How Much Does a Loan Operations Officer Make?

Updated April 24, 2024

Individually reported data submitted by users of our website

Low Confidence
$88,013/yr
Average Base Pay
Low $72,626
Average $88,013
High $104,037
The average salary for Loan Operations Officer is $88,013 per year in the United States.

Related Job Titles to Loan Operations Officer

Middle Market Loan Officer
$108,900
US
Per Year
Loan Officer
$66,388
US
Per Year
Consumer Loan Officer II
$53,697
US
Per Year
Consumer Loan Officer III
$65,379
US
Per Year

Similar Job Salaries to Loan Operations Officer by Company

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Company average base salary in (usd) range
American Airlines
Loan Officer, AACU Branch Operations
$65,870/yr
$55,736
$76,004
RANGE: $55,736 - $76,004
Labette Bank
Loan Officer
$71,629/yr
$58,306
$84,951
RANGE: $58,306 - $84,951
CITIZENS BANK
Loan Officer
$114,964/yr
$91,442
$138,486
RANGE: $91,442 - $138,486
State Street
Loan officer
$92,316/yr
$76,895
$107,737
RANGE: $76,895 - $107,737
$60,297/yr
$51,157
$69,438
RANGE: $51,157 - $69,438
AgSouth Farm Credit
Loan Officer
$69,487/yr
$56,563
$82,411
RANGE: $56,563 - $82,411
$57,326/yr
$48,706
$65,945
RANGE: $48,706 - $65,945
Vision Mortgage Group
Loan Officer
$80,538/yr
$66,086
$94,990
RANGE: $66,086 - $94,990
Lennar Corporation
Loan officer
$66,607/yr
$54,219
$78,995
RANGE: $54,219 - $78,995
$94,488/yr
$78,248
$110,729
RANGE: $78,248 - $110,729

What Does a Loan Operations Officer Do?

A concluding paragraph asking the loan officer to review your package and expressing your anticipation of speaking with them soon.
Updated December 14, 2021
LO Connect’s intutive design and powerful automation helps your loan officers accomplish common tasks with ease, including:.
Updated December 13, 2021
The Encompass LOS allows loan officers to access everything they need to originate and close more loans, in less time, from any location.
Updated December 12, 2021
Responsible for audit of loan operation activity, reviews daily reports for accuracy, and responsible for monthly and/or quarterly reports as required.
Updated December 06, 2021
Learn about your eligibility and find application guides to help you prepare for your USDA Service Center visit with a loan officer.
Updated October 26, 2021

Frequently Asked Questions About a Loan Operations Officer Salaries

What is the average of a Loan Operations Officer in the United States?

The Loan Operations Officer salary range is from $72,626 to $104,037, and the average Loan Operations Officer salary is $88,013/year in the United States. The Loan Operations Officer's salary will change in different locations.

Which location pays the highest Loan Operations Officer salary in the United States?

The Loan Operations Officer salary in San Jose, CA is $110,457 which is the highest in the US.

What kinds of reasons will influence the Loan Operations Officer'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 Operations Officer.

What is the growth rate of the Loan Operations Officer's salary?

If you are thinking of becoming a Loan Operations Officer or planning the next step in your career, find the detailed salary report of a Loan Operations Officer.

Recent Salary Report

Below are the most recent Loan Operations Officer salary reports. Employer name has been removed to protect anonymity.

$104,037 Yearly
A Loan Operations Officer in Richland, WA reported making $104,037 per year
Richland, WA
200 - 6 employees
Full-Time
Company - Private
$41 Hourly
A Loan Operations Officer in West Fargo, ND reported making $41 per hour
West Fargo, ND
3,000 - 7,6 employees
Part-Time
Company - Public
$64,077 Yearly
A Loan Operations Officer in Hickory, NC reported making $64,077 per year
Hickory, NC
100 - 200 employees
Full-Time
Company - Private
$7,746 Monthly
A Loan Operations Officer in Alamogordo, NM reported making $7,746 per month
Alamogordo, NM
1,000 - 3,000 employees
Full-Time
Company - Public
$56 Hourly
A Loan Operations Officer in Middletown, DE reported making $56 per hour
Middletown, DE
7,6 - 15,000 employees
Part-Time
Company - Public
$94,239 Yearly
A Loan Operations Officer in Carlsbad, CA reported making $94,239 per year
Carlsbad, CA
6 - 1,000 employees
Full-Time
Company - Private