How Much Does a Junior Mortgage Loan Officer Make in Indiana?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Junior Mortgage Loan Officer in Indiana is $47,623. While Salary.com is seeing that Junior Mortgage Loan Officer salary in IN can go up to $61,740 or down to $33,693, but most earn between $40,332 and $55,013. 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 Junior Mortgage Loan Officer
Mortgage Loan Officer
$48,723
Indiana
Per Year
Junior Loan Officer
$59,154
Indiana
Per Year
Mortgage Loan Officer II
$64,897
Indiana
Per Year
Mortgage Loan Officer III
$92,487
Indiana
Per Year
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Similar Job Salaries to Junior Mortgage Loan Officer by Company

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Company average base salary in (usd) range
Centier Bank
Mortgage Loan Officer
$97,980/yr
$78,110
$117,849
RANGE: $78,110 - $117,849
CFBank
CRA Mortgage Loan Officer
$95,861/yr
$76,421
$115,302
RANGE: $76,421 - $115,302
centier
Mortgage Loan Officer
$52,268/yr
$44,700
$59,836
RANGE: $44,700 - $59,836
Crossroads Bank
Mortgage Loan Officer
$91,201/yr
$72,706
$109,696
RANGE: $72,706 - $109,696
PNC
Mortgage Loan Officer - Fort Wayne, IN
$91,911/yr
$73,272
$110,550
RANGE: $73,272 - $110,550
AE Realty
Junior Mortgage Loan Officer
$88,542/yr
$69,685
$107,398
RANGE: $69,685 - $107,398
Summit Home Lending
Junior Mortgage Loan Officer
$104,497/yr
$82,242
$126,751
RANGE: $82,242 - $126,751
Æ Realty Group at KW Heritage
Junior Mortgage Loan Officer
$88,542/yr
$69,685
$107,398
RANGE: $69,685 - $107,398
American Heritage Lending, LLC
Junior Mortgage Loan Officer
$104,497/yr
$82,242
$126,751
RANGE: $82,242 - $126,751
BTC Bank
Junior Mortgage Loan Officer/Cameron Market
$91,812/yr
$72,259
$111,366
RANGE: $72,259 - $111,366

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Top 10 Highest Paying Cities For Junior Mortgage 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 Junior Mortgage 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 Junior Mortgage Loan Officer job salaries in Indiana. Some cities can pay higher salaries for Junior Mortgage Loan Officer jobs, which can indicate that there is a large demand for Junior Mortgage Loan Officer positions in this city.
The following table shows top 10 cities where the Junior Mortgage Loan Officer salary is higher than other cities in Indiana. Hammond takes first place in this list, followed by Gary, Indianapolis. The Junior Mortgage Loan Officer salary is $49,340 in Hammond, which is lower than the national average. There is 0 city's Junior Mortgage Loan Officer salary higher than national average in Indiana.
The average salary for a Junior Mortgage Loan Officer in Indiana is $47,623, but we found that the city with the highest salary for Junior Mortgage Loan Officer jobs is Hammond, IN, and it is higher than Gary. Junior Mortgage 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 $49,340 $4,112 $949 $24
Gary $49,340 $4,112 $949 $24
Indianapolis $48,273 $4,023 $928 $23
Greenwood $48,254 $4,021 $928 $23
Carmel $48,214 $4,018 $927 $23
Lafayette $47,976 $3,998 $923 $23
Elkhart $47,906 $3,992 $921 $23
Evansville $46,993 $3,916 $904 $23
Fort Wayne $46,284 $3,857 $890 $22
South Bend $46,175 $3,848 $888 $22

What Does a Junior Mortgage Loan Officer Do?

VA: MyHome offers a deferred-payment junior loan of an amount up to the lesser of 3% of the purchase price or appraised value to assist with down payment and/or closing costs.
Updated December 20, 2021
A junior loan officer works alongside a senior mortgage loan officer to find potential home loan mortgage applicants, help them navigate the loan process, and assist with preparing and closing the mortgage loan transaction.
Updated December 18, 2021
After determining if you are eligible for a CalHFA home loan, the next step is to speak to a knowledgeable loan officer and get pre-qualified to determine how much of a loan you can afford.
Updated December 16, 2021
They counsel applicants on various loan products and mortgage programs, prepare loan packages that meet applicants’ specific financial needs, and collect, verify, and analyze financial data to determine an applicant’s creditworthiness and ability to repay a home mortgage loan.
Updated December 13, 2021
A mortgage having the interest paid periodically and the principal paid in one lump sum at the end of the term of the loan.
Updated December 11, 2021

Frequently Asked Questions About a Junior Mortgage Loan Officer Salaries

What is the average of a Junior Mortgage Loan Officer in Indiana?

The Junior Mortgage Loan Officer salary range is from $40,332 to $55,013, and the average Junior Mortgage Loan Officer salary is $47,623/year in Indiana. The Junior Mortgage Loan Officer's salary will change in different locations.

Which location pays the highest Junior Mortgage Loan Officer salary in the United States?

The Junior Mortgage Loan Officer salary in San Jose, CA is $62,577 which is the highest in the US.

What kinds of reasons will influence the Junior Mortgage 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 Junior Mortgage Loan Officer.

What is the growth rate of the Junior Mortgage Loan Officer's salary?

If you are thinking of becoming a Junior Mortgage Loan Officer or planning the next step in your career, find the detailed salary report of a Junior Mortgage Loan Officer.