How much does a Loan Officer III make in Reno, NV?
As of April 01, 2025, the average annual salary for a Loan Officer III in Reno, NV is $94,400. According to Salary.com, salaries can range from a low of $80,072 to a high of $114,269, with most professionals earning between $86,900 and $104,800.
How much does a Loan Officer III make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Officer III salary data based on specialized databases to help you get a fairer salary.
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Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$104,800 |
$8,733 |
$2,015 |
$50 |
Average |
$94,400 |
$7,867 |
$1,815 |
$45 |
25th Percentile |
$86,900 |
$7,242 |
$1,671 |
$42 |
Last Updated on April 01, 2025
How Does Experience Level Affect a Loan Officer III's Salary?
An entry-level Loan Officer III with under 1 year experience makes about $91,921.
With less than 2 years of experience, a mid-level Loan Officer III makes around $92,145.
After 2-4 years, the Loan Officer III pay rises to about $92,482.
Those senior Loan Officer III with 5-8 years of experience earn roughly $93,042, and those Loan Officer III having 8 years or more experience are expected to earn about $93,828 on average.
Levels |
Salary |
Entry Level Loan Officer III
|
$91,921
|
Intermediate Level Loan Officer III
|
$92,145
|
Senior Level Loan Officer III
|
$92,482
|
Specialist Level Loan Officer III
|
$93,042
|
Expert Level Loan Officer III
|
$93,828
|
$91,921
0 yr
$92,145
< 2 yrs
$92,482
2-4 yrs
$93,042
5-8 yrs
$93,828
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
3%
|
Mid Level
|
2%
|
Senior Level
|
2%
|
Top Level
|
1%
|
Experienced
|
1%
|
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Last Updated on April 01, 2025