Direct Lending Loan Officer Salaries in Duluth, MN
How Much Does a Direct Lending Loan Officer Make in Duluth, MN?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Direct Lending Loan Officer in Duluth, MN is $69,989.
While Salary.com is seeing that Direct Lending Loan Officer salary in Duluth, MN can go up to $89,454
or down to $52,151, but most earn between $60,652 and $80,178.
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 Direct Lending Loan Officer
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Similar Job Salaries to Direct Lending Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Pipefitters Steamfitters Credit Union
Loan Officer
|
$103,640/yr
|
RANGE: $82,611 - $124,669
|
|
Minnco Credit Union
Loan Officer
|
$97,193/yr
|
RANGE: $77,472 - $116,914
|
|
Golden Bank NA
Loan Underwriting Officer/Lending Officer
|
$80,699/yr
|
RANGE: $68,011 - $93,386
|
|
PANORAMA MORTGAGE GROUP
Loan Officer - Lone Peak Lending
|
$98,658/yr
|
RANGE: $78,640 - $118,676
|
|
Pinnacle Mortgage Corp
Senior Loan Officer- Mortgage Lending
|
$100,405/yr
|
RANGE: $84,059 - $116,750
|
|
Huntington National Bank
Community Lending Mortgage Loan Officer
|
$94,556/yr
|
RANGE: $75,370 - $113,741
|
|
Gate City Bank
Senior Mortgage Loan Officer
|
$113,179/yr
|
RANGE: $86,621 - $139,738
|
|
Northview Bank
VP/Commercial Loan Officer
|
$151,464/yr
|
RANGE: $120,456 - $182,473
|
|
Harvest Bank
Commercial Loan Officer
|
$113,661/yr
|
RANGE: $94,487 - $132,836
|
What Does a Direct Lending Loan Officer Do?
However, most loan officers assist consumers and small business owners with a wide variety of secured and unsecured loans.
Updated October 08, 2021
The BLS reports that approximately 25,000 openings for loan officers are projected each year, on average, over the decade.
Updated December 21, 2021
Our loan officers are here to support you with any questions or concerns you may have (which is what humans are actually good at).
Updated December 20, 2021
You would need to do a lot of self study and master mortgage processing since you are a new loan officer.
Updated December 20, 2021
A direct lender is a financial institution or private entity that actually provides the loan for a mortgage.
Updated December 18, 2021
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Explore JobArchitectFrequently Asked Questions About a Direct Lending Loan Officer Salaries
What is the average of a Direct Lending Loan Officer in Duluth, MN?
The Direct Lending Loan Officer salary range is from $60,652 to $80,178, and the average Direct Lending Loan Officer salary is $69,989/year in Duluth, MN.
The Direct Lending Loan Officer's salary will change in different locations.
Which location pays the highest Direct Lending Loan Officer salary in the United States?
The Direct Lending Loan Officer salary in San Jose, CA is $90,928
which is the highest in the US.
What kinds of reasons will influence the Direct Lending 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 Direct Lending Loan Officer.
What is the growth rate of the Direct Lending Loan Officer's salary?
If you are thinking of becoming a Direct Lending Loan Officer or planning the next step in your career, find the detailed salary report of a Direct Lending Loan Officer.
