How Much Does a Direct Lending Loan Officer Make in Indiana?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Direct Lending Loan Officer in Indiana is $70,024. While Salary.com is seeing that Direct Lending Loan Officer salary in IN can go up to $89,502 or down to $52,178, but most earn between $60,683 and $80,220. 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
Consumer Direct Loan Officer
$52,702
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Lending Officer III
$90,363
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Lending Officer I
$50,486
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Lending Officer II
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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
LIBERTY FEDERAL CREDIT UNION
Direct Lending Underwriter
$83,662/yr
$76,061
$91,263
RANGE: $76,061 - $91,263
$71,012/yr
$63,813
$78,210
RANGE: $63,813 - $78,210
Kamal Fincap Pvt. Ltd.
Loan Officer
$58,892/yr
$53,115
$64,668
RANGE: $53,115 - $64,668
Jobot
Loan Officer
$74,616/yr
$67,052
$82,180
RANGE: $67,052 - $82,180
City National Bank
Residential Lending Loan Officer
$83,169/yr
$74,023
$92,315
RANGE: $74,023 - $92,315
CFBank
CRA Mortgage Loan Officer
$74,616/yr
$67,052
$82,180
RANGE: $67,052 - $82,180
First Savings Bank
Commercial Loan Officer
$92,783/yr
$81,167
$104,399
RANGE: $81,167 - $104,399
LIBERTY FEDERAL CREDIT UNION
Consumer Loan Officer
$60,428/yr
$53,811
$67,045
RANGE: $53,811 - $67,045
First Farmers Bank and Trust Company
Commercial Loan Officer
$61,782/yr
$54,883
$68,681
RANGE: $54,883 - $68,681
Horizon Bank
Commercial Loan Officer
$94,832/yr
$83,204
$106,461
RANGE: $83,204 - $106,461

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Top 10 Highest Paying Cities For Direct Lending Loan Officer Jobs in Indiana

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Direct Lending 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 Direct Lending Loan Officer job salaries in Indiana. Some cities can pay higher salaries for Direct Lending Loan Officer jobs, which can indicate that there is a large demand for Direct Lending Loan Officer positions in this city.
The following table shows top 10 cities where the Direct Lending Loan Officer salary is higher than other cities in Indiana. Hammond takes first place in this list, followed by Gary, Indianapolis. The Direct Lending Loan Officer salary is $72,548 in Hammond, which is lower than the national average. There is 0 city's Direct Lending Loan Officer salary higher than national average in Indiana.
The average salary for a Direct Lending Loan Officer in Indiana is $70,024, but we found that the city with the highest salary for Direct Lending Loan Officer jobs is Hammond, IN, and it is higher than Gary. Direct Lending Loan Officer jobs in Hammond can have the opportunity to earn higher salaries than in other cities in Indiana.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Hammond $72,548 $6,046 $1,395 $35
Gary $72,548 $6,046 $1,395 $35
Indianapolis $70,980 $5,915 $1,365 $34
Greenwood $70,951 $5,913 $1,364 $34
Carmel $70,892 $5,908 $1,363 $34
Lafayette $70,542 $5,879 $1,357 $34
Elkhart $70,440 $5,870 $1,355 $34
Evansville $69,098 $5,758 $1,329 $33
Fort Wayne $68,054 $5,671 $1,309 $33
South Bend $67,894 $5,658 $1,306 $33

What Does a Direct Lending Loan Officer Do?

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
Such loans may be made by foreign governments to developing countries or may be offered to employees of lending institutions as an.
Updated December 17, 2021

Frequently Asked Questions About a Direct Lending Loan Officer Salaries

What is the average of a Direct Lending Loan Officer in Indiana?

The Direct Lending Loan Officer salary range is from $60,683 to $80,220, and the average Direct Lending Loan Officer salary is $70,024/year in Indiana. 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 $92,011 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.