How Much Does a Bank Loan Officer Make in Utah?

Updated May 28, 2024
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Individually reported data submitted by users of our website

Normal Confidence
$46,104/yr
Average Base Pay
Low $37,123
Average $46,104
High $52,844
The average salary for Bank Loan Officer is $46,104 per year in Utah.
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Related Job Titles to Bank Loan Officer

Bank Of America Loan Officer
$100,237
Utah
Per Year
Loan Officer I
$52,640
Utah
Per Year
Loan Officer III
$95,400
Utah
Per Year
Loan Officer II
$73,300
Utah
Per Year

Similar Job Salaries to Bank Loan Officer by Company

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Company average base salary in (usd) range
First Utah Bank
Loan Officer
$106,859/yr
$87,214
$126,504
RANGE: $87,214 - $126,504
Low VA Rates
Loan Officer
$85,425/yr
$70,740
$100,110
RANGE: $70,740 - $100,110
Veritas Funding
Loan Officer
$77,501/yr
$64,514
$90,487
RANGE: $64,514 - $90,487
CCBank
Commercial Loan Officer
$91,767/yr
$76,559
$106,975
RANGE: $76,559 - $106,975
Dunmor
Private Money Loan Officer
$72,343/yr
$60,839
$83,847
RANGE: $60,839 - $83,847
Intercap Lending, Inc.
Loan Officer Assistant
$44,313/yr
$38,888
$49,737
RANGE: $38,888 - $49,737
First Utah Bank
Loan Review Officer
$55,870/yr
$47,134
$64,606
RANGE: $47,134 - $64,606

Open Bank Loan Officer Jobs in Utah

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Top 10 Highest Paying Cities For Bank Loan Officer Jobs in Utah

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 Utah. 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 Utah. Saint George takes first place in this list, followed by Salt Lake City, Sandy. The Bank Loan Officer salary is $48,188 in Saint George, which is lower than the national average. There is 0 city's Bank Loan Officer salary higher than national average in Utah.
The average salary for a Bank Loan Officer in Utah is $46,104, but we found that the city with the highest salary for Bank Loan Officer jobs is Saint George, UT, and it is higher than Salt Lake City. Bank Loan Officer jobs in Saint George can have the opportunity to earn higher salaries than in other cities in Utah.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Saint George $48,188 $4,016 $927 $23
Salt Lake City $47,025 $3,919 $904 $23
Sandy $46,928 $3,911 $902 $23
West Jordan $46,879 $3,907 $902 $23
South Jordan $46,831 $3,903 $901 $23
Ogden $45,522 $3,794 $875 $22
Layton $45,377 $3,781 $873 $22
Provo $45,134 $3,761 $868 $22
Orem $45,134 $3,761 $868 $22
Lehi $44,940 $3,745 $864 $22

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 Utah?

The Bank Loan Officer salary range is from $37,123 to $52,844, and the average Bank Loan Officer salary is $46,104/year in Utah. 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 $60,841 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.