Loan Officer Salary at Ibank Inc BETA

How much does an Ibank Inc Loan Officer make?

As of March 2025, the average annual salary for a Loan Officer at Ibank Inc is $64,399, which translates to approximately $31 per hour. Salaries for Loan Officer at Ibank Inc typically range from $56,100 to $74,319, 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.

iBank Inc Overview

Website:
ibank.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

iBank provides an evolutionary path for the regional banking industry who are beginning to implement this new channel. As there are no requirements for radical retooling of banking software or hardware, the cost of both time and money is minimized. iBank can be built within any bank's existing database legacy systems, with no down time for the bank. We pride ourselves on offering custom written solutions tailored to your needs.

See similar companies related to Ibank Inc

What Skills Does a person Need at Ibank Inc?

At Ibank Inc, 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

AAFMAA Mortgage Services LLC (AMS)
Virginia Beach , VA

AAFMAA Mortgage Services LLC (AMS) is looking for military oriented professionals with strong sales and customer service skills to join our team and become a Loan Officer, also known as a Mortgage Loan Originator or Military Mortgage Advisor. AMS is part of the American Armed Forces Mutual Aid Association (AAFMAA), the longest-standing not-for-profit, member-owned association which primarily serves the military community. Be part of a team that helps servicemembers, Veterans and their families get they affordable financing they need to build, buy, or refinance a home A wide range of competitively priced and affordable residential purchase and refinance mortgage products including VA Home Loans, VA High Balance mortgages, conventional mortgages, Jumbo Loans, FHA, and our own proprietary Construction Advantage 80SM and Land Advantage loans. Flexibility of choosing 1 of 2 compensation plans: Base salary + incentive/commission plan or Incentive/commission only plan (with higher payouts) An


Sponsored
3/23/2025 12:00:00 AM
New American Funding
Dallas , TX

Consumer Direct Mortgage Loan Officers receive 100% inbound calls from qualified home shoppers looking to make their next purchase. We pay top commissions, and supply the best on going training and leadership in the Call Center Industry, all focused on your success. NAF LO's have all the modern tools needed to move fast and be successful, including: Industry leading Comp Plan with super low online rates and fees. 1000's of Real Estate partners to help your borrower find a home quick, and ensure the loan closes with you. The latest and fastest CRM and LOS systems. NAF's Rapid app ensures quick and accurate 1003's from your borrower, on their cell phone Texting ability from our CRM, as well as mass voice mails to reach a group. We service our own loans, your picture and contact info stay on their mortgage coupon. All your funded clients are yours to keep, you get the refinances and referrals for higher comp! Let us show you a solid plan for ensuring a repeat and stable business plan to s


Sponsored
3/21/2025 12:00:00 AM
CX Mortgage
Columbus , OH

Job Description Job Description Join Our Team Want to work for a company that support's you and your customers? Looking to have a full suite of QM and Non-QM types of products available to offer? Want cutting edge technology that informs your customers and realtors in real-time? Maybe you want the opportunity to manage your own team? Are you licensed in the state of Ohio, Florida, or Alabama? THEN CX MORTGAGE IS THE PLACE FOR YOU! Company Description CX Mortgage is a dynamic mortgage broker that uses innovative technology to provide comprehensive mortgage financing solutions. Our goal is to match borrowers with the best loan product to fit their budget and help them achieve their homeownership dreams. We work with a dozen lenders to ensure we have products and pricing to compete in this industry. We are committed to delivering exceptional customer experiences and ensuring on-time closings. Join our team and be a part of our mission to redefine the mortgage lending industry. Role Descri


Sponsored
3/21/2025 12:00:00 AM
9 Line Agency
Austin , TX

Mortgage Loan Officer – Semi-Remote | Austin & San Antonio, TX Full-Time | 100% Commission | Benefits Included Are you a motivated loan officer looking for a high-growth opportunity with a steady stream of leads and full marketing support? We’re building a powerhouse mortgage sales team that will take over company-generated leads while having the freedom to build their own business. As part of our team, you’ll receive high-quality, pre-screened leads (50-500 per month) with a focus on VA, DSCR, New construction and Non-QM loans, and the traditional loans as well. Our system is designed to help loan officers scale their pipeline without the headache of marketing, CRM management, or lead generation. What We Offer: ✅ High-Quality Leads: Company-driven purchase and refinance leads focused on VA, DSCR, and Non-QM. ✅ Top-Tier Marketing Support: We build your social media presence, run paid ads at no cost to you, and provide custom content, flyers, and a social media creation space. ✅ Full Ba


