Bank Of America Loan Officer Salary in the United States

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

What is a Bank Of America Loan Officer?

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

Understand the total compensation opportunity for a Bank Of America Loan Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
85696
107224
98306

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
93941
122896
109649
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Bank Of America Loan Officer in United States. The base salary for Bank Of America Loan Officer ranges from $$85,696 to $107,224 with the average base salary of $98,306. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $93,941 to $122,896 with the average total cash compensation of $109,649.

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85696
107224

 

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Job Openings for Bank Of America Loan Officer
PenFed Credit Union - San Antonio , TX
Summary PenFed is hiring a Manager, Consumer Direct Loan Officers in San Antonio, Texas. The primary purpose of this job is to develop and manage a team of Consumer Direct Loan Officers to be trusted ...
Pentagon Federal Credit Union - 4 days ago
PenFed Credit Union - San Antonio , TX
Summary PenFed is hiring a Consumer Direct Loan Officer in San Antonio, Texas. The primary purpose of this job is to be a trusted advisor to our members, assist with the appropriate decision of ...
Pentagon Federal Credit Union - 4 days ago
Elam Real Estate - Murfreesboro , TN
... Unique Loan Officer Position This mortgage office is located "inside" Elam Real Estate. Elam Real Estate is a very unique set up. We are run much more like a traditional business and NOT like a ...
WizeHire - 2 days ago
Kirtland Federal Credit Union -
We are currently seeking a Mortgage Loan Officer to join Kirtland Federal Credit Union. Primary Job Duties: · Responsible for creating an exceptional member experience through origination of ...
LinkedIn - 8 days ago
Lend Genie Home Loans, a division of Cardinal Financial -
Why do we need a number of additional experienced Loan Officers? Here are some of the reasons: * Lend Genie is THE PREFERRED Lender of of the fastest growing, premier real estate brokerage in Texas ...
LinkedIn - 9 days ago
Southwest Funding -
We are looking to overpay an elite loan originator to dominate the Charleston market:) Fun stuff: 1. 200bps 2. You answer directly to the CEO, if you need something you get something. 3. CRM - credit ...
LinkedIn - 8 days ago