How much does a Mortgage Loan Officer Assistant make? The average Mortgage Loan Officer Assistant salary is $45,185 as of October 28, 2020, but the salary range typically falls between $38,822 and $56,241. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for a Mortgage Loan Officer Assistant
$38,822 to $56,241
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What does a Mortgage Loan Officer Assistant do?
Mortgage Loan Officer Assistant in Fort Wayne, IN
Understand loan documents, mortgage process and loan origination system to effectively manage an application through the system (including copying, scanning and uploading, etc.
May 19, 2020
Mortgage Loan Officer Assistant in Minneapolis, MN
Follow up requests to clients, agents, title companies and other 3rd party vendors for additional documentation that may be needed to obtain mortgage approval.
June 04, 2020
Mortgage Loan Officer Assistant
Demonstrated experience with attention to detail, written and oral communication, multi-tasking, and working in a team atmosphere adhering to tight deadlines.
February 11, 2020
Review new loans, and send a needed items list to Borrower, Loan Officer (LO) and Mortgage Loan Partner (MLP) (if applicable) within 1 business days of receiving file.
March 21, 2020
Collects customer documentation necessary to complete the loan transaction, such as income documentation, asset statements and initial disclosures documents.
March 26, 2020
Communicates with customers, internal staff, and all third party providers to respond to inquiries, resolve problems and obtain all necessary documentation required for the file.
April 07, 2020
Assist with interviewing loan applicants, data/loan application input, submission to various systems for credit and automated underwriting review, negotiates loan terms and conditions, compliant initial loan estimate disclosure and gathering of all necessary information to submit a complete loan package into loan processing.
May 30, 2020
Mortgage Loan Officer Assistant Salary in Major Cities
This chart shows the salary comparison for Mortgage Loan Officer Assistant between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Mortgage Loan Officer Assistant in each city.
Mortgage Loan Officer Assistant Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
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- Georgia
- Hawaii
- Iowa
- Idaho
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Mortgage Loan Officer Assistant Salary by City
Click to see the salary for Mortgage Loan Officer Assistant in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $56,481 |
| Washington, DC | $50,300 |
| Miami, FL | $43,988 |
| Chicago, IL | $47,936 |
| Boston, MA | $50,910 |
| New York, NY | $54,358 |
| Dallas, TX | $44,891 |
If you'd like know Mortgage Loan Officer Assistant Salary in other cities, then please select a city in
Average Salary Range for Mortgage Loan Officer Assistant
Average Base Salary
Core compensation
38822
56241
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Mortgage Loan Officer Assistant in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Officer Assistant in the United States. The base salary for Mortgage Loan Officer Assistant ranges from $38,822 to $56,241 with the average base salary of $45,185. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $38,822 to $56,241 with the average total cash compensation of $45,185.
View Average Salary for Mortgage Loan Officer Assistant as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $45,185 | $38,822 - $56,241 |
| Bonus | $0 | $0 - $0 |
| Total Pay | $45,185 | $38,822 - $56,241 |
* 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 Mortgage Loan Officer Assistant 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 Mortgage Loan Officer Assistant, 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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Comments about Mortgage Loan Officer Assistant
What's the difference between Mortgage Loan Officer and Mortgage Loan Officer Assistant?
According to our latest salary estimation on October 28, 2020. The average salary of Mortgage Loan Officer Assistant is $45,185, and the average salary of Mortgage Loan Officer is $53,710. The average salary of Mortgage Loan Officer is higher than Mortgage Loan Officer Assistant. ( 2020-10-28 salary.com )
I am a Mortgage Loan Officer Assistant, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Mortgage Loan Officer Assistant. a Mortgage Loan Officer Assistant Salary in New Britain, CT is $48,800 as of October 28, 2020; a Mortgage Loan Officer Assistant Salary in Barnstable, MA is $47,648 as of October 28, 2020. ( 2020-10-28 salary.com )
Mortgage Loan Officer Assistant Frequently Asked Questions
Why does the salary of a Mortgage Loan Officer Assistant 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. ( 2020-10-28 salary.com )
What are the Pay Factors for Mortgage Loan Officer Assistant?
Salary ranges for a Mortgage Loan Officer Assistant 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 ( 2020-10-28 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. ( 2020-10-28 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 28, 2020