How much does a Mortgage Loan Officer II make in the United States? The average Mortgage Loan Officer II salary in the United States is $53,513 as of April 26, 2022, but the range typically falls between $38,365 and $79,902. Salary ranges 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.
Mortgage Loan Officer II solicits and services a variety of residential mortgage loans. Interviews applicants, collects financial data and documents, and makes recommendations regarding the loan products that best meet the borrower's needs. Being a Mortgage Loan Officer II assists buyers in the purchase process through closing. Requires a bachelor's degree. Additionally, Mortgage Loan Officer II typically reports to a manager or head of a unit/department. The Mortgage Loan Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Mortgage Loan Officer II typically requires 2 to 4 years of related experience. (Copyright 2022 Salary.com)... View full job description
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Most mortgage companies want a loan officer to have at least two or more years experience originating loans and many mortgage companies will require a minimum monthly production for the past 12 months.
December 17, 2019
Mortgage Loan Officer II in Memphis, TN
Some loan officers work only in the bank’s branch to service the mortgage needs of the bank’s customers.
Browse Related Job Categories With Mortgage Loan Officer II
Take just three simple steps below to generate your own personalized salary report
Step 1 of 3
Understand the total compensation opportunity for a Mortgage Loan Officer II, base salary plus other pay elements
Average Base Salary
Average Total Cash Compensation
Includes base and annual incentives
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Officer II in the United States. The base salary for Mortgage Loan Officer II ranges from $38,365 to $79,902 with the average base salary of $53,513. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $70,062 to $120,514 with the average total cash compensation of $96,021.