Experience
The estimated total pay for a Mortgage Loan Officer is $208,067 per year in the United States area, with an average salary of $146,453 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $61,614 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.
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Job Title | Salary |
---|---|
Loan Officer | $148,474 /yr |
Senior Loan Officer | $209,079 /yr |
Lead Loan Officer | $113,718 /yr |
Some related job titles are Senior Mortgage Loan Officer Salaries with median pay of $198,098, Underwriter Salaries with median pay of $69,098, Financial Advisor Salaries with median pay of $105,017, Mortgage Banker Salaries with median pay of $151,939.
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Jobs in finance and accounting are expected to see continued demand, with employment growth linked to the health of the broader economy. These jobs will continue to offer above average pay but usually require higher education or certification to enter the field. While automation will replace many common tasks, it is not expected to reduce the need for these employees; it will instead allow them to focus on core soft skills like advising clients and analyzing trends.
Job Title
Location
Total Pay
Basic Pay | Additional Pay
Total Years of Experience
Years at Recent Employer
Submitted
Date of Time
United States of America
| 7-9 years
/yr
SubmittedYesterday
United States of America
| <1 year
/hr
SubmittedYesterday
United States of America
| 1-3 years
/yr
$33K | $190K
SubmittedYesterday
United States of America
| 4-6 years
/yr
SubmittedYesterday
United States of America
| 1-3 years
/yr
$40K | $2M
SubmittedYesterday
United States of America
| 1-3 years
/yr
SubmittedYesterday
The national average salary for a Mortgage Loan Officer is $146,453 per year in United States. Filter by location to see a Mortgage Loan Officer salaries in your area. Salaries estimates are based on 4465 salaries submitted anonymously to Glassdoor by a Mortgage Loan Officer employees.
The highest salary for a Mortgage Loan Officer in United States is $207,194 per year.
The lowest salary for a Mortgage Loan Officer in United States is $103,519 per year.
If you are thinking of becoming a Mortgage Loan Officer or planning the next step in your career, find details about the role, the career path and salary trajectory of a Mortgage Loan Officer.