Bank Of America Loan Officer Salary in the United States

How much does a Loan Officer make at companies like Bank Of America in the United States? The average salary for Loan Officer at companies like Bank Of America in the United States is $99,735 as of March 26, 2024, but the range typically falls between $84,253 and $113,642. 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

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What does a Loan Officer do at companies like Bank Of America?

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

See user submitted job responsibilities for Loan Officer.

Check out Loan Officer jobs in Columbus, Ohio

Senior Loan Officer

Synergy One Lending, Inc. NMLS #1907235 - Chagrin Falls, OH

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Mortgage Loan Officer

Primary Residential Mortgage - Cincinnati, OH

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Mortgage Loan Assistant

RemX - Cleveland, OH

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Sr. Corporate Loan Processor

CrossCountry Mortgage, LLC. - Cleveland, OH

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Search More Loan Officer Jobs in Columbus, Ohio
$84,253 Low Average $99,735 High $113,642
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View Loan Officer Hourly Wages

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

Average Base Salary

Core compensation

 
 
 
$84,253
$113,642
$99,735

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$88,887
$124,203
$108,131
These charts show the average base salary (core compensation), as well as the average total cash compensation for Loan Officer in companies like Bank Of America in the United States. The base salary for Loan Officer in companies like Bank Of America range from $84,253 to $113,642 with the average base salary of $99,735. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $88,887 to $124,203 with the average total cash compensation of $108,131.

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Job Openings for Bank Of America Loan Officer
Member Service Representative III (Loan Officer)
Education First Credit Union - Columbus , OH
The MSR III (Loan Officer) assists new and existing members with their financial needs, opens and closes various types of accounts, processes transactions, resolves account problems, processes loan ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 14 days ago
Agency Banking Comm Loan Officer 2
Westfield Bank - Westfield Center , OH
Mike Wagar Agency Banking Commercial Loan Officer 2 Job Summary The Agency Banking Commercial Loan Officer 2 is responsible for representing Westfield Bank to potential external customers for the ...
ZipRecruiter - 39 days ago
Loan Officer Assistant
M/I Homes - Columbus , OH
State of Texas Loan Officer License required for Texas employees (can be obtained after hire). Skills and Abilities: Customer-service oriented with good verbal and written communication skills for ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 42 days ago
Mortgage Loan Officer
Lee Wealth Group Mortgage - Columbus , OH
We are a tight-knit group of lending professionals seeking an experienced and detail-oriented mortgage loan officer. If you are looking to take the next step in your career, apply now! Compensation ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 58 days ago
Mortgage Loan Processor
UNIFIED BANK - Martins Ferry , OH
Performs all tasks necessary to take a residential or consumer loan application from the point where the application package is delivered by the loan officer, to the point where the loan is closed
ZipRecruiter - 37 days ago
eMember Service Specialist
Sun Federal Credit Union - Maumee , OH
Cross-sells and refers members to consumer or mortgage loan officers, Wealth Management, or other business partners based on member needs over electronic communication (online, email, phone and or ...
ZipRecruiter - 14 days ago

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