Loans Officer Salary in Boise, ID

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What is the salary range of Loans Officer?

As of December 01, 2024, the average annual pay of Loans Officer in Boise, ID is $63,136. While Salary.com is seeing that Loans Officer salary in Boise, ID can go up to $83,772 or down to $46,680, but most earn between $54,522 and $73,937. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loans Officer in the United States.

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Salary range for a Loans Officer
$54,522 to $73,937
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What is a Loans Officer?

A Loans Officer is responsible for evaluating, authorizing, or recommending approval of loan applications for individuals and businesses. They analyze the financial status of loan applicants, review credit reports, and assess the risk involved in granting loans. Loans Officers also work with clients to explain loan options and terms, and ensure that all necessary documentation is completed accurately. They may also be responsible for monitoring and managing existing loan accounts, as well as promoting and marketing loan products to potential customers. Strong communication and customer service skills are essential for this role, as Loans Officers must be able to build and maintain relationships with clients while adhering to lending regulations and company policies.

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Loans Officer Salary By Experience Levels in Boise, ID

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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.

Loans Officer Salary By Level of Education in Boise, ID

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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 Loans Officer in Boise, ID

Average Base Salary

Core compensation

 
 
 
54522
73937
63136

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63363
88831
74563
What is the average salary for Loans Officer in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loans Officer in Boise, ID. The base salary for Loans Officer ranges from $54,522 to $73,937 with the average base salary of $63,136. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,363 to $88,831 with the average total cash compensation of $74,563.

View Average Salary for Loans Officer as table

Average Salary Average Salary Range
Base Salary $63,136 $54,522 - $73,937
Bonus $11,427 $8,841 - $14,894
Total Pay $74,563 $63,363 - $88,831
* 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.

Loans Officer Salary Near Boise, ID

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Boise, ID
CITY, STATE Meridian, ID AVERAGE SALARY RANGE $54,538 - $73,959 COMPARE TO Boise, ID
CITY, STATE Nampa, ID AVERAGE SALARY RANGE $54,011 - $73,243 COMPARE TO Boise, ID
CITY, STATE Caldwell, ID AVERAGE SALARY RANGE $53,952 - $73,164 COMPARE TO Boise, ID
CITY, STATE Twin Falls, ID AVERAGE SALARY RANGE $50,888 - $69,008 COMPARE TO Boise, ID
CITY, STATE Pocatello, ID AVERAGE SALARY RANGE $50,946 - $69,088 COMPARE TO Boise, ID
CITY, STATE Idaho Falls, ID AVERAGE SALARY RANGE $53,294 - $72,272 COMPARE TO Boise, ID
See salaries for Loans Officer in locations close to Boise, ID. 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 Loans Officer in Boise, ID

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Officer, Entry - Mortgage Loans LOCATION Boise, ID MINIMUM SALARY $39,800 MAXIMUM SALARY $54,000
JOB TITLE Officer, Experienced - Mortgage Loans LOCATION Boise, ID MINIMUM SALARY $53,800 MAXIMUM SALARY $73,000
JOB TITLE Officer, Senior - Mortgage Loans LOCATION Boise, ID MINIMUM SALARY $75,300 MAXIMUM SALARY $103,400
JOB TITLE Loan Review Officer -Small Loans LOCATION Boise, ID MINIMUM SALARY $53,010 MAXIMUM SALARY $76,130
JOB TITLE Loan Review Officer - Large Loans LOCATION Boise, ID MINIMUM SALARY $75,800 MAXIMUM SALARY $103,900
JOB TITLE Loans Manager LOCATION Boise, ID MINIMUM SALARY $137,047 MAXIMUM SALARY $184,659
The Loans 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 Boise, ID that might be a good fit for the type of job and salary you are looking for.

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54522
73937

 

About Boise, Idaho    Boise (/ˈbɔɪsi/ (listen)) is the capital and most populous city of the U.S. state of Idaho, and is the county seat of Ada County. Located on the Boise....More

Boise, Idaho  area prices were up 2.5% from a year ago

Loans Officer Salary in popular cities: Nampa, Meridian, Idaho Falls

Recently searched related titles: Loan Closing Analyst, Home Loan Advisor, Loan Closing Officer

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Loans Officer : Escrow Processor, Mortgage Loan Originator Assistant, Mortgage Loan Servicer