Real Estate Loan Officer Salary in Chicago, IL

How much does a Real Estate Loan Officer make in Chicago, IL? The average Real Estate Loan Officer salary in Chicago, IL is $50,013 as of December 28, 2020, but the salary range typically falls between $45,326 and $56,313. 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.

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Salary range for a Real Estate Loan Officer

$45,326 to $56,313

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Real Estate Loan Officer

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Job Openings for Real Estate Loan Officer in Chicago, IL

Inside Mortgage Loan Officer

Fairway Independent Mortgage - Chicago , IL

The Inside Loan Officer position proactively markets and originates mortgage loan products in order ... to real estate lending * Advises consumers of Fairway's lending guidelines and procedures

ZipRecruiter - 58 days ago

Mortgage Loan Officer

Fairway Independent Mortgage - Chicago , IL

The Loan Officer position proactively markets and originates mortgage loan products in order to ... Develops and maintains a network of real estate agents, builders, and other professionals who can ...

ZipRecruiter - 58 days ago

Real Estate Agent

AptAmigo - Chicago , IL

No real estate background? No problem. 100% of our hires without real estate experience have ... Help improve our software and service directly with our CEO and CTO That said, we're a start-up so ...

LinkedIn - 8 days ago

Mortgage Loan Originator

Sun West Mortgage Company, Inc. - Chicago , IL

We are looking for an experienced, service and detail-oriented mortgage loan officer to join our ... Banking, business, real estate, or related Bachelor's degree required * Exceptional decision-making ...

ZipRecruiter - 57 days ago

Investment Real Estate Sales Associate

NetWorth Realty USA - Villa Park , IL

Willing to obtain Real Estate license and loan officer license * Exceptional communication skills both in person and over the phone * Self-motivated, goal-oriented, enthusiastic, and eager to learn

ZipRecruiter - 46 days ago

Loan Document Shipper

Waterman State Bank - Chicago , IL

... real estate professionals, and homebuilders. We are a bank that focuses on mortgage lending options. We serve clients in all 50 states for their home lending needs.

ZipRecruiter - 12 days ago

What does a Real Estate Loan Officer do?

Real Estate Loan Officer

Provides support and assistance to the branch and loan officers in other areas in the origination of commercial real estate loans by providing quality service.

March 18, 2020

Evaluate and service the needs of present and potential customers seeking a variety of commercial loans, deposit accounts and other bank products.

May 06, 2020

Demonstrates effective face-to-face and telephone interviewing skills and techniques, including the ability to discuss loan denials, loan alternatives, interest rates, and follow-up items.

May 13, 2020

Supports the quality process, participates in task forces, departmental meetings, and other activities.

June 07, 2020

Review construction inspections and, with the assistance of the construction loan administrator, monitor draw requests to ensure that sufficient money remains to complete the project.

July 25, 2020

Develop material for loan presentations, and make presentations to the Executive Committee as required in accordance with loan authority and commercial loan policy.

August 03, 2020

Performs pre-qualification assessment of applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness, including the analysis of financial condition and if the risk of request is within the framework of Banks credit culture and current economic and industry trends.

August 17, 2020

Attend loan closings, industry events, and other opportunities for networking and business development.

September 05, 2020

Prepare and deliver to applicants all documents and required disclosures according to product requested meeting timing requirements.

September 10, 2020

Meets with applicants to develop a complete package of information on both the real estate which will serve as collateral and the financial condition of the borrower(s) and/or guarantor(s).

September 22, 2020

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About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

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

Understand the total compensation opportunity for a Real Estate Loan Officer, base salary plus other pay elements

Average Base Salary

Core compensation

45326

56313

50013

Average Total Cash Compensation

Includes base and annual incentives

46399

58159

51149

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Real Estate Loan Officer in Chicago, IL. The base salary for Real Estate Loan Officer ranges from $45,326 to $56,313 with the average base salary of $50,013. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,399 to $58,159 with the average total cash compensation of $51,149.

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45326

56313

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Real Estate Loan Officer Salary in popular cities: Aurora, Rockford, Joliet

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