Loan Operations Officer Salaries in the United States

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How Much Does a Loan Operations Officer Make?

Updated June 27, 2024
As of June 27, 2024, the average annual pay of Loan Operations Officer in the United States is $88,428. While Salary.com is seeing that Loan Operations Officer salary in the US can go up to $119,183 or down to $58,893, but most earn between $72,968 and $104,526. 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.
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Related Job Titles to Loan Operations Officer
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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
$66,202/yr
$56,016
$76,387
RANGE: $56,016 - $76,387
Citi
Officer - Syndicated Loan Servicing Analyst – Operations
$72,294/yr
$63,311
$81,276
RANGE: $63,311 - $81,276
Mindlance
Loan Specialist/ Loan Officer
$80,899/yr
$66,796
$95,002
RANGE: $66,796 - $95,002
Beeline Loans
Loan Officer
$60,612/yr
$51,978
$69,246
RANGE: $51,978 - $69,246
Montana Credit Union
Loan Officer
$65,984/yr
$53,712
$78,257
RANGE: $53,712 - $78,257
First South Farm Credit, ACA
Loan Officer
$83,611/yr
$69,240
$97,983
RANGE: $69,240 - $97,983
Pinnacle Mortgage Corp
Loan Officer
$99,225/yr
$82,169
$116,280
RANGE: $82,169 - $116,280
Shelter Home Mortgage, LLC
Loan Officer
$58,983/yr
$49,168
$68,798
RANGE: $49,168 - $68,798
Lennar Mortgage
Loan Officer
$75,559/yr
$61,505
$89,613
RANGE: $61,505 - $89,613
CITIZENS BANK
Loan Officer
$115,538/yr
$91,897
$139,178
RANGE: $91,897 - $139,178

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 $72,968 to $104,526, and the average Loan Operations Officer salary is $88,428/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 $110,977 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.

$104,526 Yearly
A Loan Operations Officer in Richland, WA reported making $104,526 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
$64,380 Yearly
A Loan Operations Officer in Hickory, NC reported making $64,380 per year
Hickory, NC
100 - 200 employees
Full-Time
Company - Private
$7,782 Monthly
A Loan Operations Officer in Alamogordo, NM reported making $7,782 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
$94,682 Yearly
A Loan Operations Officer in Carlsbad, CA reported making $94,682 per year
Carlsbad, CA
6 - 1,000 employees
Full-Time
Company - Private
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