Retail Loan Officer Salary

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How much does a Retail Loan Officer make? The average Retail Loan Officer salary is $72,770 as of March 26, 2024, but the salary range typically falls between $63,835 and $83,396. 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
$63,835 to $83,396
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Job Openings for Retail Loan Officer
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 - 3 days ago
Retail Mortgage Loan Officer
Mutual of Omaha Mortgage - Saint Charles , IL
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 - 52 days ago
Mortgage Loan Officer
Primary Residential Mortgage - Phoenix , AZ
What we're looking for in a Mortgage Loan Officer: Approximately 2 years of successful experience in retail mortgage origination, less experience may be considered given past achievements. You must ...
LinkedIn - 10 days ago
SBA Loan Officer
Bank of the Orient - San Francisco , CA
SBA Loan Officer Bank of the Orient is an independent Asian Community Bank that has proudly served ... Minimum 8 years experience in all phases of retail bank operations. Minimum 5 years of experience ...
ZipRecruiter - 11 days ago
Loan Officer Assistant (On-Site)
CrossCountry Mortgage, LLC. - Reno , NV
CrossCountry Mortgage (CCM) is one of the nation's top 3 retail mortgage lenders with more than 7 ... The Loan Partner works directly with CCM customers, loan officers, and processors to ensure a ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 16 days ago
Loan Officer
Northpointe Bank - Fresno , CA
Northpointe Bank is seeking a detail oriented, customer service minded individual to join our Retail Lending Team in Fresno, California as a Loan Officer . This position requires an individual who ...
LinkedIn - 36 days ago

Retail Loan Officer Salary in Major Cities

This chart shows the salary comparison for Retail Loan Officer between major cities. San Francisco City consistently ranks #1 as of March 26, 2024. Click on the chart to see the detail salary data for Retail Loan Officer in each city.

Retail Loan Officer Salary by City

Click to see the salary for Retail Loan Officer in these major U.S. cities.
City Name Average Salary
San Francisco, CA $90,963
Washington, DC $80,993
Miami, FL $70,223
Chicago, IL $76,336
Boston, MA $81,575
New York, NY $84,995
Dallas, TX $71,824
If you'd like know Retail Loan Officer Salary in other cities, then please select a city in

Average Salary Range for Retail Loan Officer

Average Base Salary

Core compensation

 
 
 
63835
83396
72770

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
66344
91503
78042
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 the United States. The base salary for Retail Loan Officer ranges from $63,835 to $83,396 with the average base salary of $72,770. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $66,344 to $91,503 with the average total cash compensation of $78,042.

View Average Salary for Retail Loan Officer as table

Average Salary Average Salary Range
Base Salary $72,770 $63,835 - $83,396
Bonus $5,272 $2,509 - $8,107
Total Pay $78,042 $66,344 - $91,503
* 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.

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Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Retail 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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63835
83396

 

Comments about Retail Loan Officer

What's the difference between Agricultural Loan Officer and Retail Loan Officer?
According to our latest salary estimation on March 26, 2024. The average salary of Retail Loan Officer is $72,770, and the average salary of Agricultural Loan Officer is $104,558. The average salary of Agricultural Loan Officer is higher than Retail Loan Officer. ( 2024-03-27 salary.com )
I am a Retail Loan Officer, which location’s salary is higher, Oxnard, CA or Hutchinson, KS?
Oxnard, CA typically sees higher pay than Hutchinson, KS for Retail Loan Officer. a Retail Loan Officer Salary in Oxnard, CA is $78,010 as of March 26, 2024; a Retail Loan Officer Salary in Hutchinson, KS is $67,240 as of March 26, 2024. ( 2024-03-27 salary.com )

Retail Loan Officer Frequently Asked Questions

Why does the salary of a Retail 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. ( 2024-03-27 salary.com )
What are the Pay Factors for Retail Loan Officer?
Salary ranges for a Retail 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 ( 2024-03-27 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. ( 2024-03-27 salary.com )

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Last Update: March 26, 2024