Associate Loan Officer Salary in Chicago, IL

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How much does an Associate Loan Officer make in Chicago, IL? The average Associate Loan Officer salary in Chicago, IL is $76,336 as of March 26, 2024, but the salary range typically falls between $66,962 and $87,483. 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.

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Salary range for a Associate Loan Officer

$66,962 to $87,483

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Associate Loan Officer

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Job Openings for Associate Loan Officer in Chicago, IL

Loan Officer Associate

NOVA Home Loans - Phoenix , AZ

Evolving as a Loan Officer Associate by having... * High School Diploma or GED is required; and * Mortgage Loan Originator License with a maintained license is preferred. * A minimum of two (2) years ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 22 days ago

Loan Officer

Inspire Home Loans - Houston , TX

The Loan Officer will ensure exceptional customer service by maintaining thorough knowledge of ... Communicate effectively with all parties to include the customer, the sales associate, processing ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 32 days ago

(Senior) Loan Officer

BridgePoint Associates - Fresno , CA

Senior Loan Officer & Loan Officer Nonprofit Community Development Financial Institution Loan Officer: Ideally Central Coast Area; $65,000 to $90,000 per year, with potential flexibility based on ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 84 days ago

State Bank of Herscher Loan Officer

Foresight Financial Group Inc - Kankakee , IL

The Loan Officer is responsible for the origination and relationship management of a sound and ... Maintains professional communication and conduct with all clients, prospects, and associates

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 38 days ago

Loan Officer Assistant

M/I Homes - San Antonio , TX

State of Texas Loan Officer License required for Texas employees. BUILDER MORTGAGE experience ... Valid driver's license required for travel remote sales offices and potential business associates

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 47 days ago

Business Development Officer (in LA office)

PetroCal Associates - Los Angeles , CA

Loan sizes will typically range from $1MM to $30MM and will typically be secured by real estate ... The Business Development Officer will work closely with the CEO and Senior Underwriter to ensure ...

LinkedIn - 20 days ago

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

Provide disclosures within regulatory guidelines and provide re-disclosure as required by regulatory guidelines through understanding of TRID requirements.

April 26, 2023

Makes and services leases, loans for operating equipment and real estate, and offering other related services such as cash management products within delegated authority and in accordance with association policies.

May 19, 2023

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Associate Loan Officer Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Associate Loan Officer Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

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Average Salary Range for Associate Loan Officer in Chicago, IL

Average Base Salary

Core compensation

66962

87483

76336

Average Total Cash Compensation

Includes base and annual incentives

69595

95987

81866

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 Chicago, IL. The base salary for Associate Loan Officer ranges from $66,962 to $87,483 with the average base salary of $76,336. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $69,595 to $95,987 with the average total cash compensation of $81,866.

View Average Salary for Associate Loan Officer as table

	Average Salary	Average Salary Range
Base Salary	$76,336	$66,962 - $87,483
Bonus	$5,530	$2,632 - $8,505
Total Pay	$81,866	$69,595 - $95,987

* 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.

Associate Loan Officer Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $67,339 - $87,975	COMPARE TO Chicago, IL
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $67,339 - $87,975	COMPARE TO Chicago, IL
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $67,262 - $87,875	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $67,314 - $87,941	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $67,314 - $87,941	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $65,806 - $85,972	COMPARE TO Chicago, IL

See salaries for Associate Loan Officer in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

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 most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Associate Loan Officer job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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66962

87483

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

Associate Loan Officer Salary in popular cities: Aurora, Rockford, Joliet

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