Loan Officer Trainee Salaries in the United States
How Much Does a Loan Officer Trainee Make?
Updated April 24, 2024
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- Colorado
- Connecticut
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- Florida
- Georgia
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Individually reported data submitted by users of our website
Low Confidence
$48,572/yr
Average Base Pay
Low $40,746
Average $48,572
High $56,398
The average salary for Loan Officer Trainee is $48,572 per year in the United States.
Related Job Titles to Loan Officer Trainee
Similar Job Salaries to Loan Officer Trainee by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Summit Funding, Inc.
Loan officer
|
$58,530/yr
|
RANGE: $50,193 - $66,866
|
|
TwinStar Credit Union
Loan officer
|
$74,366/yr
|
RANGE: $62,712 - $86,021
|
|
Farm Credit Southeast Missouri
Loan Officer
|
$57,639/yr
|
RANGE: $48,704 - $66,574
|
|
Make Your Move
Loan Officer
|
$89,268/yr
|
RANGE: $74,313 - $104,222
|
|
TRUSTBANK
Loan officer
|
$88,422/yr
|
RANGE: $73,224 - $103,620
|
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 the United States?
The Loan Officer Trainee salary range is from $40,746 to $56,398, and the average Loan Officer Trainee salary is $48,572/year in the United States.
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 $60,958
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.
Recent Salary Report
Below are the most recent Loan Officer Trainee salary reports. Employer name has been removed to protect anonymity.
$28
Hourly
A Loan Officer Trainee in Milwaukee, WI reported making $28 per hour
Milwaukee, WI
3,000 - 7,6 employees
Part-Time
Company - Public
$60,541
Yearly
A Loan Officer Trainee in Saint Joseph, MO reported making $60,541 per year
Saint Joseph, MO
6 - 1,000 employees
Full-Time
Company - Private
$28
Hourly
A Loan Officer Trainee in Ventura, CA reported making $28 per hour
Ventura, CA
7,6 - 15,000 employees
Part-Time
Company - Public
$41,181
Yearly
A Loan Officer Trainee in Logan, UT reported making $41,181 per year
Logan, UT
200 - 6 employees
Full-Time
Company - Private
$3,486
Monthly
A Loan Officer Trainee in Plano, TX reported making $3,486 per month
Plano, TX
1,000 - 3,000 employees
Full-Time
Company - Public
$35,856
Yearly
A Loan Officer Trainee in Missoula, MT reported making $35,856 per year
Missoula, MT
100 - 200 employees
Full-Time
Company - Private
