upper level job

How much does a Loan Officer II make?

As of December 01, 2024, the average annual pay of Loan Officer II in Nashville, TN is $70,850. While Salary.com is seeing that Loan Officer II salary in Nashville, TN can go up to $83,669 or down to $54,974, but most earn between $62,540 and $77,560. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Officer II in the United States.

Loan Officer II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $77,560 $6,463 $1,492 $37
Average $70,850 $5,904 $1,363 $34
25th Percentile $62,540 $5,212 $1,203 $30

Average Salary

25% $62,540 10% $54,974 90% $83,669 75% $77,560 $70,850 50%(Median) Didn’t find job title? Click
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Salary.com provides you with accurate and diversified Loan Officer II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Loan Officer II hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Loan Officer II $67,774
Intermediate Level Loan Officer II $68,021
Senior Level Loan Officer II $68,391
Specialist Level Loan Officer II $69,255
Expert Level Loan Officer II $70,243
$67,774 0 yr
$68,021 < 2 yrs
$68,391 2-4 yrs
$69,255 5-8 yrs
$70,243 > 8 yrs
Last Updated on December 01, 2024
Entry Level 4%
Mid Level 4%
Senior Level 3%
Top Level 2%
Experienced 1%
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Last Updated on December 01, 2024

Job Openings of Loan Officer II

Salary.com job board provides millions of Loan Officer II information for you to search for. Click on search button below to see Loan Officer II job openings or enter a new job title here.

Cost of Living In Nashville, TN

Cost of Living in Nashville , TN is
3.2% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Loan Officer II

What skills does a Loan Officer II need?

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.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Customer Satisfaction: Customer satisfaction (often abbreviated as CSAT, more correctly CSat) is a term frequently used in marketing. It is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals." The Marketing Accountability Standards Board (MASB) endorses the definitions, purposes, and constructs of classes of measures that appear in Marketing Metrics as part of its ongoing Common Language in Marketing Project. In a survey of nearly 200 senior marketing managers, 71 percent responded that they found a customer satisfaction metric very useful in managing and monitoring their businesses. It is seen as a key performance indicator within business and is often part of a Balanced Scorecard. In a competitive marketplace where businesses compete for customers, customer satisfaction is seen as a key differentiator and increasingly has become a key element of business strategy.

3.

Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.

Customer Service 6.4%
Customer Satisfaction 2.48%
Mortgage Products 1.44%
Others 89.68%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Loan Officer II higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Team Operations, you can get a 26% salary raise. If you are good at Sales Training, your salary will increase by 21%. If you are expert in Leadership, your salary will rise by 8%.
Skill Salary Demand
Team Operations
$89,271
26%
Sales Training
$85,729
21%
Leadership
$76,518
8%
Lending Products
$76,518
8%
Analysis
$76,518
8%
Purchasing
$75,810
7%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Loan Officer II is $70,850 per year in Nashville, TN, updated at December 01, 2024.
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