How much does a Senior Loan Officer make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Senior Loan Officer in Chicago, IL is $81,998. According to Salary.com, salaries can range from a low of $62,744 to a high of $99,406, with most professionals earning between $71,920 and $91,110.

Based on HR-reported data: a national average with a geographic differential
Senior Loan Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Loan Officer Salary $62,744 Chicago,IL April 01, 2025
25th Percentile Senior Loan Officer Salary $71,920 Chicago,IL April 01, 2025
50th Percentile Senior Loan Officer Salary $81,998 Chicago,IL April 01, 2025
75th Percentile Senior Loan Officer Salary $91,110 Chicago,IL April 01, 2025
90th Percentile Senior Loan Officer Salary $99,406 Chicago,IL April 01, 2025
25% $71,920 10% $62,744 90% $99,406 75% $91,110 $81,998 50%(Median) Didn’t find job title? Click
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Senior Loan Officer

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Job Openings for Senior Loan Officer in Chicago, IL

Career Path for this job

  1. Down a level:

    Loan Review Officer I

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Senior Loan Officer

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Loan Review Manager


    Bachelor's Degree

Understand the total compensation opportunity for a Senior Loan Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
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Average Total Cash Compensation

Includes base and annual incentives

 
 
 
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Loan Officer in Chicago, IL. The base salary for Senior Loan Officer ranges from $71,920 to $91,110 with the average base salary of $81,998. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $71,920 to $91,110 with the average total cash compensation of $81,998.

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71920
91110

 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago

Senior Loan Officer Salary in popular cities: AuroraRockfordJoliet

Skills associated with Senior Loan Officer: Business Development

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