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Loan Officer Salaries

Updated 19 Jan 2022
US$56,987 /yr
Average Base Pay

3,938 salaries

US$25T

Low

US$57T

Average

US$1L

High

No additional cash compensation has been reported for this role

How much does a Loan Officer make?

How much does a Loan Officer make? The national average salary for a Loan Officer is $56,987 in United States. Filter by location to see Loan Officer salaries in your area. Salary estimates are based on 3,938 salaries submitted anonymously to Glassdoor by Loan Officer employees.

Seniority Levels

L2
Loan OfficerUS$56,987 /yr
L3
Senior Loan OfficerUS$61,095 /yr
L4
Lead Loan OfficerUS$41,804 /yr
See Full Career Path

Related Job Titles

Commercial Loan Officer

US$76,235

per year

Financial Advisor

US$58,805

per year

MOrtgage Loan Originator

US$49,671

per year

Sales

US$57,789

per year

Salaries by Company

Location

or

Find a Specific Employer

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Company

Average Base Salary in (USD)

Range

Obsidian Financial Services
3.3

Obsidian Financial Services

Loan Officer

US$1,62,520

 /yr
Range: US$2L - US$3L
346 salaries
See 346 salaries from all locations

US$2L

US$3L

US$1,62,520 - US$3,38,582 Range

Bank of America
4

Bank of America

Loan Officer

US$43,904

 /yr
Range: US$24T - US$84T

US$24T

US$84T

US$24,279 - US$83,733 Range

loanDepot
3.7

loanDepot

Loan Officer

US$31,002

 /yr
Range: US$18T - US$2L

US$18T

US$2L

US$18,244 - US$2,34,406 Range

New American Funding
3.8

New American Funding

Loan Officer

US$47,781

 /yr
Range: US$17T - US$2L

US$17T

US$2L

US$16,511 - US$2,07,036 Range

Freedom Mortgage
3.7

Freedom Mortgage

Loan Officer

US$42,557

 /yr
Range: US$26T - US$1L

US$26T

US$1L

US$25,701 - US$1,16,740 Range

Wells Fargo
3.6

Wells Fargo

Loan Officer

US$51,187

 /yr
Range: US$29T - US$2L

US$29T

US$2L

US$28,703 - US$1,62,520 Range

PNC Financial Services Group
3.7

PNC Financial Services Group

Loan Officer

US$37,516

 /yr
Range: US$26T - US$87T

US$26T

US$87T

US$26,063 - US$86,677 Range

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NEXA Mortgage
3.9

NEXA Mortgage

Loan Officer

US$3,41,291

 /yr
Range: US$33T - US$3L

US$33T

US$3L

US$32,714 - US$3,44,902 Range

US Small Business Administration
3.7

US Small Business Administration

Loan Officer

US$52,500

 /yr
Range: US$36T - US$1L

US$36T

US$1L

US$36,067 - US$1,03,186 Range

Pennymac
3.6

Pennymac

Loan Officer

US$32,180

 /yr
Range: US$24T - US$1L

US$24T

US$1L

US$24,236 - US$1,03,759 Range

Fairway Independent Mortgage
4.3

Fairway Independent Mortgage

Loan Officer

US$67,716

 /yr
Range: US$20T - US$2L

US$20T

US$2L

US$19,800 - US$1,76,063 Range

OneMain Financial
3.4

OneMain Financial

Loan Officer

US$39,324

 /yr
Range: US$31T - US$54T

US$31T

US$54T

US$31,420 - US$53,522 Range

Veterans United Home Loans
4.6

Veterans United Home Loans

Loan Officer

US$64,361

 /yr
Range: US$25T - US$1L

US$25T

US$1L

US$25,000 - US$1,40,628 Range

Paramount Residential Mortgage Group
4.4

Paramount Residential Mortgage Group

Loan Officer

US$73,134

 /yr
Range: US$27T - US$1L

US$27T

US$1L

US$27,414 - US$1,35,433 Range

AmeriSave Mortgage
2.6

AmeriSave Mortgage

Loan Officer

US$42,658

 /yr
Range: US$22T - US$2L

US$22T

US$2L

US$22,145 - US$2,02,523 Range

American Advisors Group
4.4

American Advisors Group

Loan Officer - Hourly

US$12

 /hr
Range: US$8 - US$53

US$8

US$53

US$8 - US$53 Range

Mountain America Credit Union
4.3

Mountain America Credit Union

Loan Officer

US$38,582

 /yr
Range: US$29T - US$70T

US$29T

US$70T

US$29,214 - US$69,533 Range

Citizens
3.7

Citizens

Loan Officer

US$50,992

 /yr
Range: US$28T - US$64T

US$28T

US$64T

US$28,126 - US$64,247 Range

Cardinal Financial Company
3.9

Cardinal Financial Company

Loan Officer

US$33,778

 /yr
Range: US$25T - US$2L

US$25T

US$2L

US$25,123 - US$2,07,518 Range

Rocket Companies
3.7

Rocket Companies

Loan Officer

US$32,504

 /yr
Range: US$25T - US$1L

US$25T

US$1L

US$24,555 - US$1,04,663 Range

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Frequently asked questions about a Loan Officer salaries

The national average salary for a Loan Officer is US$56,987 per year in United States. Filter by location to see a Loan Officer salaries in your area. Salaries estimates are based on 3938 salaries submitted anonymously to Glassdoor by a Loan Officer employees.

The highest salary for a Loan Officer in United States is US$1,31,965 per year.

The lowest salary for a Loan Officer in United States is US$24,609 per year.