Find higher paying jobs for senior loan officer

How much does a Senior Loan Officer make?

Updated Jun 17, 2021

Industry

Employer Size

Experience

$59,860 /yr
Average Base Pay

353 salaries

$24K

Low

$60K

Average

$147K

High

No additional cash compensation has been reported for this role

The national average salary for a Senior Loan Officer is $59,860 in United States. Filter by location to see Senior Loan Officer salaries in your area. Salary estimates are based on 353 salaries submitted anonymously to Glassdoor by Senior Loan Officer employees.

Seniority Levels

L3
Senior Loan Officer$59,860 /yr
L4
Lead Loan Officer$41,155 /yr
Career Path

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Salaries by Company

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Average Base Salary in (USD)

Range

New American Funding
3.8

New American Funding

Senior Loan Officer - Hourly

$18

 /hr
Range: $10 - $92
79 salaries
See 26 salaries from all locations

$10

$92

$10 - $92 Range

Homeside Financial
4.4

Homeside Financial

Senior Loan Officer

$46,083

 /yr
Range: $26K - $115K

$26K

$115K

$26,181 - $114,710 Range

Flagstar Bank
3.7

Flagstar Bank

Senior Loan Officer

$40,339

 /yr
Range: $26K - $50K

$26K

$50K

$25,733 - $50,111 Range

OneMain Financial
3.6

OneMain Financial

Senior Loan Officer

$41,850

 /yr
Range: $34K - $50K

$34K

$50K

$33,890 - $50,411 Range

Lower
4.7

Lower

Senior Loan Officer

$45,743

 /yr
Range: $39K - $107K

$39K

$107K

$39,000 - $106,967 Range

Residential Finance
3.4

Residential Finance

Senior Loan Officer - Hourly

$13

 /hr
Range: $8 - $58

$8

$58

$8 - $58 Range

Activus Home Loans
4.2

Activus Home Loans

Senior Loan Officer - Monthly

$2,294

 /mo
Range: $188 - $22K

$188

$22K

$188 - $22,240 Range

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Elevations Credit Union
3.9

Elevations Credit Union

Senior Loan Officer

$54,842

 /yr
Range: $40K - $95K

$40K

$95K

$40,037 - $95,084 Range

Reverse Mortgages.com
4.4

Reverse Mortgages.com

Senior Loan Officer

$44,609

 /yr
Range: $34K - $114K

$34K

$114K

$34,034 - $113,554 Range

LenderFI
3.7

LenderFI

Senior Loan Officer - Hourly

$12

 /hr
Range: $6 - $81

$6

$81

$6 - $81 Range

Nations Lending
3.5

Nations Lending

Senior Loan Officer

$26,111

 /yr
Range: $25K - $56K

$25K

$56K

$25,066 - $55,861 Range

Security Service Federal Credit Union
3.6

Security Service Federal Credit Union

Senior Loan Officer

$57,109

 /yr
Range: $54K - $60K

$54K

$60K

$54,353 - $59,914 Range

AmWest Funding Corp
2.5

AmWest Funding Corp

Senior Loan Officer

$30,501

 /yr
Range: $19K - $51K

$19K

$51K

$19,080 - $50,930 Range

Centennial Bank
3.8

Centennial Bank

Senior Loan Officer

$50,826

 /yr
Range: $49K - $63K

$49K

$63K

$49,241 - $62,861 Range

Western Alliance Bank
3.2

Western Alliance Bank

Senior Loan Officer

$60,764

 /yr
Range: $59K - $75K

$59K

$75K

$58,982 - $74,980 Range

American Lending Solutions
3.4

American Lending Solutions

Senior Loan Officer - Monthly

$2,594

 /mo
Range: $2K - $3K

$2K

$3K

$2,269 - $2,603 Range

Spring EQ
3.8

Spring EQ

Senior Loan Officer

$33,065

 /yr
Range: $31K - $36K

$31K

$36K

$31,312 - $36,329 Range

LSI
4

LSI

Senior Loan Officer

$46,059

 /yr
Range: $43K - $52K

$43K

$52K

$43,000 - $51,619 Range

All American Lending
4.8

All American Lending

Senior Loan Officer - Hourly

$23

 /hr
Range: $20 - $24

$20

$24

$20 - $24 Range

Uamc
2.7

Uamc

Senior Loan Officer

$31,280

 /yr
Range: $27K - $36K

$27K

$36K

$27,079 - $36,290 Range

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Recent Salary Reports

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

$29,000
per year
A Sr. Loan Officer in the Los Angeles, CA Area area reported making $29,000 per year
Additional Pay
$720k commissions
Job Highlights
1-2 years experience
Los Angeles, CA Area area
Full-time
 
1001 to 5000 employees
Company - Private
$41,777
per year
A Senior Loan Advocate in the Chicago, IL Area area reported making $41,777 per year
Additional Pay
$20k cash bonus
Job Highlights
3-4 years experience
Chicago, IL Area area
Full-time
 
501 to 1000 employees
Company - Private
$62,000
per year
A Senior ESCROW OFFICER in the Dallas-Fort Worth, TX Area area reported making $62,000 per year
Job Highlights
10+ years experience
Dallas-Fort Worth, TX Area area
Full-time
 
5001 to 10000 employees
Company - Public
$90,000
per year
A Senior Branch Home Lending Advisor in the Phoenix, AZ Area area reported making $90,000 per year
Additional Pay
$15k commissions
Job Highlights
3-4 years experience
Phoenix, AZ Area area
Full-time
 
10000+ employees
Company - Public
$27
hourly
A Sr. Loan Officer in the Riverside, CA Area area reported making $27 per hour
Additional Pay
$5k commissions
Job Highlights
1-2 years experience
Riverside, CA Area area
Full-time
 
1001 to 5000 employees
Company - Public
$12
hourly
A Sr. Loan Officer in the Austin, TX Area area reported making $12 per hour
Additional Pay
$50k commissions
Job Highlights
Austin, TX Area area
Full-time
 
1001 to 5000 employees
Company - Private
$60,000
per year
A Senior ESCROW OFFICER in the Dallas-Fort Worth, TX Area area reported making $60,000 per year
Job Highlights
8-10 years experience
Dallas-Fort Worth, TX Area area
Full-time
 
1 to 50 employees
Company - Private
$29,244
per year
A Sr Loan Officer in the Tampa, FL Area area reported making $29,244 per year
Additional Pay
$5k cash bonus
$500 profit sharing
$1k commissions
Job Highlights
10+ years experience
Tampa, FL Area area
Full-time
 
10000+ employees
Company - Private
$42,910
per year
A Senior Loan Officer in the Chicago, IL Area area reported making $42,910 per year
Job Highlights
10+ years experience
Chicago, IL Area area
Full-time
 
501 to 1000 employees
Company - Private
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