How Much Does a Loan Officer Trainee Make in Indiana?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Officer Trainee in Indiana is $47,623. While Salary.com is seeing that Loan Officer Trainee 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 Loan Officer Trainee
Loan Processor Trainee
$48,369
Indiana
Per Year
Officer Trainee
$58,889
Indiana
Per Year
Loan Officer
$65,724
Indiana
Per Year
Consumer Loan Officer II
$49,323
Indiana
Per Year
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Similar Job Salaries to Loan Officer Trainee by Company

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Company average base salary in (usd) range
Jobot
Loan Officer
$76,732/yr
$70,182
$83,282
RANGE: $70,182 - $83,282
HOTEL SOLUTIONS
Loan Officer
$74,616/yr
$67,052
$82,180
RANGE: $67,052 - $82,180
Responsive Mortgage
Mortgage Loan Officer
$74,616/yr
$67,052
$82,180
RANGE: $67,052 - $82,180
CME Lending Group LLC
Loan Officer Assistant
$72,889/yr
$65,340
$80,437
RANGE: $65,340 - $80,437
Builders Capital
Loan Officer - Hybrid
$71,775/yr
$64,182
$79,368
RANGE: $64,182 - $79,368
Gershman Mortgage
Loan Officer - Evansville, IN
$95,835/yr
$84,386
$107,283
RANGE: $84,386 - $107,283
Springs Valley Bank & Trust Company
MORTGAGE LOAN OFFICER
$68,213/yr
$61,298
$75,128
RANGE: $61,298 - $75,128
Tech Credit Union
Mortgage Loan Officer
$76,265/yr
$68,533
$83,996
RANGE: $68,533 - $83,996
Carrington Mortgage Services, LLC
Mortgage Loan Officer
$74,340/yr
$66,804
$81,876
RANGE: $66,804 - $81,876
Citizens Bank
Commercial Loan Officer
$100,453/yr
$87,877
$113,029
RANGE: $87,877 - $113,029

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

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 Indiana. 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 Indiana. Hammond takes first place in this list, followed by Gary, Indianapolis. The Loan Officer Trainee salary is $49,340 in Hammond, which is lower than the national average. There is 0 city's Loan Officer Trainee salary higher than national average in Indiana.
The average salary for a Loan Officer Trainee in Indiana is $47,623, but we found that the city with the highest salary for Loan Officer Trainee jobs is Hammond, IN, and it is higher than Gary. Loan Officer Trainee 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 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

Frequently Asked Questions About a Loan Officer Trainee Salaries

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

The Loan Officer Trainee salary range is from $40,332 to $55,013, and the average Loan Officer Trainee salary is $47,623/year in Indiana. 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 $62,577 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.