Average Assistant Loan Officer Hourly Pay at Alterra

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The average hourly pay for an Assistant Loan Officer at Alterra is $14.74.
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United States (change)
Hourly Rate
$0 - $15
Total Pay
$0 - $31,200

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Job Description for Assistant Loan Officer

Assistant Loan Officer Tasks
  • Assist in managing a loan portfolio with regard to credit quality and administration, and portfolio performance.
  • Coordinate and manage marketing to current clients and potential customers.
  • Approve, deny, and review loan recommendations.
  • Review, identify, and resolve problems with loan applications.
  • Facilitate the application process by initiating pre-qualification inquiry calls and reviewing resulting data with the loan officer.
The top respondents for the job title Assistant Loan Officer are from the companies Guild Mortgage Company, Prospect Mortgage and Cornerstone Home Lending. Reported salaries are highest at Guild Mortgage Company where the average pay is $16.22. Other companies that offer high salaries for this role include Cornerstone Home Lending and American Pacific Mortgage Corp, earning around $15.48 and $15.48, respectively. Fairway Mortgage pays the lowest at around $14.24. Primelending and Prospect Mortgage also pay on the lower end of the scale, paying $14.71 and $15.25, respectively.

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