How much does a Senior Loan Originator make? The average Senior Loan Originator salary is $59,004 as of October 25, 2023, but the salary range typically falls between $53,134 and $66,012. 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 Senior Loan Originator
$53,134 to $66,012
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What does a Senior Loan Originator do?
Senior Loan Originator
Maintains an open line of oral and written communication with processor, underwriter, closer and other parties to the transaction.
December 22, 2022
Completes mortgage applications for submission to the loan processing and underwriting departments.
December 27, 2022
Communicates with borrower and obtain any necessary post-closing documentation.
March 02, 2023
Participates in sales and file review meetings as directed by VP Home Loans and Operations Staff.
March 06, 2023
Assists Processors by helping compile conditions of loan approvals to submit to underwriting for final approval.
April 01, 2023
Demonstrate a high level of knowledge of Bank Secrecy Act and OFAC related responsibilities in the performance of daily operations to ensure adherence to bank policies and compliance with all regulatory requirements.
April 17, 2023
Delivers superior customer service results at all stages of the loan process.
May 16, 2023
Senior Loan Originator Salary in Major Cities
This chart shows the salary comparison for Senior Loan Originator between major cities. San Francisco City consistently ranks #1 as of October 25, 2023. Click on the chart to see the detail salary data for Senior Loan Originator in each city.
Senior Loan Originator Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Senior Loan Originator Salary by City
Click to see the salary for Senior Loan Originator in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $73,755 |
| Washington, DC | $65,683 |
| Miami, FL | $57,264 |
| Chicago, IL | $62,244 |
| Boston, MA | $66,480 |
| New York, NY | $69,330 |
| Dallas, TX | $58,621 |
If you'd like know Senior Loan Originator Salary in other cities, then please select a city in
Average Salary Range for Senior Loan Originator
Average Base Salary
Core compensation
53134
66012
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Senior Loan Originator in 2023?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Loan Originator in the United States. The base salary for Senior Loan Originator ranges from $53,134 to $66,012 with the average base salary of $59,004. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,134 to $66,012 with the average total cash compensation of $59,004.
View Average Salary for Senior Loan Originator as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $59,004 | $53,134 - $66,012 |
| Bonus | $0 | $0 - $0 |
| Total Pay | $59,004 | $53,134 - $66,012 |
* 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 Senior Loan Originator 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 Senior Loan Originator, 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 Senior Loan Originator
What's the difference between Senior Mortgage Loan Originator and Senior Loan Originator?
According to our latest salary estimation on October 25, 2023. The average salary of Senior Loan Originator is $59,004, and the average salary of Senior Mortgage Loan Originator is $57,717. The average salary of Senior Mortgage Loan Originator is lower than Senior Loan Originator. ( 2023-10-26 salary.com )
I am a Senior Loan Originator, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Senior Loan Originator. a Senior Loan Originator Salary in New Britain, CT is $63,725 as of October 25, 2023; a Senior Loan Originator Salary in Barnstable, MA is $62,800 as of October 25, 2023. ( 2023-10-26 salary.com )
Senior Loan Originator Frequently Asked Questions
Why does the salary of a Senior Loan Originator 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. ( 2023-10-26 salary.com )
What are the Pay Factors for Senior Loan Originator?
Salary ranges for a Senior Loan Originator 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 ( 2023-10-26 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. ( 2023-10-26 salary.com )
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Last Update: October 25, 2023