Mid-Career Loan Officer Salary

Mid-Career Loan Officers take home an average $49K annually. Total cash compensation to Mid-Career Loan Officers approaches anywhere from $31K on the lower end to $82K on the higher end; in exceptional cases, this can include more than $20K from bonuses and upwards of $7K from profit sharing. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 54 percent. Job satisfaction for Mid-Career Loan Officers is high. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.

$32,684 - $77,855
$33K
$49K
$78K
MEDIAN: $49,286
10%
50%
90%

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$11.77 - $23.62
$12
$17
$24
MEDIAN: $16.83
10%
50%
90%

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$0$80K
Salary $32,684 - $77,855
Bonus $486.08 - $20,888
Profit Sharing $0.00 - $6,821
Commission $1,430 - $50,335
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).
)
$31,295 - $80,052
  • Country: United States
  • Currency: USD
  • Updated: 12 Oct 2017
  • Individuals Reporting: 310
Hourly Data $0$32
Hourly Rate $11.77 - $23.62
Overtime $12.23 - $32.94
Annual Data $0$80K
Bonus $486.08 - $20,888
Commission $1,430 - $50,335
Profit Sharing $0.00 - $6,821
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).
)
$31,295 - $80,052
  • Country: United States
  • Currency: USD
  • Updated: 12 Oct 2017
  • Individuals Reporting: 123

Loan Officer Job Listings

Key Stats for Loan Officer

Gender

Female
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.
5-9 years
73%
10-19 years
27%

Skills That Affect Loan Officer Salaries

Commercial Loans
▲24%

Financial Analysis
▲6%

Mortgage Loans
▲1%

National Average
$48,000

Customer Relationship Management (CRM)
▼4%

Loan Underwriting
▼8%

Sales
▼9%

Consumer Loans
▼12%

Loan Processing
▼15%

Customer Service
▼16%

bill collections
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.

Gender

Female
53 %
Male
47 %

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 72%
vision benefits
Vision: 58%
no benefits
None: 10%