Loan Officer Trainee Salaries in Ohio
How Much Does a Loan Officer Trainee Make in Ohio?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Officer Trainee in Ohio is $48,308.
While Salary.com is seeing that Loan Officer Trainee salary in OH can go up to $62,628
or down to $34,177, but most earn between $40,912 and $55,804.
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 |
|---|---|---|
|
NORTHWESTERN FEDERAL CREDIT UNION
Loan Officer
|
$71,081/yr
|
RANGE: $63,875 - $78,286
|
|
Jobot
Loan Officer
|
$74,670/yr
|
RANGE: $67,100 - $82,239
|
|
GUARDIAN SAVINGS BANK
Loan Officer
|
$74,332/yr
|
RANGE: $66,797 - $81,867
|
|
Vaco by Highspring
Loan Officer
|
$42,339/yr
|
RANGE: $38,704 - $45,975
|
|
Draper & Kramer Mortgage Corp.
Loan Officer -S/O
|
$74,470/yr
|
RANGE: $66,921 - $82,019
|
|
Fifth Third
Mortgage Loan Officer
|
$74,516/yr
|
RANGE: $66,962 - $82,070
|
|
NVR Inc
Mortgage Loan Officer
|
$74,593/yr
|
RANGE: $67,031 - $82,155
|
Top 10 Highest Paying Cities For Loan Officer Trainee Jobs in Ohio
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 Ohio.
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 Ohio.
Cleveland takes first place in this list, followed by Lakewood, Columbus.
The Loan Officer Trainee salary is $48,318 in Cleveland,
which is lower than the national average. There is 0 city's Loan Officer Trainee salary higher than national average in Ohio.
The average salary for a Loan Officer Trainee in Ohio is $48,308,
but we found that the city with the highest salary for Loan Officer Trainee jobs is Cleveland, OH, and it is higher than Lakewood.
Loan Officer Trainee jobs in Cleveland can have the opportunity to earn higher salaries than in other cities in Ohio.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Cleveland | $48,318 | $4,027 | $929 | $23 |
| Lakewood | $48,318 | $4,027 | $929 | $23 |
| Columbus | $48,308 | $4,026 | $929 | $23 |
| Euclid | $48,278 | $4,023 | $928 | $23 |
| Cincinnati | $48,209 | $4,017 | $927 | $23 |
| Dayton | $48,015 | $4,001 | $923 | $23 |
| Hamilton | $48,010 | $4,001 | $923 | $23 |
| Newark | $48,010 | $4,001 | $923 | $23 |
| Lorain | $47,862 | $3,988 | $920 | $23 |
| Toledo | $47,842 | $3,987 | $920 | $23 |
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 Ohio?
The Loan Officer Trainee salary range is from $40,912 to $55,804, and the average Loan Officer Trainee salary is $48,308/year in Ohio.
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.
