How Much Does a Bank Loan Officer Make in Roanoke, VA?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Bank Loan Officer in Roanoke, VA is $45,344. While Salary.com is seeing that Bank Loan Officer salary in Roanoke, VA can go up to $58,016 or down to $28,490, but most earn between $36,522 and $51,977. 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
$99,843
Roanoke, VA
Per Year
Loan Officer I
$48,170
Roanoke, VA
Per Year
Loan Officer III
$87,800
Roanoke, VA
Per Year
Loan Officer II
$69,500
Roanoke, VA
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
$99,268/yr
$75,613
$122,922
RANGE: $75,613 - $122,922
$97,974/yr
$78,095
$117,854
RANGE: $78,095 - $117,854
Jobot
Bank Loan Officer
$108,190/yr
$89,995
$126,385
RANGE: $89,995 - $126,385
Dickinson County Bank
Loan Officer - Community Bank
$90,489/yr
$72,774
$108,204
RANGE: $72,774 - $108,204
Farm Credit
Commercial Loan Group Loan Officer/Loan Officer Trainee
$79,542/yr
$65,843
$93,242
RANGE: $65,843 - $93,242
Valley Lending
Loan Officer (200+BPS)
$88,988/yr
$70,932
$107,043
RANGE: $70,932 - $107,043
Valley Lending
Loan Officer (HIGH COMMISSION)
$108,719/yr
$86,660
$130,779
RANGE: $86,660 - $130,779
Old Dominion National Bank
CRA Mortgage Loan Officer
$88,988/yr
$70,932
$107,043
RANGE: $70,932 - $107,043
Mortgage Calculator Company LLC
Junior Loan Officer
$93,213/yr
$74,729
$111,697
RANGE: $74,729 - $111,697

Open Bank Loan Officer Jobs in Roanoke, VA

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What Does a Bank Loan Officer Do?

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
Most loan officers are employed by commercial banks, credit unions, mortgage companies, and other financial institutions.
Updated December 19, 2021

Frequently Asked Questions About a Bank Loan Officer Salaries

What is the average of a Bank Loan Officer in Roanoke, VA?

The Bank Loan Officer salary range is from $36,522 to $51,977, and the average Bank Loan Officer salary is $45,344/year in Roanoke, VA. 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 $61,587 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.