Associate Loan Officer Salary
Didn't find your job?
Click
How much does an Associate Loan Officer make? The average Associate Loan Officer salary is $73,629 as of October 01, 2024, but the salary range typically falls between $64,633 and $85,153. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for a Associate Loan Officer
$64,633 to $85,153
- View Hourly Wages
- Adjust Associate Loan Officer Salary:
-
Select State
-
Select City
-
Choose Similar Job
-
Pick Related Category
- View Cost of Living in Major Cities
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Search Associate Loan Officer Job Openings
What does an Associate Loan Officer do?
Common responsibilities of an Associate Loan Officer
Reviewing all loan paperwork received from branches and compliance with the Official Lending Policy, procedures and regulatory requirements.
September 06, 2022
Collects and analyzes customer financial information for multifaceted and/or complex borrowers.
February 17, 2023
Works closely with senior loan officers and other staff to gain a sound understanding of the loan classification process.
March 03, 2023
Develops and prepares loan solutions and identifies products and services options based on customer needs.
March 09, 2023
Interact with agencies (Appraisers, Title Companies, Flood Insurance Companies, Auto Dealers, Attorneys, Insurance Companies, GrooveCar, etc.
March 30, 2023
Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
April 16, 2023
Following up with borrowers for items needed for loan submission.
April 16, 2023
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectAssociate Loan Officer Salary in Major Cities
This chart shows the salary comparison for Associate Loan Officer between major cities. San Francisco City consistently ranks #1 as of October 01, 2024. Click on the chart to see the detail salary data for Associate Loan Officer in each city.
Associate Loan Officer Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Associate Loan Officer Salary by City
Click to see the salary for Associate Loan Officer in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $92,036 |
| Washington, DC | $81,949 |
| Miami, FL | $71,052 |
| Chicago, IL | $77,237 |
| Boston, MA | $82,538 |
| New York, NY | $85,998 |
| Dallas, TX | $72,672 |
If you'd like know Associate Loan Officer Salary in other cities, then please select a city in
Average Salary Range for Associate Loan Officer
Average Base Salary
Core compensation
64633
85153
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Associate Loan Officer in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Associate Loan Officer in the United States. The base salary for Associate Loan Officer ranges from $64,633 to $85,153 with the average base salary of $73,629. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $66,975 to $93,150 with the average total cash compensation of $78,696.
View Average Salary for Associate Loan Officer as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $73,629 | $64,633 - $85,153 |
| Bonus | $5,067 | $2,343 - $7,997 |
| Total Pay | $78,696 | $66,975 - $93,150 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Associate Loan Officer online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers.
Please enter the following pay factors for Associate Loan Officer, to get a real-time salary target.
If you want to get more detailed salary information, please view Professional Salary Report
Select Relevant job experience
- Select Relevant job experience
- 0 years
- 1 years
- 2 years
- 3 years
- 4 years
- 5 years
- 6 years
- 7 years
- 8 years
- 9 years
- 10 years
- 11 years
- 12 years
- 13 years
- 14 years
- 15 years
- 16 years
- 17 years
- 18 years
Select person you report to
- Select person you report to
- Supervisor
- Manager
- Director
- Senior Management
- CEO / Board of Directors
- Other
Select Level of education
- Select Level of education
- I have not earned a degree
- High School Diploma or Tech Certificate
- Associate's Degree
- Bachelor's Degree
- Master's Degree or MBA
- JD, MD, PhD or Equivalent
Select number of people you manager
- Select number of people you manager
- 0
- 1 - 5
- 6 - 10
- 11 - 25
- 26 - 100
- 100 +
Your target salary is ?
64633
85153
Similar Jobs to Associate Loan Officer
Comments about Associate Loan Officer
What's the difference between Loan Officer and Associate Loan Officer?
According to our latest salary estimation on October 01, 2024. The average salary of Associate Loan Officer is $73,629, and the average salary of Loan Officer is $67,533. The average salary of Loan Officer is lower than Associate Loan Officer. ( 2024-09-25 salary.com )
I am an Associate Loan Officer, which location’s salary is higher, New Iberia, LA or Jefferson, CO?
Jefferson, CO typically sees higher pay than New Iberia, LA for Associate Loan Officer. an Associate Loan Officer Salary in Jefferson, CO is $74,954 as of October 01, 2024; an Associate Loan Officer Salary in New Iberia, LA is $66,708 as of October 01, 2024. ( 2024-09-25 salary.com )
Associate Loan Officer Frequently Asked Questions
Why does the salary of an Associate Loan Officer vary from city to city?
The cost of living is tied to salaries.
If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there.
This is why you're always going to make more money in New York City for example, than in a small town. ( 2024-09-25 salary.com )
What are the Pay Factors for Associate Loan Officer?
Salary ranges for an Associate Loan Officer can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience.
Click here to view Eight Factors That Can Affect Your Pay ( 2024-09-25 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company,
but there are several important pay factors that come into play based on your individual history that could impact your value to the company.
Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-09-25 salary.com )
Recently searched related titles: Lotus Notes Programmer, Practice Support Analyst, Commercial Lending Analyst
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 01, 2024