Loan Officer Trainee Salaries in Cleveland, OH
How Much Does a Loan Officer Trainee Make in Cleveland, OH?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Officer Trainee in Cleveland, OH is $48,711.
While Salary.com is seeing that Loan Officer Trainee salary in Cleveland, OH can go up to $63,153
or down to $34,458, but most earn between $41,250 and $56,270.
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 |
|---|---|---|
|
L.E.O. CREDIT UNION
LOAN OFFICER
|
$95,776/yr
|
RANGE: $76,345 - $115,208
|
|
FAY Financial, LLC
Loan Officer
|
$96,269/yr
|
RANGE: $76,737 - $115,800
|
|
AMERICAN FINANCIAL NETWORK INC
Loan Officer
|
$96,564/yr
|
RANGE: $76,973 - $116,155
|
|
Fay Financial
Loan Officer
|
$65,625/yr
|
RANGE: $54,406 - $76,844
|
|
Guardian Savings Bank
Loan Officer
|
$95,973/yr
|
RANGE: $76,502 - $115,445
|
|
Jobot
Loan Officer
|
$96,662/yr
|
RANGE: $77,051 - $116,273
|
|
Caliver Beach Mortgage
Loan Officer
|
$96,662/yr
|
RANGE: $77,051 - $116,273
|
|
Secure Lending Inc.
Loan Officer Assistant
|
$70,326/yr
|
RANGE: $59,487 - $81,166
|
|
DigitalHire
Junior Loan Officer
|
$91,960/yr
|
RANGE: $73,726 - $110,194
|
|
CX Mortgage
Mortgage Loan Officer
|
$96,662/yr
|
RANGE: $77,051 - $116,273
|
What Does a Loan Officer Trainee Do?
Upon completion, trainees will transition into licensed Loan Officers and be brought onto our sales floor where they will handle inbound calls from qualified leads and guide our clients through the mortgage process.
Updated November 18, 2021
Learn more about loan officers by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.
Updated October 15, 2021
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
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Explore JobArchitectFrequently Asked Questions About a Loan Officer Trainee Salaries
What is the average of a Loan Officer Trainee in Cleveland, OH?
The Loan Officer Trainee salary range is from $41,250 to $56,270, and the average Loan Officer Trainee salary is $48,711/year in Cleveland, OH.
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 $62,253
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.
