How Much Does a Direct Lending Loan Officer Make in Richmond, VA?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Direct Lending Loan Officer in Richmond, VA is $70,496. While Salary.com is seeing that Direct Lending Loan Officer salary in Richmond, VA can go up to $90,102 or down to $52,529, but most earn between $61,091 and $80,759. 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
$52,994
Richmond, VA
Per Year
Lending Officer I
$50,722
Richmond, VA
Per Year
Lending Officer III
$92,441
Richmond, VA
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Lending Officer II
$73,180
Richmond, VA
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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
$102,073/yr
$80,811
$123,334
RANGE: $80,811 - $123,334
Golden Bank NA
Loan Underwriting Officer/Lending Officer
$80,699/yr
$68,011
$93,386
RANGE: $68,011 - $93,386
PANORAMA MORTGAGE GROUP
Loan Officer - Lone Peak Lending
$98,658/yr
$78,640
$118,676
RANGE: $78,640 - $118,676
Pinnacle Mortgage Corp
Senior Loan Officer- Mortgage Lending
$100,405/yr
$84,059
$116,750
RANGE: $84,059 - $116,750
Huntington National Bank
Community Lending Mortgage Loan Officer
$94,556/yr
$75,370
$113,741
RANGE: $75,370 - $113,741
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

Open Direct Lending Loan Officer Jobs in Richmond, VA

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What Does a Direct Lending Loan Officer Do?

It’s fair for consumers to question whether mortgage loan officers are acting in their best interests.
Updated November 11, 2021
Most full-time loan officers receive standard benefits like health, vacation, and access to retirement accounts.
Updated October 19, 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

Frequently Asked Questions About a Direct Lending Loan Officer Salaries

What is the average of a Direct Lending Loan Officer in Richmond, VA?

The Direct Lending Loan Officer salary range is from $61,091 to $80,759, and the average Direct Lending Loan Officer salary is $70,496/year in Richmond, VA. 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.