Loan Officer Salary

Loan Officer Salary

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As of May 2026, the average annual salary for employees at Loan Officer in the United States is $87,601. This translates to an approximate hourly wage of $42. Salaries at Loan Officer typically range from $76,836 to $99,271 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Loan Officer Pay for Different Roles?

Explore detailed salary information for specific jobs at Loan Officer. Based on our data, the highest paying job is the Banker, with an annual salary of $81,837. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Loan Officer

Ready for your next career move? Explore current job openings at Loan Officer. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Loan Officer’s Pay Competitive? Salary Benchmarking Analysis

How does Loan Officer's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Lakes Commercial Finance $86,103
-1.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Northstar Funding Inc $107,094
+22.3%
Reflects structural premiums typical of Northstar Funding Inc's large-cap national operations.
Remington Federal Credit Union $86,019
-1.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Ayers Financial Services $82,485
-5.8%
Normalized for lower cost-of-living zones where Ayers Financial Services primarily operates.
Financial Services Industry $121,514
+38.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Loan Officer's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Loan Officer. Click a company name to learn more.

Employee Reviews: Working at Loan Officer

Considering a career at Loan Officer? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
High-performing culture with accountability. it’s professional and efficient, which some may prefer. I am impressed with the company’s dedication to diversity and inclusion, creating a respectful and supportive workplace. The culture emphasizes teamwork and open communication, making collaboration enjoyable.
Commented in May 31, 2025
27
1
Workload varies significantly between teams. Employees seeking creative problem-solving and rapid career growth might find the environment restrictive. Work equipment is high-quality and reliable. Ideal for those who enjoy consistency and prefer working within defined boundaries.
Commented in October 12, 2024
22
1
The technology and data analytics tools we use are state-of-the-art, enhancing both efficiency and client outcomes. The work environment is professional but can feel rigid. The company ensures steady employment with standard benefits, though the work can be repetitive.
Commented in June 15, 2024
30
2

Loan Officer Overview

Website
www.loanofficernow.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Location
Revenue
<$5 Million
Phone Number
-
Social Media
About Loan Officer
3 secrets to change your understanding about the LOAN BUSINESS! In this Free webinar, We Will Take You By The Hand To Show You The Paint By Numbers process, Techniques & Methods - Absolutely Free! Reserve your seat and receive three videos detailing amazing money making secrets of some of the Best Loan Officers in the biz! Dee interviews two MA Top Originators on how they originated $300,000,000 c

What Benefits Does Loan Officer Offer Beyond Salary?

A competitive compensation package is more than just a salary. Loan Officer offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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FAQs of Loan Officer

1. What is the typical salary range (low to high) for most roles at Loan Officer?

The typical annual salary range for most roles at Loan Officer is approximately from $76,836 to $99,271. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Loan Officer pay compared to Lakes Commercial Finance?

The average annual salary at Loan Officer is $87,601, or an hourly wage of $42, in comparison to Lakes Commercial Finance which pays $86,103 per year or $41 per hour.

3. Do salaries differ significantly between departments at Loan Officer?

Yes, salaries often differ between departments at Loan Officer due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Loan Officer?

Experience level is a significant factor in determining salary at Loan Officer, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. What are the key factors that influence salary levels at Loan Officer?

Several key factors influence salary levels at Loan Officer. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Loan Officer likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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