How Much Does a Loan Officer Trainee Make in Virginia?

Updated March 26, 2024
Filter

Individually reported data submitted by users of our website

Low Confidence
$48,594/yr
Average Base Pay
Low $40,761
Average $48,594
High $56,421
The average salary for Loan Officer Trainee is $48,594 per year in Virginia.

Related Job Titles to Loan Officer Trainee

Agricultural Loan Officer
$104,872
Virginia
Per Year
Loan Processor Trainee
$47,546
Virginia
Per Year
Officer Trainee
$59,417
Virginia
Per Year
Loan Officer
$66,413
Virginia
Per Year

Similar Job Salaries to Loan Officer Trainee by Company

FIND A SPECIFIC EMPLOYER
Loading results...
Company average base salary in (usd) range
$69,380/yr
$56,474
$82,286
RANGE: $56,474 - $82,286
$69,380/yr
$56,474
$82,286
RANGE: $56,474 - $82,286
Legacy Bank
Loan Officer
$80,841/yr
$67,783
$93,900
RANGE: $67,783 - $93,900
$117,527/yr
$98,049
$137,005
RANGE: $98,049 - $137,005
CityScape Metro Group
Loan Officer
$101,848/yr
$84,339
$119,357
RANGE: $84,339 - $119,357
PNC
Mortgage Loan Officer
$103,858/yr
$91,592
$116,125
RANGE: $91,592 - $116,125
The Cowart Team
Mortgage Loan Officer Assistant
$71,513/yr
$63,749
$79,277
RANGE: $63,749 - $79,277
NVR Inc
Mortgage Loan Officer
$63,132/yr
$52,073
$74,191
RANGE: $52,073 - $74,191

Open Loan Officer Trainee Jobs in Virginia

Create Alert

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

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 Virginia. 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 Virginia. Arlington takes first place in this list, followed by Alexandria, Annandale. The Loan Officer Trainee salary is $53,923 in Arlington, which is higher than the national average. There are 5 cities' Loan Officer Trainee salary higher than national average in Virginia.
The average salary for a Loan Officer Trainee in Virginia is $48,594, but we found that the city with the highest salary for Loan Officer Trainee jobs is Arlington, VA, and it is higher than Alexandria. Loan Officer Trainee jobs in Arlington can have the opportunity to earn higher salaries than in other cities in Virginia.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Arlington $53,923 $4,494 $1,037 $26
Alexandria $53,923 $4,494 $1,037 $26
Annandale $53,923 $4,494 $1,037 $26
Reston $53,826 $4,486 $1,035 $26
Centreville $53,729 $4,477 $1,033 $26
Richmond $47,140 $3,928 $907 $23
Petersburg $46,995 $3,916 $904 $23
Virginia State University $46,995 $3,916 $904 $23
Virginia Beach $46,317 $3,860 $891 $22
Newport News $45,881 $3,823 $882 $22

What Does a Loan Officer Trainee Do?

Most loan officers are employed by commercial banks, credit unions, mortgage companies, and other financial institutions.
Updated November 30, 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
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

Frequently Asked Questions About a Loan Officer Trainee Salaries

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

The Loan Officer Trainee salary range is from $40,761 to $56,421, and the average Loan Officer Trainee salary is $48,594/year in Virginia. 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 $60,803 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.