Loan Officer Trainee Salaries in the United States
How Much Does a Loan Officer Trainee Make?
Updated January 01, 2025
As of January 01, 2025,
the average annual pay of Loan Officer Trainee in the United States is $49,351.
While Salary.com is seeing that Loan Officer Trainee salary in the US can go up to $63,984
or down to $34,911, but most earn between $41,793 and $57,011.
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 Loan Officer Trainee
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Similar Job Salaries to Loan Officer Trainee by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Lend-A-Loan LLC
Loan Officer Trainee
|
$94,899/yr
|
RANGE: $74,679 - $115,119
|
|
Prosperity Home Mortgage, LLC
Mortgage Loan Officer Trainee
|
$96,755/yr
|
RANGE: $77,124 - $116,387
|
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Farmers Trust and Savings Bank
Commercial Loan Officer Trainee
|
$97,907/yr
|
RANGE: $81,494 - $114,321
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Central Kentucky Ag Credit
Loan Officer Trainee
|
$90,274/yr
|
RANGE: $68,068 - $112,479
|
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Lennar Mortgage
Loan Officer Associate - Trainee
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$92,536/yr
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RANGE: $72,819 - $112,252
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Mindlance
Loan Specialist/ Loan Officer
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$85,278/yr
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RANGE: $68,279 - $102,277
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Funding Solutions LLC
Loan Officer
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$95,482/yr
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RANGE: $76,110 - $114,855
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Money Well Lending, LLC
Loan Officer
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$101,750/yr
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RANGE: $81,105 - $122,394
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Level Up Lending
Loan Officer
|
$110,564/yr
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RANGE: $88,131 - $132,996
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AMERICAN FINANCIAL NETWORK INC
Loan Officer
|
$96,070/yr
|
RANGE: $76,578 - $115,562
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What Does a Loan Officer Trainee Do?
Accountant, Compliance Investigator, County Operations Trainee, Economist, Engineer, Farm Loan Officer Trainee (Farm Loan Assistant), Farm Loan Program Technician, Statistician.
Updated December 19, 2021
However, some processors are actually more knowledgeable than the more sales-oriented loan officers because they handle more volume and may have more years of mortgage experience under their belt.
Updated December 19, 2021
While the loan officer or broker may be the person who “got you the loan” to begin with, it’s the processor that will likely take over once you’ve been “sold.”.
Updated December 15, 2021
If you are thinking of becoming a Loan Officer Trainee or planning the next step in your career, find details about.
Updated December 06, 2021
A loan processor deals with lots of paperwork and basically assists the loan officer in closing the loan.
Updated December 04, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Officer Trainee Salaries
What is the average of a Loan Officer Trainee in the United States?
The Loan Officer Trainee salary range is from $41,793 to $57,011, and the average Loan Officer Trainee salary is $49,351/year in the United States.
The Loan Officer Trainee's salary will change in different locations.
Which location pays the highest Loan Officer Trainee salary in the United States?
The Loan Officer Trainee salary in San Jose, CA is $61,936
which is the highest in the US.
What kinds of reasons will influence the Loan Officer Trainee'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 Loan Officer Trainee.
What is the growth rate of the Loan Officer Trainee's salary?
If you are thinking of becoming a Loan Officer Trainee or planning the next step in your career, find the detailed salary report of a Loan Officer Trainee.
Recent Salary Report
Below are the most recent Loan Officer Trainee salary reports. Employer name has been removed to protect anonymity.
$28
Hourly
A Loan Officer Trainee in Milwaukee, WI reported making $28 per hour
Milwaukee, WI
3,000 - 7,6 employees
Part-Time
Company - Public
$61,070
Yearly
A Loan Officer Trainee in Saint Joseph, MO reported making $61,070 per year
Saint Joseph, MO
6 - 1,000 employees
Full-Time
Company - Private
$29
Hourly
A Loan Officer Trainee in Ventura, CA reported making $29 per hour
Ventura, CA
7,6 - 15,000 employees
Part-Time
Company - Public
$42,213
Yearly
A Loan Officer Trainee in Logan, UT reported making $42,213 per year
Logan, UT
200 - 6 employees
Full-Time
Company - Private
$3,570
Monthly
A Loan Officer Trainee in Plano, TX reported making $3,570 per month
Plano, TX
1,000 - 3,000 employees
Full-Time
Company - Public
$37,068
Yearly
A Loan Officer Trainee in Missoula, MT reported making $37,068 per year
Missoula, MT
100 - 200 employees
Full-Time
Company - Private
