How Much Does a Loan Officer Trainee Make in Colorado?

Updated February 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$48,882/yr
Average Base Pay
Low $41,005
Average $48,882
High $56,757
The average salary for Loan Officer Trainee is $48,882 per year in Colorado.

Related Job Titles to Loan Officer Trainee

Loan Processor Trainee
$47,781
Colorado
Per Year
Officer Trainee
$59,256
Colorado
Per Year
Loan Officer
$66,735
Colorado
Per Year
Consumer Loan Officer II
$53,972
Colorado
Per Year

Similar Job Salaries to Loan Officer Trainee by Company

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Company average base salary in (usd) range
Texana Bank National Association
Mortgage Loan Officer Trainee; 21-4MM; 12/4/2023
$110,581/yr
$92,195
$128,967
RANGE: $92,195 - $128,967
$107,139/yr
$89,389
$124,889
RANGE: $89,389 - $124,889
$107,068/yr
$89,330
$124,807
RANGE: $89,330 - $124,807
Mann Mortgage LLC
Loan Officer
$108,162/yr
$90,242
$126,081
RANGE: $90,242 - $126,081
$107,139/yr
$89,389
$124,889
RANGE: $89,389 - $124,889
Knock
Loan Officer
$107,139/yr
$89,389
$124,889
RANGE: $89,389 - $124,889
Vanna Lending
Loan Officer
$107,139/yr
$89,389
$124,889
RANGE: $89,389 - $124,889
$107,139/yr
$89,389
$124,889
RANGE: $89,389 - $124,889
NOVA Home Loans
Loan officer
$107,139/yr
$89,389
$124,889
RANGE: $89,389 - $124,889
$104,925/yr
$87,542
$122,309
RANGE: $87,542 - $122,309

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Top 10 Highest Paying Cities For Loan Officer Trainee Jobs in Colorado

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Officer Trainee can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Loan Officer Trainee job salaries in Colorado. Some cities can pay higher salaries for Loan Officer Trainee jobs, which can indicate that there is a large demand for Loan Officer Trainee positions in this city.
The following table shows top 10 cities where the Loan Officer Trainee salary is higher than other cities in Colorado. Grand Junction takes first place in this list, followed by Boulder, Jefferson. The Loan Officer Trainee salary is $49,642 in Grand Junction, which is higher than the national average. There are 8 cities' Loan Officer Trainee salary higher than national average in Colorado.
The average salary for a Loan Officer Trainee in Colorado is $48,882, but we found that the city with the highest salary for Loan Officer Trainee jobs is Grand Junction, CO, and it is higher than Boulder. Loan Officer Trainee jobs in Grand Junction can have the opportunity to earn higher salaries than in other cities in Colorado.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Grand Junction $49,642 $4,137 $955 $24
Boulder $49,613 $4,134 $954 $24
Jefferson $49,259 $4,105 $947 $24
Broomfield $49,247 $4,104 $947 $24
Denver $49,172 $4,098 $946 $24
Arvada $49,172 $4,098 $946 $24
Westminster $49,172 $4,098 $946 $24
Aurora $49,140 $4,095 $945 $24
Castle Rock $48,322 $4,027 $929 $23
Colorado Springs $48,156 $4,013 $926 $23

What Does a Loan Officer Trainee Do?

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
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
A loan processor deals with lots of paperwork and basically assists the loan officer in closing the loan.
Updated December 04, 2021

Frequently Asked Questions About a Loan Officer Trainee Salaries

What is the average of a Loan Officer Trainee in Colorado?

The Loan Officer Trainee salary range is from $41,005 to $56,757, and the average Loan Officer Trainee salary is $48,882/year in Colorado. 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 $60,721 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.