How much does a Residential Loan Officer make? The average Residential Loan Officer salary is $59,915 as of April 26, 2022, but the salary range typically falls between $53,677 and $66,578. 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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Job Openings for Residential Loan Officer
C&F Mortgage - Millers Tavern , VA
A Mortgage Loan Officer career offers many benefits including: * Unlimited earning potential ... Identifies and analyzes potential loan markets to develop prospects for residential real estate ...
Upward.net - 47 days ago
Atlantic Coast Mortgage - Fairfax , VA
Summary: The Loan Officer Assistant works alongside designated Loan Officers in a productive ... Residential Mortgage Licensing is a pre or post-employment requirement for the position. ACM will ...
LinkedIn - 26 days ago
Atlantic Coast Mortgage LLC - Fairfax , VA
Summary: The Loan Officer Assistant works alongside designated Loan Officers in a productive ... Residential Mortgage Licensing is a pre or post-employment requirement for the position. ACM will ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 42 days ago
Intercoastal Mortgage - Roanoke , VA
Work closely with originating loan officer(s) and loan processors to verify applications for ... Responsible for the completion of a residential loan application for each mortgagor. * Obtain all ...
ZipRecruiter - 81 days ago
McLean Mortgage Corporation - Manassas , VA
... residential mortgage loans in accordance with MMC's policies and procedures as in effect from time to time, and in accordance with Employee's terms of compensation set forth in Exhibit A as updated ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 40 days ago
Intercoastal Mortgage LLC - Fairfax , VA
Intercoastal Mortgage, LLC is one of the largest independent residential mortgage lenders in the ... The Loan Officer Assistant works with one or more senior mortgage loan officers. Their primary duty ...
ZipRecruiter - 85 days ago

Residential Loan Officer Salary in Major Cities

This chart shows the salary comparison for Residential Loan Officer between major cities. San Francisco City consistently ranks #1 as of April 26, 2022. Click on the chart to see the detail salary data for Residential Loan Officer in each city.
Click to see the salary for Residential Loan Officer in these major U.S. cities.
City Name Average Salary
San Francisco, CA $74,894
Washington, DC $66,698
Miami, FL $58,328
Chicago, IL $63,564
Boston, MA $67,507
New York, NY $72,078
Dallas, TX $59,526
If you'd like know Residential Loan Officer Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
53677
66578
59915

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
53742
66657
59966
What is the average salary for Residential Loan Officer in 2022?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Residential Loan Officer in the United States. The base salary for Residential Loan Officer ranges from $53,677 to $66,578 with the average base salary of $59,915. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,742 to $66,657 with the average total cash compensation of $59,966.
Average Salary Average Salary Range
Base Salary $59,915 $53,677 - $66,578
Bonus $50 $65 - $79
Total Pay $59,966 $53,742 - $66,657
* 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.
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Residential Loan Officer, 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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53677
66578

 

What's the difference between Residential Mortgage Loan Officer and Residential Loan Officer?
According to our latest salary estimation on April 26, 2022. The average salary of Residential Loan Officer is $59,915, and the average salary of Residential Mortgage Loan Officer is $0. The average salary of Residential Mortgage Loan Officer is lower than Residential Loan Officer. ( 2022-04-26 salary.com )
I am a Residential Loan Officer, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Residential Loan Officer. a Residential Loan Officer Salary in Arlington, MA is $67,507 as of April 26, 2022; a Residential Loan Officer Salary in San Bernardino, CA is $63,830 as of April 26, 2022. ( 2022-04-26 salary.com )
Why does the salary of a Residential Loan Officer 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. ( 2022-04-26 salary.com )
What are the Pay Factors for Residential Loan Officer?
Salary ranges for a Residential Loan Officer 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 ( 2022-04-26 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. ( 2022-04-26 salary.com )

Last Update: April 26, 2022