Senior Loan Officer Salary in Grand Rapids, Michigan

Senior Loan Officer Salary in Grand Rapids, MI

How much does a Senior Loan Officer make in Grand Rapids, MI?

As of February 01, 2025, the average annual salary for a Senior Loan Officer in Grand Rapids, MI is $81,641. According to Salary.com, salaries can range from a low of $58,735 to a high of $108,182, with most professionals earning between $69,651 and $95,534.

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Senior Loan Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Loan Officer Salary $58,735 Grand Rapids,MI February 01, 2025
25th Percentile Senior Loan Officer Salary $69,651 Grand Rapids,MI February 01, 2025
50th Percentile Senior Loan Officer Salary $81,641 Grand Rapids,MI February 01, 2025
75th Percentile Senior Loan Officer Salary $95,534 Grand Rapids,MI February 01, 2025
90th Percentile Senior Loan Officer Salary $108,182 Grand Rapids,MI February 01, 2025
25% $69,651 10% $58,735 90% $108,182 75% $95,534 $81,641 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 Grand Rapids, MI

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

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

Average Base Salary

Core compensation

 
 
 
69651
95534
81641

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
71759
102559
84250
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 Grand Rapids, MI. The base salary for Senior Loan Officer ranges from $69,651 to $95,534 with the average base salary of $81,641. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $71,759 to $102,559 with the average total cash compensation of $84,250.

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69651
95534

 

About Grand Rapids, Michigan    Grand Rapids is the second-largest city in Michigan, and the largest city in West Michigan. It is on the Grand River about 30 miles (48 km) east of La....More

Grand Rapids, Michigan  area prices were up 1.3% from a year ago

Senior Loan Officer Salary in popular cities: Detroit, Warren, Sterling Heights

Skills associated with Senior Loan Officer: Business Development

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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