As of August 01, 2026, the average hourly pay of Licensed Mortgage Loan Officer in the United States is $33. While Salary.com is seeing that Licensed Mortgage Loan Officer salary in the US can go up to $37 or down to $28, but most earn between $30 and $35. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Licensed Mortgage Loan Officer in the United States.
| Percentile | Hourly Pay Rate | Location | Last Updated |
| 10th Percentile Licensed Mortgage Loan Officer Salary | $28 | US | August 01, 2026 |
| 25th Percentile Licensed Mortgage Loan Officer Salary | $30 | US | August 01, 2026 |
| 50th Percentile Licensed Mortgage Loan Officer Salary | $33 | US | August 01, 2026 |
| 75th Percentile Licensed Mortgage Loan Officer Salary | $35 | US | August 01, 2026 |
| 90th Percentile Licensed Mortgage Loan Officer Salary | $37 | US | August 01, 2026 |
A Licensed Mortgage Loan Officer is responsible for assisting clients in securing mortgage loans by evaluating their financial needs and guiding them through the loan application process. This role involves assessing creditworthiness, providing information on various loan products, and ensuring compliance with regulatory requirements. The officer collaborates with lenders, real estate agents, and clients to facilitate smooth transactions. Strong communication and analytical skills are essential, as well as a thorough understanding of mortgage products and market trends. Salaries for Licensed M...
See user submitted job responsibilities for Licensed Mortgage Loan Officer.
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Commercial Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Review Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Consumer Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Loan Processing Quality Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Loan Processor II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Core compensation
Includes base and short-term incentives
Recently searched related titles: Loan Closing Analyst, Home Loan Advisor, Loan Closing Officer
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Jobs with a similar salary range to Licensed Mortgage Loan Officer : Escrow Processor, Mortgage Loan Originator Assistant, Mortgage Loan Servicer
