Home Loan Officer Salary in Reading, Pennsylvania

What is the salary range of Home Loan Officer?

As of December 01, 2024, the average annual pay of Home Loan Officer in Reading, PA is $89,631. While Salary.com is seeing that Home Loan Officer salary in Reading, PA can go up to $122,123 or down to $63,340, but most earn between $75,870 and $106,638. 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

$75,870 to $106,638

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Home Loan Officer

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Job Openings for Home Loan Officer in Reading, PA

What does a Home Loan Officer do?

Common responsibilities of a Home Loan Officer

Obtain necessary information related to outstanding conditions on loan files.

December 26, 2022

Evaluate applicant's eligibility for other types of credit union loans, products, services, and cross sell and/or refer to the appropriate department.

January 05, 2023

Attend, as required, internal training sessions, internal sales meetings, and external training opportunities as assigned by supervisor.

January 06, 2023

Demonstrated ability to analyze a customer's particular financial and housing situation and make appropriate recommendations for mortgage and other financial products based on that analysis.

February 15, 2023

Develops and executes a business development and marketing plan based on monthly and quarterly production standards under the guidance of assigned mentor or Branch Manager.

March 27, 2023

Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.

March 28, 2023

Requires a bachelor's degree in business, finance, or equivalent work experience.

April 21, 2023

Manage pipeline, work load, and stay in touch with all parties involved in transaction.

May 07, 2023

Review all Bulletins as they come out to be aware of industry, Investor and company requirements.

May 17, 2023

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Home Loan Officer Salary By Experience Levels in Reading, PA

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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.

Home Loan Officer Salary By Level of Education in Reading, PA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Home Loan Officer in Reading, PA

Average Base Salary

Core compensation

75870

106638

89631

Average Total Cash Compensation

Includes base and annual incentives

81944

128921

101994

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 Reading, PA. The base salary for Home Loan Officer ranges from $75,870 to $106,638 with the average base salary of $89,631. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $81,944 to $128,921 with the average total cash compensation of $101,994.

View Average Salary for Home Loan Officer as table

	Average Salary	Average Salary Range
Base Salary	$89,631	$75,870 - $106,638
Bonus	$12,363	$6,074 - $22,283
Total Pay	$101,994	$81,944 - $128,921

* 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.

Home Loan Officer Salary Near Reading, PA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Reading, PA
CITY, STATE Allentown, PA	AVERAGE SALARY RANGE $76,846 - $108,010	COMPARE TO Reading, PA
CITY, STATE Lancaster, PA	AVERAGE SALARY RANGE $74,703 - $104,999	COMPARE TO Reading, PA
CITY, STATE Bethlehem, PA	AVERAGE SALARY RANGE $76,846 - $108,010	COMPARE TO Reading, PA
CITY, STATE West Chester, PA	AVERAGE SALARY RANGE $79,911 - $112,319	COMPARE TO Reading, PA
CITY, STATE Lebanon, PA	AVERAGE SALARY RANGE $74,413 - $104,591	COMPARE TO Reading, PA
CITY, STATE Doylestown, PA	AVERAGE SALARY RANGE $82,914 - $116,539	COMPARE TO Reading, PA

See salaries for Home Loan Officer in locations close to Reading, PA. 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 Reading, Pennsylvania

Reading (/ˈrɛdɪŋ/ RED-ing; Pennsylvania German: Reddin) is a city in and the county seat of Berks County, Pennsylvania, United States. With a population of 87,575, it is the fifth-largest city in Pennsylvania. Located in the southeastern part of the state, it is the principal city of the Greater Reading Area, and is furthermore included in the Philadelphia-Reading-Camden PA-NJ-DE-MD Combined Statistical Area. The city, which is approximately halfway between the state's most populous city, Philadelphia, and the state capital, Harrisburg (as well as about halfway between Allentown and Lancaster)...

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

View Salary for Similar Jobs to Home Loan Officer in Reading, PA

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JOB TITLE Loan Officer	LOCATION Reading, PA	MINIMUM SALARY $58,183	MAXIMUM SALARY $78,903
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JOB TITLE Home Loan Processor	LOCATION Reading, PA	MINIMUM SALARY $41,322	MAXIMUM SALARY $51,460
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JOB TITLE Home Loan Specialist	LOCATION Reading, PA	MINIMUM SALARY $42,639	MAXIMUM SALARY $52,496
JOB TITLE Consumer Loan Officer II	LOCATION Reading, PA	MINIMUM SALARY $48,971	MAXIMUM SALARY $59,561

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