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Hourly Wage for Entry Lending Officer Salary in the United States

Hourly Wage for Entry Lending Officer Salary

How much does a Entry Lending Officer make hourly in the United States? The average hourly wage for a Entry Lending Officer in the United States is $26 as of March 26, 2024, but the range typically falls between $23 and $29. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Entry Lending Officer Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Entry Lending Officer Salary $20 US March 26, 2024
25th Percentile Entry Lending Officer Salary $23 US March 26, 2024
50th Percentile Entry Lending Officer Salary $26 US March 26, 2024
75th Percentile Entry Lending Officer Salary $29 US March 26, 2024
90th Percentile Entry Lending Officer Salary $32 US March 26, 2024
25% $23 10% $20 90% $32 75% $29 $26 50%(Median) Didn’t find job title? Click
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Job Description

The Entry Lending Officer is responsible for approving complex loans and supporting credit team with structuring and pricing simpler loans. Oversees lending activity for a market vertical and/or geographic area. Being an Entry Lending Officer requires a bachelor's degree of finance or related field. Assess risk and ensures adherence to bank credit policies and procedures. In addition, Entry Lending Officer typically reports to top management. Entry Lending Officer is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Working as an Entry Lending Officer typically requires 7+ years of related experience. (Copyright 2024 Salary.com)

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Career Path for this job

  1. This Job:

    Entry Lending Officer

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Intermediate Lending Officer

    2 - 4 years experience
    Bachelor's Degree

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Understand the total hourly compensation opportunity for an Entry Lending Officer, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
23
29
26

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
23
31
27
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Entry Lending Officer in the United States. The average hourly rate for Entry Lending Officer ranges from $23 to $29 with the average hourly pay of $26. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $23 to $31 with the average total hourly cash compensation of $27.
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23
29

 

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