Average Loan Originator Salary

$57,720
Avg. Base Salary (USD)
10%
$39k
MEDIAN
$58k
90%
$135k

The average salary for a Loan Originator is $57,720 in 2024

Base Salary
$39k - $135k
Bonus
$2k - $59k
Profit Sharing
$0 - $12k
Commission
$11k - $76k
Total Pay
$33k - $145k
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How do Loan Originators Rate Their Jobs?

3.8 out of 5
(9)
Highly Satisfied
2Reviews
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FAQs About Loan Originators

What is the highest pay for Loan Originators?

Our data indicates that the highest pay for a Loan Originator is $135k / year

What is the lowest pay for Loan Originators?

Our data indicates that the lowest pay for a Loan Originator is $39k / year

How can Loan Originators increase their salary?

Increasing your pay as a Loan Originator is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Originator that oversees more junior Loan Originators, this experience can increase the likelihood to earn more.