Average Loan Originator Salary

Average Loan Originator Salary

$49,084
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 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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Job Satisfaction for Loan Originator

4.1 out of 5
(22)
Highly Satisfied
1Review
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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

25%