Lending Officer Salary in Gary, IN

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How much does a Lending Officer make in Gary, IN?

As of March 01, 2025, the average annual salary for a Lending Officer in Gary, IN is $76,256. Salary.com reports that pay typically ranges from $67,639 to $83,523, with most professionals earning between $59,793 and $90,139.

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Salary range for a Lending Officer
$67,639 to $83,523
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What is a Lending Officer?

A Lending Officer is responsible for evaluating and approving loan applications, as well as managing the loan portfolio of a financial institution. They work with individuals and businesses to assess their creditworthiness, determine the appropriate loan products, and negotiate terms and conditions. Lending officers also monitor the performance of existing loans, identify potential risks, and work with clients to address any issues that may arise. Additionally, they may be involved in marketing and promoting loan products to attract new customers and grow the loan portfolio. Strong analytical skills, knowledge of lending regulations, and excellent communication and customer service abilities are essential for success in this role.

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Lending Officer Salary By Experience Levels in Gary, IN

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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.

Lending Officer Salary By Level of Education in Gary, IN

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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 Lending Officer in Gary, IN

Average Base Salary

Core compensation

 
 
 
67639
83523
76256

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
68978
91632
79381
What is the average salary for Lending Officer in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Lending Officer in Gary, IN. The base salary for Lending Officer ranges from $67,639 to $83,523 with the average base salary of $76,256. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $68,978 to $91,632 with the average total cash compensation of $79,381.

View Average Salary for Lending Officer as table

Average Salary Average Salary Range
Base Salary $76,256 $67,639 - $83,523
Bonus $3,125 $1,340 - $8,109
Total Pay $79,381 $68,978 - $91,632
* 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.

Lending Officer Salary Near Gary, IN

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Gary, IN
CITY, STATE Hammond, IN AVERAGE SALARY RANGE $67,675 - $83,568 COMPARE TO Gary, IN
CITY, STATE Oak Lawn, IL AVERAGE SALARY RANGE $71,342 - $88,096 COMPARE TO Gary, IN
CITY, STATE Tinley Park, IL AVERAGE SALARY RANGE $69,219 - $85,474 COMPARE TO Gary, IN
CITY, STATE Chicago, IL AVERAGE SALARY RANGE $71,424 - $88,196 COMPARE TO Gary, IN
CITY, STATE Orland Park, IL AVERAGE SALARY RANGE $69,371 - $85,661 COMPARE TO Gary, IN
CITY, STATE Cicero, IL AVERAGE SALARY RANGE $71,424 - $88,196 COMPARE TO Gary, IN
See salaries for Lending Officer in locations close to Gary, IN. 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.

View Salary for Similar Jobs to Lending Officer in Gary, IN

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Entry Lending Officer LOCATION Gary, IN MINIMUM SALARY $47,000 MAXIMUM SALARY $58,300
JOB TITLE Lending Officer I LOCATION Gary, IN MINIMUM SALARY $46,913 MAXIMUM SALARY $58,261
JOB TITLE Lending Officer III LOCATION Gary, IN MINIMUM SALARY $86,543 MAXIMUM SALARY $107,311
JOB TITLE Lending Officer II LOCATION Gary, IN MINIMUM SALARY $66,844 MAXIMUM SALARY $82,882
JOB TITLE Senior Lending Officer LOCATION Gary, IN MINIMUM SALARY $86,550 MAXIMUM SALARY $107,320
JOB TITLE Intermediate Lending Officer LOCATION Gary, IN MINIMUM SALARY $66,900 MAXIMUM SALARY $82,900
The Lending 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 Gary, IN that might be a good fit for the type of job and salary you are looking for.

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67639
83523

 

About Gary, Indiana    Gary is a city in Lake County, Indiana, United States, 25 miles (40 km) from downtown Chicago, Illinois. Gary is adjacent to the Indiana Dunes Nationa....More

Gary, Indiana  area prices were up 1.3% from a year ago

Lending Officer Salary in popular cities: Indianapolis, Fort Wayne, Evansville

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