How much does a Bank Of America Loan Officer make in the United States? The average Bank Of America Loan Officer salary in the United States is $98,306 as of May 13, 2019, but the range typically falls between $85,696 and $107,224. 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. View the Cost of Living in Major Cities
Loan Officers, also referred to as "Mortgage Loan Originators," are people who work for banks and other financial institutions with the main objective to recommend individual and business loan applications for approval and participate in the front end of the mortgage origination process. Loan officers specialize in commercial, consumer and mortgage loans. Although they are employed by financial institutions, they can be seen as intermediaries between lending institutions and borrowers. They solicit loans, represent creditors to borrowers, and represent borrowers to creditors....
Source: Wikipedia (as of 04/28/2019). Read more from Wikipedia
Includes base and annual incentives