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 $79,977 as of April 26, 2022, but the range typically falls between $69,980 and $102,024. 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, helps you determine your exact pay target. 

Recently searched related titles: Senior Design Consultant, Alternative Investment Associate, Development Planner

Jobs with a similar salary range to Mortgage Loan Officer III : Search Engine Optimization Manager, Technical Writer Manager, Divisional Sales Manager

Based on HR-reported data: a national average with a geographic differential
25% $69,980 10% $60,878 90% $122,097 75% $102,024 $79,977 50%(Median)
Change Search Criteria
Check out Mortgage Loan Officer jobs in Virginia

Mortgage Loan Officer

The Freedom Bank of Virginia - Chantilly, VA

Mortgage Loan Officer Assistant

Atlantic Coast Mortgage LLC - Fairfax, VA

Mortgage Loan Officer

StraussGroup - Executive Search Consultants - Fairfax, VA

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 2022 View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Mortgage Loan Officer III.

Job Openings for Mortgage Loan Officer III

Career Path for Mortgage Loan Officer III

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
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 2020
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?'s CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average

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 III, base salary plus other pay elements

Average Base Salary

Core compensation


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 III in the United States. The base salary for Mortgage Loan Officer III ranges from $69,980 to $102,024 with the average base salary of $79,977. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $82,853 to $124,389 with the average total cash compensation of $99,098.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.



Step 3 of 3

How much should you be paid?

View the Cost of Living in Major Cities

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

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, LTC PROPERTIES INC, SILVERCREST ASSET MGT

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