degrees

Salary Range


Bachelor's Degree	$22,250 - $70,468
Associate's Degree	$29,799 - $66,283
Bachelor of Science (BS / BSc), Finance	$25,434 - $39,736
Master of Business Administration (MBA)	$38,848 - $59,916
Bachelor of Business Administration (BBA), Finance	$35,608 - $45,781

See more degrees

Most Common Health Benefits

	Medical: 81%		Dental: 68%
	Vision: 48%		None: 16%

Special Features

Fortune 100 CEO Income Compared to Average Worker at Company
Many CEOs earn millions a year, but how does their pay compare to the average worker at their company? We list the highest earners.

More Special Features

Which jobs, cities and industries are seeing wages rise or fall? Track the latest compensation trends with The PayScale Index Q1 2013 results.

» You think you have a bad boss? We reveal the Top 5 Jobs That Hate Their Boss.

» College Salary Report 2013: Review more than 1,000 schools and 130 majors