How Much Does a Bank Loan Officer Make in Durham, NC?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Bank Loan Officer in Durham, NC is $47,799. While Salary.com is seeing that Bank Loan Officer salary in Durham, NC can go up to $61,145 or down to $30,008, but most earn between $38,486 and $54,785. 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
Bank Of America Loan Officer
$100,576
Durham, NC
Per Year
Loan Officer I
$50,860
Durham, NC
Per Year
Loan Officer III
$92,700
Durham, NC
Per Year
Loan Officer II
$73,380
Durham, NC
Per Year
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Similar Job Salaries to Bank Loan Officer by Company

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Company average base salary in (usd) range
$90,433/yr
$71,598
$109,269
RANGE: $71,598 - $109,269
$57,038/yr
$49,207
$64,869
RANGE: $49,207 - $64,869
$95,973/yr
$76,502
$115,445
RANGE: $76,502 - $115,445
$67,769/yr
$57,658
$77,880
RANGE: $57,658 - $77,880
$90,166/yr
$71,873
$108,459
RANGE: $71,873 - $108,459
AgCarolina Farm Credit
Loan Officer
$83,799/yr
$68,378
$99,221
RANGE: $68,378 - $99,221
$92,528/yr
$73,756
$111,300
RANGE: $73,756 - $111,300
New American Funding
Loan Officer
$68,475/yr
$58,258
$78,691
RANGE: $58,258 - $78,691

Open Bank Loan Officer Jobs in Durham, NC

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What Does a Bank Loan Officer Do?

The loan officer then passes the application along to the institution’s underwriter, who assesses the creditworthiness of the potential borrower.
Updated November 23, 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
This is why banks may have several branches — they want to serve the potential borrowers in various areas who want to meet face-to-face with a loan officer.
Updated December 20, 2021

Frequently Asked Questions About a Bank Loan Officer Salaries

What is the average of a Bank Loan Officer in Durham, NC?

The Bank Loan Officer salary range is from $38,486 to $54,785, and the average Bank Loan Officer salary is $47,799/year in Durham, NC. 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 $61,970 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.