How much does a Loan Officer II make in Montgomery, AL?
As of March 01, 2025, the average annual salary for a Loan Officer II in Montgomery, AL is $67,310. Salary.com reports that pay typically ranges from $59,420 to $73,680, with most professionals earning between $52,237 and $79,480.
How much does a Loan Officer II make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Officer II salary data based on specialized databases to help you get a fairer salary.
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Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$73,680 |
$6,140 |
$1,417 |
$35 |
Average |
$67,310 |
$5,609 |
$1,294 |
$32 |
25th Percentile |
$59,420 |
$4,952 |
$1,143 |
$29 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Loan Officer II's Salary?
An entry-level Loan Officer II with under 1 year experience makes about $63,889.
With less than 2 years of experience, a mid-level Loan Officer II makes around $64,122.
After 2-4 years, the Loan Officer II pay rises to about $64,471.
Those senior Loan Officer II with 5-8 years of experience earn roughly $65,285, and those Loan Officer II having 8 years or more experience are expected to earn about $66,216 on average.
Levels |
Salary |
Entry Level Loan Officer II
|
$63,889
|
Intermediate Level Loan Officer II
|
$64,122
|
Senior Level Loan Officer II
|
$64,471
|
Specialist Level Loan Officer II
|
$65,285
|
Expert Level Loan Officer II
|
$66,216
|
$63,889
0 yr
$64,122
< 2 yrs
$64,471
2-4 yrs
$65,285
5-8 yrs
$66,216
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
5%
|
Mid Level
|
5%
|
Senior Level
|
4%
|
Top Level
|
3%
|
Experienced
|
2%
|
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Last Updated on March 01, 2025