Bank Loan Officer Salaries in Alabama
How Much Does a Bank Loan Officer Make in Alabama?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Bank Loan Officer in Alabama is $45,333.
While Salary.com is seeing that Bank Loan Officer salary in AL can go up to $57,997
or down to $28,474, but most earn between $36,508 and $51,962.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Bank Loan Officer
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Similar Job Salaries to Bank Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Jobot
Loan Officer
|
$95,443/yr
|
RANGE: $78,704 - $112,183
|
|
Paramount Residential Mortgage Group
Loan Officer
|
$87,097/yr
|
RANGE: $68,962 - $105,231
|
|
Availa Bank
Bank Loan Officer
|
$69,849/yr
|
RANGE: $56,317 - $83,381
|
|
Satori Mortgage (NMLS: 4190)
Experienced Mortgage Loan Officer
|
$89,773/yr
|
RANGE: $71,567 - $107,978
|
|
United Bank of Southwest AL & Northwest FL
Loan Operations Officer
|
$69,093/yr
|
RANGE: $57,957 - $80,229
|
|
First South Farm Credit
Loan Officer Assistant
|
$80,914/yr
|
RANGE: $64,793 - $97,036
|
|
Valley Lending
Mortgage Loan Officer (200BPS)
|
$89,773/yr
|
RANGE: $71,567 - $107,978
|
|
TEL Staffing & HR
Mortgage Loan Officer
|
$89,773/yr
|
RANGE: $71,567 - $107,978
|
Top 10 Highest Paying Cities For Bank Loan Officer Jobs in Alabama
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Bank Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Bank Loan Officer job salaries in Alabama.
Some cities can pay higher salaries for Bank Loan Officer jobs, which can indicate that there is a large demand for Bank Loan Officer positions in this city.
The following table shows top 10 cities where the Bank Loan Officer salary is higher than other cities in Alabama.
Huntsville takes first place in this list, followed by Madison, Gadsden.
The Bank Loan Officer salary is $47,765 in Huntsville,
which is lower than the national average. There is 0 city's Bank Loan Officer salary higher than national average in Alabama.
The average salary for a Bank Loan Officer in Alabama is $45,333,
but we found that the city with the highest salary for Bank Loan Officer jobs is Huntsville, AL, and it is higher than Madison.
Bank Loan Officer jobs in Huntsville can have the opportunity to earn higher salaries than in other cities in Alabama.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Huntsville | $47,765 | $3,980 | $919 | $23 |
| Madison | $47,765 | $3,980 | $919 | $23 |
| Gadsden | $46,478 | $3,873 | $894 | $22 |
| Tanner | $46,275 | $3,856 | $890 | $22 |
| Decatur | $46,068 | $3,839 | $886 | $22 |
| Birmingham | $45,979 | $3,832 | $884 | $22 |
| Tuscaloosa | $45,619 | $3,802 | $877 | $22 |
| Mobile | $44,963 | $3,747 | $865 | $22 |
| Montgomery | $43,808 | $3,651 | $842 | $21 |
| Prattville | $43,808 | $3,651 | $842 | $21 |
What Does a Bank Loan Officer Do?
A licensed loan officer is required to obtain a mortgage, but what does a loan officer do? Why is working with a loan officer necessary, and what is their role in the mortgage loan process.
Updated November 30, 2021
Because regulations are so strict, loan officers must be highly knowledgeable about the lending process and the banking industry.
Updated November 12, 2021
Except for consumer loan officers, who spend most of their time in offices, these workers may travel to visit clients.
Updated December 22, 2021
If you can meet with or speak to a loan officer, you can make your case for loan approval to a human being rather than a machine.
Updated December 22, 2021
If the underwriter approves your loan, your loan officer will then collect and prepare the appropriate loan closing documents.
Updated December 20, 2021
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Explore JobArchitectFrequently Asked Questions About a Bank Loan Officer Salaries
What is the average of a Bank Loan Officer in Alabama?
The Bank Loan Officer salary range is from $36,508 to $51,962, and the average Bank Loan Officer salary is $45,333/year in Alabama.
The Bank Loan Officer's salary will change in different locations.
Which location pays the highest Bank Loan Officer salary in the United States?
The Bank Loan Officer salary in San Jose, CA is $62,238
which is the highest in the US.
What kinds of reasons will influence the Bank Loan Officer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Bank Loan Officer.
What is the growth rate of the Bank Loan Officer's salary?
If you are thinking of becoming a Bank Loan Officer or planning the next step in your career, find the detailed salary report of a Bank Loan Officer.
