How Much Does a Residential Mortgage Loan Officer Make in Portland, OR?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Residential Mortgage Loan Officer in Portland, OR is $51,293. While Salary.com is seeing that Residential Mortgage Loan Officer salary in Portland, OR can go up to $66,503 or down to $36,283, but most earn between $43,436 and $59,254. 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 Residential Mortgage Loan Officer
Residential Mortgage Officer I
$51,840
Portland, OR
Per Year
Residential Mortgage Officer II
$69,850
Portland, OR
Per Year
Residential Mortgage Officer III
$99,500
Portland, OR
Per Year
Mortgage Loan Officer II
$69,850
Portland, OR
Per Year
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Similar Job Salaries to Residential Mortgage Loan Officer by Company

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Company average base salary in (usd) range
Umpqua Bank
Mortgage Loan Officer
$96,705/yr
$77,083
$116,326
RANGE: $77,083 - $116,326
Satori Mortgage (NMLS: 4190)
Mortgage Loan Officer Elite Live Transfer Division
$108,937/yr
$85,282
$132,592
RANGE: $85,282 - $132,592
Mission San Jose Mortgage
Mortgage Loan Officer or has passed the NMLS SAFE exam in search of training
$96,607/yr
$77,005
$116,209
RANGE: $77,005 - $116,209

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What Does a Residential Mortgage Loan Officer Do?

Since real estate agents and attorneys work with loan officers every day, they folks can be a great referral source for finding a good loan officer.
Updated December 02, 2021
A mortgage loan originator typically works for a bank or mortgage lender and helps mortgage borrowers in the application process.
Updated November 20, 2021
If you are the kind of person who is always learning something new, you may want to become a mortgage loan originator.
Updated December 21, 2021
The result? Fast processing of residential mortgage applications, and a better overall experience for you! We offer conventional purchase and refinance home loans, as well as VA, FHA, USDA-RD and many state sponsored loan programs.
Updated December 20, 2021
This offer does not apply to new purchase loans submitted to Rocket Mortgage through a mortgage broker.
Updated December 19, 2021

Frequently Asked Questions About a Residential Mortgage Loan Officer Salaries

What is the average of a Residential Mortgage Loan Officer in Portland, OR?

The Residential Mortgage Loan Officer salary range is from $43,436 to $59,254, and the average Residential Mortgage Loan Officer salary is $51,293/year in Portland, OR. The Residential Mortgage Loan Officer's salary will change in different locations.

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

The Residential Mortgage Loan Officer salary in San Jose, CA is $61,778 which is the highest in the US.

What kinds of reasons will influence the Residential Mortgage 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 Residential Mortgage Loan Officer.

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

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