Loan Officer Salary at Bankplus BETA

How much does a Bankplus Loan Officer make?

As of March 2025, the average annual salary for a Loan Officer at Bankplus is $59,968, which translates to approximately $29 per hour. Salaries for Loan Officer at Bankplus typically range from $52,320 to $69,207, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
bankplus.net
Size:
500 - 1,000 Employees
Revenue:
$200M - $500M
Industry:
Insurance

See similar companies related to Bankplus

What Skills Does a person Need at Bankplus?

At Bankplus, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
  2. Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
  3. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  4. Loan Origination: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent example. There are many different types of loans. For more information on loan types, see the loan and consumer lending articles. Steps involved in originating a loan vary by loan type, various kinds of loan risk, regulator, lender policy, and other factors.
  5. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Related Jobs

Crane 1 Services, Inc.
Brandon , MS

The Branch Manager will often be a player/coach responsible for assembling and leading a high-performing, customer-focused team. The Branch Manager will recruit, hire, train and retain operations leadership by deploying a servant leadership role and leveraging all Crane 1 support resources. This is a demanding, 'hands-on', entrepreneurial position that requires a person with the ability to prioritize and complete a wide variety of management and operational-oriented activities. It is a fast-paced, growth-oriented environment. A great amount of interaction is required, this position will be a key member of our growing operations and sales leadership team. Familiarity with managing operations in a service-based, industrial maintenance and repair business is important. We need a strong, self-driven, collaborative leader to join the team and help shape our future. We are looking for an operational leader that has high energy and engaging personality, a competitive spirit with an insatiable


Sponsored
3/23/2025 12:00:00 AM
Trustmark Bank
Madison , MS

Overview: The purpose of this job is to serve all customers by providing mortgage loan information, disclose fees, and gather data necessary to process mortgage requests. Responsibilities: Determine the best loan product for customer Devise marketing plans to seek referrals from agents and builders Provide guidance for loan inquiries related to pricing, product information, documentation requirements, payments, closing costs and qualifying requirements Complete applications and gather documents as needed to meet the parameters of the loan type, i.e., FHA, VA, Conventional, portfolio, etc Develop referrals from internal and external sources. Maintain relationships with realtors by providing superior service Originate and promote Trustmarks Community Lending Loans and Products Coordinate and assist the mortgage dept. in the origination and servicing of Community lending products and services Qualifications: Minimum of 2 years experience originating agency eligible mortgage loans or equiv


Sponsored
3/22/2025 12:00:00 AM
Penhall Company and Penhall Technologies
Jackson , MS

Job Summary: The Account Manager is responsible for managing customer relationships, estimating projects, and overseeing the successful execution of assigned projects. This role is critical in driving revenue growth, providing excellent customer service, and building strong networks within the market. The Account Manager will handle "Come Do" or service work as well as project work, ensure customer satisfaction, and achieve annual revenue goals. Duties and Responsibilities: Estimate and prepare proposals for assigned projects. Communicate known project hazards, risk Oversee the management of projects, ensuring they are completed incident free, on time, within budget, and to client specifications. Handle service or "Come Do" work as required, responding promptly to customer needs. Annual sales volume goal for Account Manager will be $3M - $5M+. Develop and maintain strong relationships with clients, acting as the primary point of contact for assigned accounts. Ensure high levels of cust


Sponsored
3/22/2025 12:00:00 AM
Rate
Jackson , MS

Job Description: The Licensed Loan Officer will oversee the origination, file management, communication. This position will be in direct communication with Clients, Realtors, Builders, and Business Partners. This position requires time management, precise verbal and written communication and have working knowledge of all major investors and their guidelines. Essential Duties of the Position: • Pre-qualifies clients to include discussing, rates, terms and/or financial options and attends all functions with Loan Officer when required. • Complete LPII checklist on all files and adhere to company time frames. • Call and obtain conditions from borrowers and Realtors. • Meets with clients to sign Loan Application and Disclosures. • With new contracts, facilitate the introduction to Realtors via e-mail • All files turned into processing within 24 hours of meeting with the borrower. • Understands and research’s all investor guidelines and is up to date in any and all program changes that effec


