Retail Loan Officer Salary in Lorain, OH

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How much does a Retail Loan Officer make in Lorain, OH? The average Retail Loan Officer salary in Lorain, OH is $71,136 as of May 28, 2024, but the salary range typically falls between $62,400 and $81,525. 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 Retail Loan Officer

$62,400 to $81,525

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Retail Loan Officer

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Job Openings for Retail Loan Officer in Lorain, OH

Retail Mortgage Loan Officer

Mutual of Omaha Mortgage - Meridian , ID

Are you currently a productive loan officer wanting to take your business to the next level? If so ... retail branch operations functions. The role is primarily responsible, under intermittent ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 1 day ago

Mortgage Loan Officer

Loan City Mortgage - Roseville , CA

Are you currently a retail loan officer tired of selling higher interest rates? Working in the Broker channel and looking for an environment that's vibrant and full of energy? The market has changed ...

LinkedIn - 28 days ago

Mortgage Loan Officer Spanish Speaking

Cyprus Credit Union - West Jordan , UT

DUTIES OF A MORTGAGE LOAN OFFICER Assumes responsibility for the effective and professional ... Documented amount of retail residential mortgage funding's in the past 12 months with established ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 16 days ago

Loan Officer Assistant

Loan Vault Inc - Newport Beach , CA

We have merged the resiliency of retail/wholesale to offer the best mortgage options for our clients. Role Description This is a full-time on-site role as a Loan Officer Assistant at Loan Vault Inc ...

LinkedIn - 42 days ago

Retail Mortgage Loan Officer

Travis Credit Union - Vacaville , CA

TCU's Mortgage Loan Officers understand the value of providing excellent personalized member ... Responsible for mortgage loan partnership to TCU retail partners. * Participates in community ...

ZipRecruiter - 53 days ago

Mortgage Loan Officer/ Mortgage Broker

VirtuaLending - Covina , CA

Where Elite Loan Officers Thrive The Next Stage of Your High-Performing Career Starts Here Feeling constrained by your current retail lending role? VirtuaLending offers a platform tailored for ...

ZipRecruiter - 4 days ago

What does a Retail Loan Officer do?

Common responsibilities of a Retail Loan Officer

Actively educates members on credit and suggests products that will always put them in a better financial situation.

May 10, 2023

Determine customer loan needs and recommend the right products to help meet their goals according to organization's lending guidelines.

December 03, 2022

Attend sales seminars and builder/realtor meetings to generate loan volume within market area.

December 12, 2022

Provide a high level of customer service to every customer during the loan process.

February 08, 2023

Manage active pipeline from origination to closing, work effectively with fulfillment departments to ensure loan requirements are satisfied and deadlines met.

February 13, 2023

Participate in business related development opportunities that promote homeownership and professional organizations.

March 05, 2023

Understanding of federal regulations governing Real Estate Lending.

March 17, 2023

Follow up with prospects regarding documents that were submitted for review, analyze credit reports, income documents, and conduct further research as required.

March 26, 2023

Develop and maintain successful relationships with business referral sources, both existing and prospective, through marketing, cold-calling, prospecting and networking activities.

April 09, 2023

Adhere to all federal and state compliance guidelines relative to the position.

May 19, 2023

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Retail Loan Officer Salary By Experience Levels in Lorain, OH

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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.

Retail Loan Officer Salary By Level of Education in Lorain, OH

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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 Retail Loan Officer in Lorain, OH

Average Base Salary

Core compensation

62400

81525

71136

Average Total Cash Compensation

Includes base and annual incentives

64856

89450

76290

What is the average salary for Retail Loan Officer in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Retail Loan Officer in Lorain, OH. The base salary for Retail Loan Officer ranges from $62,400 to $81,525 with the average base salary of $71,136. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $64,856 to $89,450 with the average total cash compensation of $76,290.

View Average Salary for Retail Loan Officer as table

	Average Salary	Average Salary Range
Base Salary	$71,136	$62,400 - $81,525
Bonus	$5,154	$2,455 - $7,925
Total Pay	$76,290	$64,856 - $89,450

* 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.

Retail Loan Officer Salary Near Lorain, OH

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Lorain, OH
CITY, STATE Elyria, OH	AVERAGE SALARY RANGE $61,855 - $80,812	COMPARE TO Lorain, OH
CITY, STATE Lakewood, OH	AVERAGE SALARY RANGE $63,308 - $82,710	COMPARE TO Lorain, OH
CITY, STATE Cleveland, OH	AVERAGE SALARY RANGE $63,308 - $82,710	COMPARE TO Lorain, OH
CITY, STATE Euclid, OH	AVERAGE SALARY RANGE $63,257 - $82,643	COMPARE TO Lorain, OH
CITY, STATE Cuyahoga Falls, OH	AVERAGE SALARY RANGE $61,573 - $80,444	COMPARE TO Lorain, OH
CITY, STATE Akron, OH	AVERAGE SALARY RANGE $61,573 - $80,444	COMPARE TO Lorain, OH

See salaries for Retail Loan Officer in locations close to Lorain, OH. 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 Lorain, Ohio

Lorain /ləˈreɪn/ is a city in Lorain County, Ohio, United States. The municipality is located in northeastern Ohio on Lake Erie, at the mouth of the Black River, approximately 30 miles west of Cleveland. As of the 2010 census, the city had a total population of 64,097, making it Ohio's tenth largest city, the third largest in Greater Cleveland, and the largest in Lorain County by population. The city is notable for its deindustrialized economy, formerly being home to the American Ship Building Company Lorain Yard, Ford Motor Company Lorain Assembly Plant, and United States Steel Corporation's...

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

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JOB TITLE Retail Loan Processor	LOCATION Lorain, OH	MINIMUM SALARY $38,580	MAXIMUM SALARY $55,951
JOB TITLE Loan Officer	LOCATION Lorain, OH	MINIMUM SALARY $55,943	MAXIMUM SALARY $76,255
JOB TITLE Consumer Loan Officer II	LOCATION Lorain, OH	MINIMUM SALARY $46,085	MAXIMUM SALARY $57,146
JOB TITLE Consumer Loan Officer III	LOCATION Lorain, OH	MINIMUM SALARY $56,565	MAXIMUM SALARY $72,361
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JOB TITLE Construction Loan Officer	LOCATION Lorain, OH	MINIMUM SALARY $80,857	MAXIMUM SALARY $126,006

The Retail Loan 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 Lorain, OH that might be a good fit for the type of job and salary you are looking for.

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62400

81525

About Lorain, Ohio Lorain /ləˈreɪn/ is a city in Lorain County, Ohio, United States. The municipality is located in northeastern Ohio on Lake Erie, at the mouth of the B....More

Lorain, Ohio area prices were up 1.3% from a year ago

Retail Loan Officer Salary in popular cities: Columbus, Cleveland, Cincinnati

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