Refinance Loan Officer Salaries in Ohio
How Much Does a Refinance Loan Officer Make in Ohio?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Refinance Loan Officer in Ohio is $48,047.
While Salary.com is seeing that Refinance Loan Officer salary in OH can go up to $61,469
or down to $30,179, but most earn between $38,694 and $55,072.
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.
Related Job Titles to Refinance Loan Officer
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Similar Job Salaries to Refinance Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
PENNYMAC
Loan Refinance Specialist
|
$68,790/yr
|
RANGE: $61,781 - $75,800
|
|
Jobot
Loan Officer
|
$74,685/yr
|
RANGE: $67,114 - $82,256
|
|
AMERICAN FINANCIAL NETWORK INC
Loan Officer
|
$74,639/yr
|
RANGE: $67,072 - $82,205
|
|
FAY Financial, LLC
Loan Officer
|
$74,516/yr
|
RANGE: $66,962 - $82,070
|
|
CrossCountry Mortgage, LLC
Loan Officer
|
$73,979/yr
|
RANGE: $66,480 - $81,479
|
|
NORTHWESTERN FEDERAL CREDIT UNION
Loan Officer
|
$71,081/yr
|
RANGE: $63,875 - $78,286
|
|
Draper & Kramer Mortgage Corp.
Loan Officer -S/O
|
$74,470/yr
|
RANGE: $66,921 - $82,019
|
Top 10 Highest Paying Cities For Refinance Loan Officer Jobs in Ohio
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Refinance Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Refinance Loan Officer job salaries in Ohio.
Some cities can pay higher salaries for Refinance Loan Officer jobs, which can indicate that there is a large demand for Refinance Loan Officer positions in this city.
The following table shows top 10 cities where the Refinance Loan Officer salary is higher than other cities in Ohio.
Cleveland takes first place in this list, followed by Lakewood, Columbus.
The Refinance Loan Officer salary is $48,057 in Cleveland,
which is lower than the national average. There is 0 city's Refinance Loan Officer salary higher than national average in Ohio.
The average salary for a Refinance Loan Officer in Ohio is $48,047,
but we found that the city with the highest salary for Refinance Loan Officer jobs is Cleveland, OH, and it is higher than Lakewood.
Refinance Loan Officer jobs in Cleveland can have the opportunity to earn higher salaries than in other cities in Ohio.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Cleveland | $48,057 | $4,005 | $924 | $23 |
| Lakewood | $48,057 | $4,005 | $924 | $23 |
| Columbus | $48,047 | $4,004 | $924 | $23 |
| Euclid | $48,017 | $4,001 | $923 | $23 |
| Cincinnati | $47,948 | $3,996 | $922 | $23 |
| Dayton | $47,756 | $3,980 | $918 | $23 |
| Hamilton | $47,751 | $3,979 | $918 | $23 |
| Newark | $47,751 | $3,979 | $918 | $23 |
| Lorain | $47,603 | $3,967 | $915 | $23 |
| Toledo | $47,583 | $3,965 | $915 | $23 |
What Does a Refinance Loan Officer Do?
These include certifications or licenses that an individual loan officer must have and licenses that must be maintained by the institution funding the loan.
Updated December 22, 2021
FHA refinance loans and the FHA streamline refinance allow borrowers to reduce the interest rate on their current mortgages.
Updated December 21, 2021
So if your loan is less than 2 years old, you can request that your PMI be removed with a new refinance but you’re not guaranteed to get approval.
Updated December 21, 2021
Because it behooves loan officers to sell as many mortgages as possible, some may be tempted to steer you into an ARM with the idea of persuading you to.
Updated December 20, 2021
Many homeowners refinance their FHA loan to a conventional loan after they achieve 20% equity for this same reason.
Updated December 20, 2021
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Explore JobArchitectFrequently Asked Questions About a Refinance Loan Officer Salaries
What is the average of a Refinance Loan Officer in Ohio?
The Refinance Loan Officer salary range is from $38,694 to $55,072, and the average Refinance Loan Officer salary is $48,047/year in Ohio.
The Refinance Loan Officer's salary will change in different locations.
Which location pays the highest Refinance Loan Officer salary in the United States?
The Refinance Loan Officer salary in San Jose, CA is $62,238
which is the highest in the US.
What kinds of reasons will influence the Refinance Loan 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 Refinance Loan Officer.
What is the growth rate of the Refinance Loan Officer's salary?
If you are thinking of becoming a Refinance Loan Officer or planning the next step in your career, find the detailed salary report of a Refinance Loan Officer.
