Home Loan Officer Salary in the United States

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What is the salary range of Home Loan Officer?

As of November 01, 2024, the average annual pay of Home Loan Officer in the United States is $89,865. While Salary.com is seeing that Home Loan Officer salary in the US can go up to $122,437 or down to $63,506, but most earn between $76,068 and $106,915. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Home Loan Officer in the United States.

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Salary range for a Home Loan Officer
$76,068 to $106,915
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Home Loan Officer Salary in Major Cities

This chart shows the salary comparison for Home Loan Officer between major cities. San Francisco City consistently ranks #1 as of November 01, 2024. Click on the chart to see the detail salary data for Home Loan Officer in each city.

Home Loan Officer Salary by City

Click to see the salary for Home Loan Officer in these major U.S. cities.
City Name Average Salary
San Francisco, CA $112,332
Washington, DC $100,020
Miami, FL $86,720
Chicago, IL $94,269
Boston, MA $100,739
New York, NY $104,963
Dallas, TX $88,697
If you'd like know Home Loan Officer Salary in other cities, then please select a city in

Average Salary Range for Home Loan Officer

Average Base Salary

Core compensation

 
 
 
76068
106915
89865

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
82155
129258
102259
What is the average salary for Home 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 Home Loan Officer in the United States. The base salary for Home Loan Officer ranges from $76,068 to $106,915 with the average base salary of $89,865. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $82,155 to $129,258 with the average total cash compensation of $102,259.

View Average Salary for Home Loan Officer as table

Average Salary Average Salary Range
Base Salary $89,865 $76,068 - $106,915
Bonus $12,393 $6,087 - $22,343
Total Pay $102,259 $82,155 - $129,258
* 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 Home 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 Home Loan Officer, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Your target salary is ?
76068
106915

 

Comments about Home Loan Officer

What's the difference between Loan Officer and Home Loan Officer?
According to our latest salary estimation on November 01, 2024. The average salary of Home Loan Officer is $89,865, and the average salary of Loan Officer is $67,714. The average salary of Loan Officer is lower than Home Loan Officer. ( 2024-10-25 salary.com )
I am a Home Loan Officer, which location’s salary is higher, Saint Louis, MO or Grand Forks, ND?
Saint Louis, MO typically sees higher pay than Grand Forks, ND for Home Loan Officer. a Home Loan Officer Salary in Saint Louis, MO is $87,978 as of November 01, 2024; a Home Loan Officer Salary in Grand Forks, ND is $84,474 as of November 01, 2024. ( 2024-10-25 salary.com )

Home Loan Officer Frequently Asked Questions

Why does the salary of a Home 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. ( 2024-10-25 salary.com )
What are the Pay Factors for Home Loan Officer?
Salary ranges for a Home 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 ( 2024-10-25 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. ( 2024-10-25 salary.com )

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Last Update: November 01, 2024