How Much Does a Bank Loan Officer Make in Provo, UT?

Updated January 01, 2025
As of January 01, 2025, the average annual pay of Bank Loan Officer in Provo, UT is $45,785. While Salary.com is seeing that Bank Loan Officer salary in Provo, UT can go up to $58,571 or down to $28,748, but most earn between $36,867 and $52,478. 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
$100,089
Provo, UT
Per Year
Loan Officer I
$48,660
Provo, UT
Per Year
Loan Officer III
$88,700
Provo, UT
Per Year
Loan Officer II
$70,210
Provo, UT
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
$93,132/yr
$74,236
$112,028
RANGE: $74,236 - $112,028
Utah First Credit Union
Bank Teller / Consumer Loan Processor
$41,466/yr
$37,035
$45,898
RANGE: $37,035 - $45,898
Primary Residential Branding
Loan Officer Outside Sales
$91,685/yr
$72,150
$111,220
RANGE: $72,150 - $111,220
Intercap Lending, Inc
Loan Officer Assistant
$62,533/yr
$53,849
$71,217
RANGE: $53,849 - $71,217
Churchill Mortgage Corporation NMLS # 1591
Mortgage Loan Officer / Home Loan Specialist - Bilingual
$94,993/yr
$75,719
$114,266
RANGE: $75,719 - $114,266
Mountain America Credit Union
Financial Service Representative (Loan Officer)
$101,851/yr
$84,859
$118,844
RANGE: $84,859 - $118,844
Mountain America Credit Union
Member Experience Officer (Teller/Loan Officer)
$46,129/yr
$40,194
$52,065
RANGE: $40,194 - $52,065
Mountain America Credit Union
PT - Member Experience Officer (Teller/Loan Officer)
$52,572/yr
$45,532
$59,612
RANGE: $45,532 - $59,612
Thrivent
Chief Compliance & CRA Officer - Thrivent Bank In Formation
$202,822/yr
$164,782
$240,863
RANGE: $164,782 - $240,863

Open Bank Loan Officer Jobs in Provo, UT

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What Does a Bank Loan Officer Do?

In fact, one reason why banks continue to have so many branch offices is that they need to bring loan officers face to face with potential borrowers.
Updated October 28, 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 Provo, UT?

The Bank Loan Officer salary range is from $36,867 to $52,478, and the average Bank Loan Officer salary is $45,785/year in Provo, UT. 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 $61,718 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.