Assistant Loan Officer with Loan Processing Skills Salary

The median total income of Assistant Loan Officers with Loan Processing skills is around $41K, and for the average worker in this area, a good chunk of that (over a third, in fact) comes from commissions. Job satisfaction is high and work is enjoyable for most Assistant Loan Officers with Loan Processing skills. Female Assistant Loan Officers with Loan Processing skills far outnumber their male contemporaries among survey respondents. Unfortunately, some people in this line of work are without benefits — somewhere between a fifth and a fourth lack coverage. On the flip side, a strong majority have medical insurance and more than half receive dental plans. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$26,888 - $51,774
$27K
$39K
$52K
MEDIAN: $38,546
10%
50%
90%

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$10.38 - $21.63
$10
$15
$22
MEDIAN: $15.35
10%
50%
90%

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$0$56K
Salary $26,888 - $51,774
Bonus $705 - $14,976
Profit Sharing $3,800
Commission $1,973 - $30,371
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).
)
$25,819 - $56,810
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 88
Hourly Data $0$30
Hourly Rate $10.38 - $21.63
Overtime $12.36 - $30.91
Annual Data $0$56K
Bonus $705 - $14,976
Commission $1,973 - $30,371
Profit Sharing $3,800
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).
)
$25,819 - $56,810
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 82

Assistant Loan Officer Job Listings

Pay by Experience Level for Assistant Loan Officer

Pay by Experience for an Assistant Loan Officer has a positive trend. An entry-level Assistant Loan Officer with less than 5 years of experience can expect to earn an average total compensation of $36,000 based on 84 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Assistant Loan Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $46,000 based on 34 salaries. An experienced Assistant Loan Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $44,000 based on 38 salaries. An Assistant Loan Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $49,000 based on 14 salaries.

Key Stats for Assistant Loan Officer

Gender

Female
86 %
Male
14 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.
Less than 1 year
6%
1-4 years
46%
5-9 years
15%
10-19 years
25%
20 years or more
8%

Experience Affects Assistant Loan Officer Salaries

Late-Career
▲21%

Mid-Career
▲12%

Experienced
▲9%

National Average
$41,000

Entry-Level
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
6%
1-4 years
46%
5-9 years
15%
10-19 years
25%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 64%
vision benefits
Vision: 57%
no benefits
None: 25%