Sponsored
3/21/2025 12:00:00 AM
Vision Home Mortgage
Las Vegas , NV

Join Vision Home Mortgage – Where Work Feels Like Fun! At Vision Home Mortgage, we believe work should be exciting, rewarding, and—most importantly—fun! We’re a women-owned, locally operated brokerage with 25 years in business and 60+ years of combined leadership experience in Las Vegas. Our owners are hands-on, in-office, and committed to helping you succeed. Here, you’re not just a number. You’ll have the freedom to build your business your way—no micromanaging, no rigid quotas, no corporate red tape. Whether you’re a seasoned pro or just starting out, we provide the support, flexibility, and tools to help you thrive. We are also licensed in multiple states including: NV, CA, CO, IN, NC, and soon to be AZ! We are ready to help you get licensed in multiple states. If you're ready to expand your reach, make more money, and grow with a company that supports you, let’s talk! The Role We’re hiring Mortgage Loan Officers (full-time or part-time) who want to take control of their careers. W


Sponsored
3/21/2025 12:00:00 AM
Sandia Laboratory Federal Credit Union
Farmington , NM

Job Type Full-time Description Job Summary: Originates, reviews, and evaluates SLFCU mortgage loan applications and makes recommendations; counsel's members regarding appropriate financial planning and practices; provides members with superior quality of service that are in line with SLFCU core values. Essential Job Duties: Main responsibilities: Interview and process mortgage loan requests by appointment, web application, phone, and walk-in. Evaluate credit worthiness. Analyze supporting documentation (e.g. paystubs, W-2's, tax returns, asset documents, etc). Use credit reports and supporting documentation to verify accuracy of application. Review purchase agreements, warranty deeds, real estate contracts and other property related documentation provided by the borrower or real estate professional. Disclose loan applications accurately, and in a timely manner, remaining in compliance with all State and Federal Regulations. Provide sound reasoning for approval or denial of the loan app


Sponsored
3/21/2025 12:00:00 AM
United Trust Bank LLC
Tampa , FL

Job Description Job Description United Trust Bank is committed to taking care of our customers financial needs and providing solutions that are tailored to those needs. We are devoted to exceptional service helping our neighbors, local community, and those nationwide. UTB has a wonderful opportunity for highly motivated and skilled individuals to join our mortgage team. Additional information about United Trust Bank may be found at https://www.utbhome.com/ We are growing our Apollo Beach, FL location and have an immediate need for a Mortgage Loan Officer. This is not a remote position. What’s in it for you? Competitive compensation package with industry leading commission rates Unlimited income potential, no cap on commission - 6 Figure Earning Potential - hourly plus commission Ability to lend in all 50 states without individual state licensing Benefits include: Medical, Dental, Vision, Life, long and short-term disability insurance 401k Match Responsibilities: Engage in exploratory q


Sponsored
3/20/2025 12:00:00 AM
NEXA Mortgage
Troy , MI

***HIRING LICENSED LOAN ORIGINATORS & BRANCH TEAMS*** NEXA Mortgage, LLC is a Broker licensed in 48 states + DC & PR. NEXA is the #1 Broker in the nation with 2700+ LOs because of its industry leading technology and support structure. We are a Zoom-based company well before zoom was a thing.. NEXA is a fast-pivoting & fully transparent company where NEW and SEASONED Loan Originators thrive. Why join NEXA? Here are just a few distinguishable reasons: ✅NEXA 100 - 100% of your comp! - 24hr-48hr payroll processing after close ✅More Control over your Business - LPC or BPC ✅270+ Wholesale Direct Lenders ✅Incentivized Processing Partners - paid only if the loan closes ✅No Middle management - no bps haircuts ✅Live Video Support - face to face with lenders, scenario coaches, processors, vendors, corporate support etc. ✅NEXA University/NEXA Drive - business growth for the seasoned LO/branch team ✅NEXA Academy - Instructor-lead, production driven program for the new LO ✅A Leadership Team and Busi


Sponsored
3/19/2025 12:00:00 AM

Check more jobs information at Ibank Inc

Job Title Average Ibank Inc Salary Hourly Rate
2 Business Specialist $68,932 $33
3 Senior Developer $110,962 $53
4 Account Manager $79,664 $38
5 Accountant $88,788 $43
6 Assistant $54,133 $26
7 Chief Technology Officer $298,786 $144
8 Corporate Manager $284,852 $137
9 Credit Officer $237,526 $114
10 Manager $110,432 $53
11 Managing Director $833,083 $401
12 Vice President, Operations $317,003 $152
13 Voice Network Engineer $77,439 $37

Hourly Pay at Ibank Inc

The average hourly pay at Ibank Inc for a Loan Officer is $31 per hour. The location, department, and job description all have an impact on the typical compensation for Ibank Inc positions. The pay range and total remuneration for the job title are shown in the table below. Ibank Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $64,399 look to you?

FAQ about Salary and Jobs at Ibank Inc

1. How much does Ibank Inc pay per hour?
The average hourly pay is $31. 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 Ibank Inc?
According to the data, the highest approximate salary is about $74,319 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 Ibank Inc?
According to the data, the lowest estimated salary is about $56,100 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.