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 $100,237 as of May 28, 2024, but the range typically falls between $84,674 and $114,212. 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 Refi Mortgage Loan Officer

New American Funding - Broadview Heights, OH

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Senior Loan Officer

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

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Mortgage Loan Officer Assistant

The Sheil Lending Team - Cincinnati, OH

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Mortgage Loan Officer

NexGoal - Cleveland, OH

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Search More Loan Officer Jobs in Columbus, Ohio
$84,674 Low Average $100,237 High $114,212
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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

 
 
 
$84,674
$114,212
$100,237

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$89,331
$124,826
$108,673
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 $84,674 to $114,212 with the average base salary of $100,237. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $89,331 to $124,826 with the average total cash compensation of $108,673.

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Job Openings for Bank Of America Loan Officer
Loan Officer Assistant/ Production Assistant
GO Mortgage - Easton , OH
Loan Officer Assistant / Production Assistant Effective Date: 5/10/2024 FLSA Status: Non - Exempt Employment Type: Regular Corp. FT/PT Status: Full-Time The Loan Officer Assistant/Production ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 28 days ago
Senior Loan Officer
Lee Wealth Group Mortgage - Columbus , OH
We are seeking an experienced mortgage loan officer with strong marketing, communication, and analysis skills to join our team and assist loan applicants in securing the ideal mortgage for their new ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 23 days ago
Mortgage Loan Officer - Northwest, OH
On The Money Talent Acquisition Partners - Toledo , OH
We are searching for licensed loan officers throughout the NW Ohio area to join this dynamic organization. • Aggressive, industry leading, flexible Basis Point Compensation • Marketing budget • ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 15 days ago
Mortgage Loan Originator
Pioneer Mortgage Funding, Inc. - Cleveland , 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 - 5 days ago
Reverse Mortgage Originator Development Program
Mutual of Omaha Mortgage - Dayton , OH
Our leading-edge compensation package sees our Loan Officers on average, earning $150,000 annually with the potential for more * Hourly market-based non-recoverable draw of $11.54 - $18.69 plus ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 44 days ago
Post Closing Officer
M/I Homes - Columbus , OH
... Officer to work at our corporate office, located in Columbus, Ohio (Easton Town Center). Job ... Monitors receipt of and performs full audit of closed mortgage loan documentation to ensure ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 67 days ago

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