▼20%
$49,084
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$28k
MEDIAN
$49k
90%
$125k
The average salary for a Loan Originator is $49,084
Base Salary
$28k - $125k
Bonus
$650 - $115k
Profit Sharing
$0 - $5k
Commission
$0 - $489k
Total Pay
$27k - $164k
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What is the Pay by Experience Level for Loan Originators?
What Do Loan Originators Do?
Loan Originator Tasks
- Obtain and compile financial information to evaluate loan applications and their risk.
- Generate new clients and referrals through strong relationship building.
- Track and maintain credit and loan data.
- Work directly with clients to review agreements, explain programs, and negotiate loans and terms.
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Gender Breakdown
Male
52.2%
Female
47.8%
This data is based on 46 survey responses. Learn more about the gender pay gap.
Common Health Benefits
Medical
75%
Dental
65%
Vision
53%
None