Mortgage Loan Officer III Salary in the United States

Mortgage Loan Officer III Salary

How much does a Mortgage Loan Officer III make in the United States? The average Mortgage Loan Officer III salary in the United States is $76,545 as of April 27, 2020, but the range typically falls between $66,978 and $97,664. 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. 

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Salary Salary + Bonus Benefits
25% $66,978 10% $58,268 90% $116,892 75% $97,664 $76,545 50%(Median)
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Job Description for Mortgage Loan Officer III

Mortgage Loan Officer III 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 III assists buyers in the purchase process through closing. Requires a bachelor's degree. Additionally, Mortgage Loan Officer III typically reports to a manager or head of a unit/department. The Mortgage Loan Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Mortgage Loan Officer III typically requires 4 to 7 years of related experience. (Copyright 2020 Salary.com)... View full job description

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Job Openings for Mortgage Loan Officer III

Career Path for Mortgage Loan Officer III

Mortgage Loan Officer III
Top Mortgage Executive
Those that have already made the climb...
Pamela J. Shelley-Kessler, Executive Vice President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
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
Fiscal Year Ended in 2018
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Mortgage Loan Officer III Pay Difference by Location

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%

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Understand the total compensation opportunity for a Mortgage Loan Officer III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
66978
97664
76545

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
79304
119071
94855
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Officer III in the United States. The base salary for Mortgage Loan Officer III ranges from $66,978 to $97,664 with the average base salary of $76,545. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $79,304 to $119,071 with the average total cash compensation of $94,855.
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66978
97664

 

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Skills associated with Mortgage Loan Officer III: Lending Regulatory Compliance, Loan Software, Loan Origination, New Business Development

Recently searched related titles: Senior Loan Officer

Recently searched companies with related titles : Wells Fargo Mortgage Loan Consultant

Salary estimation for Mortgage Loan Officer III at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

Jobs with a similar salary range to Mortgage Loan Officer III : Partner Development Manager, Data Manager