Loan Officer Salaries

2,259 Salaries

Average Base Pay
$42,125 / yr
Not enough reports to show salary distribution

Additional Cash Compensation

Average$18,298
Range$994 - $101,943

How much does a Loan Officer make?

The national average salary for a Loan Officer is $42,125 in United States. Filter by location to see Loan Officer salaries in your area. Salary estimates are based on 2,259 salaries submitted anonymously to Glassdoor by Loan Officer employees.

Salaries for Related Job Titles

Commercial Loan Officer$21
Sales$71K

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Salaries by Company

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Average Base Salaries in (USD)
Company
Average Base Salaries in (USD)
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High

Loan Officer

Bank of America

$39,710/yr

Range: $28K - $76K

112 salaries

$39,710/yr
$28K$76K

Loan Officer

PNC Financial Services Group

$34,094/yr

Range: $24K - $44K

75 salaries

$34,094/yr
$24K$44K

Loan Officer

Wells Fargo

$45,993/yr

Range: $26K - $86K

46 salaries

$45,993/yr
$26K$86K

Loan Officer

Freedom Mortgage

$40,037/yr

Range: $35K - $86K

45 salaries

$40,037/yr
$35K$86K

Loan Officer

Citizens Bank

$46,579/yr

Range: $26K - $53K

39 salaries

$46,579/yr
$26K$53K

Loan Officer

East West Mortgage Company

$53,747/yr

Range: $43K - $73K

29 salaries

$53,747/yr
$43K$73K

Loan Officer

Homeside Financial

$60,112/yr

Range: $33K - $101K

29 salaries

$60,112/yr
$33K$101K

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Loan Officer

TIAA Bank

$30,682/yr

Range: $25K - $38K

25 salaries

$30,682/yr
$25K$38K

Loan Officer

HomeStreet

$51,943/yr

Range: $49K - $62K

25 salaries

$51,943/yr
$49K$62K

Loan Officer

Veterans United Home Loans

$62,491/yr

Range: $29K - $128K

21 salaries

$62,491/yr
$29K$128K

Loan Officer

NVR

$73,456/yr

Range: $24K - $92K

21 salaries

$73,456/yr
$24K$92K

Loan Officer - Hourly

American Advisors Group

$10/hr

Range: $8 - $15

20 salaries

$10/hr
$8$15

Loan Officer - Hourly

loanDepot

$10/hr

Range: $8 - $21

19 salaries

$10/hr
$8$21

Loan Officer

OneMain Financial

$36,384/yr

Range: $26K - $55K

19 salaries

$36,384/yr
$26K$55K

Loan Officer

Hanmi Financial

$49,941/yr

Range: $33K - $64K

18 salaries

$49,941/yr
$33K$64K

Loan Officer

J.P. Morgan

$31,521/yr

Range: $24K - $91K

18 salaries

$31,521/yr
$24K$91K

Loan Officer

New American Funding

$55,433/yr

Range: $1 - $198K

18 salaries

$55,433/yr
$1$198K

Loan Officer

M&T Bank

$45,284/yr

Range: $26K - $53K

17 salaries

$45,284/yr
$26K$53K

Loan Officer

Cardinal Financial Company

$49,565/yr

Range: $24K - $119K

16 salaries

$49,565/yr
$24K$119K

Loan Officer

loanDepot

$46,363/yr

Range: $20K - $214K

16 salaries

$46,363/yr
$20K$214K
View Data as Table

Recent Salary Reports

Below are the most recent loan officer salary reports. Employer name has been removed to protect anonymity.

$42,000
per year
A Loan Officer in the Columbus, OH Area area reported making $42,000 per year
Additional Pay
$288k cash bonus
Job Highlights
1-2 years experience
Columbus, OH Area area
Full-time
 
51 to 200 employees
Company - Private
$15
hourly
A Loan Officer in the Ogden, UT Area area reported making $15 per hour
Job Highlights
1-2 years experience
Ogden, UT Area area
Full-time
 
1 to 50 employees
Company - Public
$14
hourly
A Loan Officer in the Los Angeles, CA Area area reported making $14 per hour
Job Highlights
1-2 years experience
Los Angeles, CA Area area
Full-time
 
1001 to 5000 employees
Company - Public
$45,000
per year
A Loan Officer in the Los Angeles, CA Area area reported making $45,000 per year
Additional Pay
$30k cash bonus
Job Highlights
3-4 years experience
Los Angeles, CA Area area
Full-time
 
1 to 50 employees
Company - Private
$70,000
per year
A Mortgage Loan Officer in the Johnson City, TN Area area reported making $70,000 per year
Job Highlights
1-2 years experience
Johnson City, TN Area area
Full-time
 
201 to 500 employees
Company - Private
$29,536
per year
A Loan Officer in the Salt Lake City, UT Area area reported making $29,536 per year
Additional Pay
$2 cash bonus
Job Highlights
1-2 years experience
Salt Lake City, UT Area area
Full-time
 
1001 to 5000 employees
Nonprofit Organization