How Much Does a Loan Operations Officer Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Low Confidence
$87,809/yr
Average Base Pay
Low $72,457
Average $87,809
High $103,794
The average salary for Loan Operations Officer is $87,809 per year in the United States.

Related Job Titles to Loan Operations Officer

Middle Market Loan Officer
$108,600
US
Per Year
Agricultural Loan Officer
$104,558
US
Per Year
Loan Officer
$66,214
US
Per Year
Consumer Loan Officer I
$50,542
US
Per Year

Similar Job Salaries to Loan Operations Officer by Company

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Company average base salary in (usd) range
Central Pacific Bank
Compliance & Operations Officer - Retail Loan Collections
$85,741/yr
$73,468
$98,015
RANGE: $73,468 - $98,015
Farm Credit Council
Loan Officer
$78,105/yr
$64,677
$91,532
RANGE: $64,677 - $91,532
Citizens Bank
Loan Officer
$97,464/yr
$81,311
$113,617
RANGE: $81,311 - $113,617
Action Finance Inc.
Loan Officer
$54,024/yr
$46,329
$61,719
RANGE: $46,329 - $61,719
$51,104/yr
$43,238
$58,970
RANGE: $43,238 - $58,970
Latitude, Inc.
Loan Officer
$79,102/yr
$64,387
$93,816
RANGE: $64,387 - $93,816
Gershman Mortgage
Loan Officer
$67,023/yr
$54,555
$79,490
RANGE: $54,555 - $79,490
Astra Bank
Loan Officer
$88,759/yr
$73,700
$103,819
RANGE: $73,700 - $103,819
Drees Homes
Loan Officer
$77,815/yr
$64,776
$90,854
RANGE: $64,776 - $90,854

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 $72,457 to $103,794, and the average Loan Operations Officer salary is $87,809/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 $110,200 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.

$103,794 Yearly
A Loan Operations Officer in Richland, WA reported making $103,794 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
$63,928 Yearly
A Loan Operations Officer in Hickory, NC reported making $63,928 per year
Hickory, NC
100 - 200 employees
Full-Time
Company - Private
$7,728 Monthly
A Loan Operations Officer in Alamogordo, NM reported making $7,728 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
$94,020 Yearly
A Loan Operations Officer in Carlsbad, CA reported making $94,020 per year
Carlsbad, CA
6 - 1,000 employees
Full-Time
Company - Private