Loan Officer Trainee Salaries in Memphis, TN
How Much Does a Loan Officer Trainee Make in Memphis, TN?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Officer Trainee in Memphis, TN is $46,479.
While Salary.com is seeing that Loan Officer Trainee salary in Memphis, TN can go up to $60,259
or down to $32,879, but most earn between $39,360 and $53,692.
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 |
|---|---|---|
|
Jobot
Loan Officer
|
$93,191/yr
|
RANGE: $83,500 - $102,883
|
|
gpac
Loan Officer
|
$50,921/yr
|
RANGE: $46,207 - $55,636
|
|
River Valley AgCredit
Loan Officer
|
$77,074/yr
|
RANGE: $69,068 - $85,081
|
|
CB&S Bank
Loan Officer
|
$71,702/yr
|
RANGE: $64,433 - $78,970
|
|
Benchmark Mortgage
Loan Officer
|
$56,260/yr
|
RANGE: $50,741 - $61,778
|
|
Caliver Beach Mortgage
Loan Officer
|
$69,708/yr
|
RANGE: $62,641 - $76,775
|
|
PANORAMA MORTGAGE GROUP
Loan Officer - Outside
|
$69,708/yr
|
RANGE: $62,641 - $76,775
|
|
Listerhill Credit Union
Mortgage Loan Officer
|
$71,702/yr
|
RANGE: $64,433 - $78,970
|
|
gpac
Commercial Loan Officer
|
$92,364/yr
|
RANGE: $82,021 - $102,707
|
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 Memphis, TN?
The Loan Officer Trainee salary range is from $39,360 to $53,692, and the average Loan Officer Trainee salary is $46,479/year in Memphis, TN.
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.