Sponsored
3/21/2025 12:00:00 AM
Rate
Madison , MS

Job Description: The Licensed Loan Officer will oversee the origination, file management, communication. This position will be in direct communication with Clients, Realtors, Builders, and Business Partners. This position requires time management, precise verbal and written communication and have working knowledge of all major investors and their guidelines. Essential Duties of the Position: • Pre-qualifies clients to include discussing, rates, terms and/or financial options and attends all functions with Loan Officer when required. • Complete LPII checklist on all files and adhere to company time frames. • Call and obtain conditions from borrowers and Realtors. • Meets with clients to sign Loan Application and Disclosures. • With new contracts, facilitate the introduction to Realtors via e-mail • All files turned into processing within 24 hours of meeting with the borrower. • Understands and research’s all investor guidelines and is up to date in any and all program changes that effec


Sponsored
3/21/2025 12:00:00 AM
Rate
Pearl , MS

Job Description: The Licensed Loan Officer will oversee the origination, file management, communication. This position will be in direct communication with Clients, Realtors, Builders, and Business Partners. This position requires time management, precise verbal and written communication and have working knowledge of all major investors and their guidelines. Essential Duties of the Position: • Pre-qualifies clients to include discussing, rates, terms and/or financial options and attends all functions with Loan Officer when required. • Complete LPII checklist on all files and adhere to company time frames. • Call and obtain conditions from borrowers and Realtors. • Meets with clients to sign Loan Application and Disclosures. • With new contracts, facilitate the introduction to Realtors via e-mail • All files turned into processing within 24 hours of meeting with the borrower. • Understands and research’s all investor guidelines and is up to date in any and all program changes that effec


Sponsored
3/21/2025 12:00:00 AM
Hope Credit Union
Utica , MS

Title: Branch Manager Department: Retail Operations Reports To: VP, Regional Branch Administrator Supervises: Supervises: Head Teller, Member Service Representative, Teller Job Classification: Exempt, Full-time HOPE Overview HOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) provides financial services; leverages resources; and engages in advocacy that strengthens the financial health and wealth of people in under-resourced Deep South communities. Since 1994, these efforts have benefitted more than three million people in Alabama, Arkansas, Louisiana, Mississippi and Tennessee, and influenced billions in persistent poverty communities across the nation. Learn more at https://www.hopecu.org/. Job Summary The Branch Manager is responsible for the operations of assigned HOPE branches. The position will supervise all branch staff, ensuring excellent member service, efficient operations, adherence to procedures, policies, guidelines, and regulatory compliance. A


Sponsored
3/21/2025 12:00:00 AM
Hope Credit Union
Jackson , MS

Title: Commercial Underwriter III Department: Commercial Lending Reports To: Senior Vice President, Commercial Lending Supervises: N/A Job Classification: Full-time, Exempt Location: AR, AL, MS, LA & TN The Commercial Underwriter III is responsible for conducting a credit and financial analyses for new loan requests to evaluate safety and soundness while minimizing risk for the organization. Generally, the Commercial Underwriter III will be responsible for more complex loans and analyses, consisting of LIHTC (Low Income Housing Tax Credit), Large Commercial Real Estate transactions and Commercial Industrial Loans. The Commercial Underwriter III will progressively review and underwrite New Market Tax Credits transactions. The Underwriter shall have some renewable energy or solar underwriting experience. The Underwriter may assist Portfolio Management and other areas of the Commercial Lending team as needed. Responsibilities Collaborate with the loan officers and market leaders to discus


Sponsored
3/20/2025 12:00:00 AM

Check more jobs information at Bankplus

Job Title Average Bankplus Salary Hourly Rate
2 Teller II $33,341 $16
3 Universal Banker $33,341 $16
4 Universal Banker II $40,378 $19
5 Accounting Specialist $57,226 $28
6 Accounts Payable Specialist $45,578 $22
7 Banking Officer $81,594 $39
8 Branch Manager $68,330 $33
9 Community Bank President $237,016 $114
10 Customer Service Representative $35,308 $17
11 Financial Advisor $51,560 $25
12 Financial Advisor & Assistant $51,560 $25
13 Image Supervisor $114,825 $55

Hourly Pay at Bankplus

The average hourly pay at Bankplus for a Loan Officer is $29 per hour. The location, department, and job description all have an impact on the typical compensation for Bankplus positions. The pay range and total remuneration for the job title are shown in the table below. Bankplus may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $59,968 look to you?

FAQ about Salary and Jobs at Bankplus

1. How much does Bankplus pay per hour?
The average hourly pay is $29. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Bankplus?
According to the data, the highest approximate salary is about $69,207 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Bankplus?
According to the data, the lowest estimated salary is about $52,320 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.