What does a Loan Officer do?

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Average Years of Experience

0 - 1
14%
2 - 4
74%
5 - 7
5%
8+
7%

Common Skill Sets

BS Degree
Negotiation
Business Writing
VERBAL Communication
Interpersonal and Communication
Excellent Customer Service
Written Communication
Spreadsheets

Loan Officer Seniority Levels

L2
Loan Officer
$68,000/yr
L3
Senior Loan Officer
No Salary Reports
L4
Lead Loan Officer
No Salary Reports
Underwriting Assistant
4% made the transition
Loan Processor
17% made the transition
See Career Path

Loan Officer Salaries

Average Base Pay

$68,000 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
$51K
Median: $68K
$175K
See More Insights
Glassdoor Estimated Salary

Loan Officer jobs

Loan Officer Interviews