A Residential Loan Officer earns an average salary of $44,973 per year.

$29,986 - $80,345
(Median)
$30K
$45K
$80K
MEDIAN: $44,972
10%
50%
90%

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$11.56 - $21.78
(Median)
$12
$16
$22
MEDIAN: $15.00
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$33K$66K$99K
Salary
$29,986 - $80,345  
   
Bonus
$505 - $14,971  
Profit Sharing
$0.00 - $10,045  
Commission
$1,523 - $96,737  
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).
)
$29,178 - $82,001  
Country: United States | Currency: USD | Updated: 10 Nov 2016 | Individuals Reporting: 1,416
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$17$34$51
Hourly Rate
$11.56 - $21.78  
   
Overtime
$15.38 - $35.58  
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
$505 - $14,971  
   
Commission
$1,523 - $96,737  
Profit Sharing
$0.00 - $10,045  
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).
)
$29,178 - $82,001  
Country: United States | Currency: USD | Updated: 10 Nov 2016 | Individuals Reporting: 623

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Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 270 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
6%
1-4 years
40%
5-9 years
20%
10-19 years
23%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 69%
medical benefits
Vision: 55%
dental benefits
None: 12%
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