Salary: Loan Officer | Glassdoor

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Loan Officer Salaries

About This Data
4,731 SalariesUpdated Feb 20, 2018
Average Base Pay
$41,951/yr
Not enough reports to show salary distribution
$25K
Low
$42K
Average
$74K
High

Additional Cash Compensation

AverageNo Reports
RangeNo Reports
How much does a Loan Officer make?

The national average salary for a Loan Officer is $41,951 in United States. Filter by location to see Loan Officer salaries in your area. Salary estimates are based on salaries submitted anonymously to Glassdoor by Loan Officer employees.

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Salaries by Company

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      Average Base Salaries in (USD)
      Company
      Average Base Salaries in (USD)
      Low
      High
      Bank of America
      $40,547/yr
      Range: $21K - $94K
      105 salaries
      $40,547
      $21K$94K
      PNC Financial Services Group
      $33,070/yr
      Range: $25K - $42K
      69 salaries
      $33,070
      $25K$42K
      Wells Fargo
      $43,583/yr
      Range: $25K - $66K
      40 salaries
      $43,583
      $25K$66K
      Citizens Bank
      $44,409/yr
      Range: $39K - $51K
      38 salaries
      $44,409
      $39K$51K
      East West Mortgage Company
      $49,816/yr
      Range: $41K - $70K
      29 salaries
      $49,816
      $41K$70K
      Homeside Financial
      $55,555/yr
      Range: $30K - $95K
      27 salaries
      $55,555
      $30K$95K
      EverBank Financial
      $31,729/yr
      Range: $23K - $43K
      25 salaries
      $31,729
      $23K$43K

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      HomeStreet
      $49,451/yr
      Range: $46K - $59K
      25 salaries
      $49,451
      $46K$59K
      Freedom Mortgage
      $43,465/yr
      Range: $35K - $80K
      25 salaries
      $43,465
      $35K$80K
      NVR
      $66,432/yr
      Range: $54K - $87K
      20 salaries
      $66,432
      $54K$87K
      Hanmi Financial
      $45,428/yr
      Range: $31K - $60K
      17 salaries
      $45,428
      $31K$60K
      M&T Bank
      $45,532/yr
      Range: $25K - $70K
      16 salaries
      $45,532
      $25K$70K
      American Equity Mortgage
      $43,180/yr
      Range: $24K - $158K
      16 salaries
      $43,180
      $24K$158K
      J.P. Morgan
      $41,598/yr
      Range: $25K - $134K
      15 salaries
      $41,598
      $25K$134K
      Towne Mortgage
      $37,180/yr
      Range: $36K - $39K
      14 salaries
      $37,180
      $36K$39K
      Veterans United Home Loans
      $57,164/yr
      Range: $25K - $122K
      14 salaries
      $57,164
      $25K$122K
      New American Funding
      $66,078/yr
      Range: $1 - $180K
      14 salaries
      $66,078
      $1$180K
      American Advisors Group
      $9/hr
      Range: $8 - $12
      14 salaries
      $9
      $8$12
      IBERIABANK
      $48,453/yr
      Range: $41K - $52K
      13 salaries
      $48,453
      $41K$52K
      loanDepot
      $78,527/yr
      Range: $19K - $155K
      12 salaries
      $78,527
      $19K$155K

      Recent Salary Reports

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

      $48,000
      per year
      An Escrow Officer in the Dallas-Fort Worth, TX Area area reported making $48,000 per year
      Additional Pay
      $3k profit sharing
      $9k commissions
      Job Highlights
      3-4 years experience
      Dallas-Fort Worth, TX Area area
       
      Full-time
      1 to 50 employees
      $50,000
      per year
      A Mortgage Loan Officer in the Dallas-Fort Worth, TX Area area reported making $50,000 per year
      Additional Pay
      $150k commissions
      Job Highlights
      10+ years experience
      Dallas-Fort Worth, TX Area area
      Full-time
       
      5001 to 10000 employees
      Company - Public
      $36,000
      per year
      A Mortgage Loan Officer in the New York City, NY Area area reported making $36,000 per year
      Job Highlights
      1-2 years experience
      New York City, NY Area area
      Full-time
       
      51 to 200 employees
      Company - Private
      $25,000
      per year
      A Loan Officer in the Chicago, IL Area area reported making $25,000 per year
      Additional Pay
      $30k cash bonus
      Job Highlights
      Chicago, IL Area area
      Full-time
       
      201 to 500 employees
      Company - Private
      $60,000
      per year
      A Mortgage Loan Officer in the Columbia, MO Area area reported making $60,000 per year
      Additional Pay
      $144k cash bonus
      Job Highlights
      3-4 years experience
      Columbia, MO Area area
      Full-time
       
      1001 to 5000 employees
      Company - Private
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