Loan Originator Salary in Lexington, Kentucky

What is the highest and lowest pay for Loan Originator?

As of December 01, 2024, the average annual pay of Loan Originator in Lexington, KY is $42,761. While Salary.com is seeing that the highest pay for Loan Originator in Lexington, KY can go up to $53,440 and the lowest down to $35,157, but most earn between $38,781 and $48,351. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Originator in the United States.

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Salary range for a Loan Originator

$38,781 to $48,351

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Loan Originator

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Job Openings for Loan Originator in Lexington, KY

What does a Loan Originator do?

Common responsibilities of a Loan Originator

Reviews information by examining application and documentation, reviewing credit worthiness, calculating repayment risk from information and documentation received from the borrowers.

April 03, 2023

Develop and implement sales strategies to establish relationships with non-borrower referral sources (realtors, builders, C.

April 05, 2023

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Loan Originator Salary By Experience Levels in Lexington, KY

How much should you be earning in Loan Originator in Lexington, KY based on your current experience?

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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.

Loan Originator Salary By Level of Education in Lexington, KY

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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 Loan Originator in Lexington, KY

Average Base Salary

Core compensation

38781

48351

42761

Average Total Cash Compensation

Includes base and annual incentives

40101

50784

44562

What is the average salary for Loan Originator in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Originator in Lexington, KY. The base salary for Loan Originator ranges from $38,781 to $48,351 with the average base salary of $42,761. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $40,101 to $50,784 with the average total cash compensation of $44,562.

View Average Salary for Loan Originator as table

	Average Salary	Average Salary Range
Base Salary	$42,761	$38,781 - $48,351
Bonus	$1,801	$1,321 - $2,433
Total Pay	$44,562	$40,101 - $50,784

* 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.

Loan Originator Salary Near Lexington, KY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Lexington, KY
CITY, STATE Richmond, KY	AVERAGE SALARY RANGE $38,719 - $48,274	COMPARE TO Lexington, KY
CITY, STATE Frankfort, KY	AVERAGE SALARY RANGE $38,122 - $47,529	COMPARE TO Lexington, KY
CITY, STATE Louisville, KY	AVERAGE SALARY RANGE $39,585 - $49,354	COMPARE TO Lexington, KY
CITY, STATE Covington, KY	AVERAGE SALARY RANGE $40,778 - $50,841	COMPARE TO Lexington, KY
CITY, STATE Cincinnati, OH	AVERAGE SALARY RANGE $40,778 - $50,841	COMPARE TO Lexington, KY
CITY, STATE Hamilton, OH	AVERAGE SALARY RANGE $40,611 - $50,633	COMPARE TO Lexington, KY

See salaries for Loan Originator in locations close to Lexington, KY. 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 Lexington, Kentucky

Lexington, consolidated with Fayette County and often denoted as Lexington-Fayette, is the second-largest city in Kentucky and the 60th-largest city in the United States. By land area, Lexington is the 28th largest city in the United States. Known as the "Horse Capital of the World," it is the heart of the state's Bluegrass region. It has a nonpartisan mayor-council form of government, with 12 council districts and three members elected at large, with the highest vote-getter designated vice mayor. In the 2017 U.S. Census Estimate, the city's population was 321,959, anchoring a metropolitan are...

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

View Salary for Similar Jobs to Loan Originator in Lexington, KY

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Loan Originator Assistant	LOCATION Lexington, KY	MINIMUM SALARY $39,963	MAXIMUM SALARY $49,109
JOB TITLE Mortgage Loan Originator	LOCATION Lexington, KY	MINIMUM SALARY $40,221	MAXIMUM SALARY $54,457
JOB TITLE Senior Loan Originator	LOCATION Lexington, KY	MINIMUM SALARY $74,281	MAXIMUM SALARY $104,390
JOB TITLE Commercial Loan Originator	LOCATION Lexington, KY	MINIMUM SALARY $40,852	MAXIMUM SALARY $57,263
JOB TITLE Residential Mortgage Loan Originator	LOCATION Lexington, KY	MINIMUM SALARY $54,522	MAXIMUM SALARY $73,937
JOB TITLE Senior Mortgage Loan Originator	LOCATION Lexington, KY	MINIMUM SALARY $42,732	MAXIMUM SALARY $57,971

The Loan Originator 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 Lexington, KY that might be a good fit for the type of job and salary you are looking for.

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