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Loan Originator Salary at Effingham Builders Supply Inc BETA

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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
25% $31,143 10% $28,552 90% $40,716 75% $37,519 $34,006 50%(Median)
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As of October 2026, the average salary for Loan Originator at Effingham Builders Supply Inc in the United States is $34,006 per year, which is equivalent to an hourly rate of approximately $16. Most salaries for this position fall within the range of $31,143 to $37,519 annually.

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Loan Originator Salary by Experience Level at Effingham Builders Supply Inc

The following compensation progression is modeled by anchoring Effingham Builders Supply Inc's median pay against proprietary Retail & Wholesale career trajectories. This analysis estimates how Loan Originator earnings typically scale from entry-level to principal roles, reflecting the specific growth curves standard within the Retail & Wholesale sector.

Level & Experience Est. Annual Base Est. Hourly Rate Salary Progression
Starting Pay 0-1 Year (Entry) $28,157 $13.54 Baseline
Early Career 1-3 Years (Junior) $30,034 $14.44 +6.7%
Market Median 4-6 Years (Anchor) $34,006 $16.35 Average
Seasoned 7-10 Years (Senior) $33,789 $16.24 +20.0%
High Performance 10-14 Years (Lead) $35,979 $17.30 +27.8%
Top Earner 15+ Years (Expert) $40,672 $19.55 +44.4%

Is Effingham Builders Supply Inc's Loan Originator Salary Competitive?

The scorecard below provides a multi-dimensional analysis of Loan Originator compensation at Effingham Builders Supply Inc. By comparing base salary against direct industry competitors, state-level averages, and local city benchmarks.
Benchmark
Entity		 Avg. Annual Salary Est. Hourly rate
Retail & Wholesale Industry Avg. $46,231 $22.23
Effingham, IL City Avg. $42,302 $20.34
Illinois State Avg. $45,891 $22.06
National Average National Avg. $45,022 $21.65

How much does Effingham Builders Supply Inc pay for other job roles?

View detailed salary information by job role at Effingham Builders Supply Inc. This section highlights salary ranges and average pay across different job categories to help you understand potential earnings and compensation within the company.

Key Skills & Their Impact on a Loan Originator at Effingham Builders Supply Inc?

To succeed and maximize your earning potential as a Loan Originator at Effingham Builders Supply Inc, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.

Skills Level of importance Description
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.
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.
Customer Service
Customer service is the provision of service to customers before, during and after a purchase.
specimen processing
Data entry
Transcribing information into an electronic medium such as a computer or other electronic device.
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Loan Originator Career Path and Growth Opportunities

Understanding the career path for a Loan Originator can help you plan long-term professional growth. Below is a typical career progression for a Loan Originator, highlighting common next-step roles and opportunities for increased responsibility and compensation.

Base Salary $45,022
Total Compensation $52,082
Base Salary $50,476
Total Compensation $59,852
Base Salary $56,181
Total Compensation $63,722
Base Salary $45,022
Total Compensation $52,082
Base Salary $48,906
Total Compensation $53,360
Base Salary $73,340
Total Compensation $92,979
Base Salary $45,022
Total Compensation $52,082
Base Salary $54,465
Total Compensation $59,007
Base Salary $63,250
Total Compensation $73,089
Base Salary $45,022
Total Compensation $52,082
Base Salary $50,150
Total Compensation $62,121
Base Salary $63,349
Total Compensation $72,881

Effingham Builders Supply Inc Overview

Website
www.effbuilderssupply.com
Founded In
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
100 E Evergreen Ave Effingham Illinois IL 62401
Revenue
$5 Million - $10 Million
Phone Number
+1 2173470561
Social Media
About Effingham Builders Supply Inc
Providing value in materials and services since 1939, Effingham Builders Supply, Inc. has been a leader in customer satisfaction, serving the residential builder or remodeler as well as the commercial contractor and architect. Visit our showroom at 100 E. Evergreen, Effingham, IL. We know our products and service what we sell. See why we say, "Quality Backed with Service." Get real value from full

Companies Similar to Effingham Builders Supply Inc

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FAQ about Salary and Jobs at Effingham Builders Supply Inc

FAQ 1: How much does Effingham Builders Supply Inc pay per hour?
The average hourly pay is $16. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
FAQ 2: What is the highest salary at Effingham Builders Supply Inc?
According to the data, the highest approximate salary is about $37,519 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
FAQ 3: What is the lowest pay at Effingham Builders Supply Inc?
According to the data, the lowest estimated salary is about $31,143 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
FAQ 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.

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