Average Mortgage Loan Officer Salary

$50,496
Avg. Base Salary (USD)
10%
$30k
MEDIAN
$50k
90%
$77k

The average salary for a Mortgage Loan Officer is $50,496

Base Salary
$30k - $77k
Bonus
$1k - $30k
Profit Sharing
$101 - $15k
Commission
$3k - $103k
Total Pay
$35k - $96k
Is Average Mortgage Loan Officer Salary your job title? Find out what you should be paid
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What Do Mortgage Loan Officers Do?

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How do Mortgage Loan Officers Rate Their Jobs?

3.8 out of 5
(55)
Highly Satisfied
15Reviews
Based on 55 responses, the job of Mortgage Loan Officer has received a job satisfaction rating of 3.81 out of 5. On average, Mortgage Loan Officers are highly satisfied with their job.

FAQs About Mortgage Loan Officers

What is the highest pay for Mortgage Loan Officers?

Our data indicates that the highest pay for a Mortgage Loan Officer is $77k / year

What is the lowest pay for Mortgage Loan Officers?

Our data indicates that the lowest pay for a Mortgage Loan Officer is $30k / year

How can Mortgage Loan Officers increase their salary?

Increasing your pay as a Mortgage Loan Officer 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 Mortgage Loan Officer that oversees more junior Mortgage Loan Officers, this experience can increase the likelihood to earn more.