Average Salary Of A Mortgage Loan Officer

The average Mortgage Loan Officer salary in USA is $100,000 per year or $51.28 per hour. Entry level positions start at $15,600 per year while most experienced workers make up to $170,000 per year.

While we experienced improved loan production, payoffs trended upwards, reflecting the low mortgage rate environment..

The average salary for a Loan Officer is $87,311 per year in California, which is 13% above the national average. Salary estimates are based on 830 salaries submitted anonymously to Indeed by Loan Officer employees, users, and collected from past and present job advertisements on Indeed in the past 36 months.

Loan Officer average salary is $52,595, median salary is $48,000 with a salary range from $26,780 to $102,900. Loan Officer salaries are collected from government agencies and companies. Each salary is associated with a real job position. Loan Officer salary statistics is not exclusive and is for reference only.

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How much does a Mortgage Loan Officer III make in Arizona? The average Mortgage Loan Officer III salary in Arizona is $74,416 as of June 27, 2019, but the range typically falls between $65,105 and $94.

Mortgage loan originators can have a salary ranging from $50,000-$70,000 a year. Some people make an average of $40,000 a year while others make upwards of $100,000. It all depends on particulars. The salary range for mortgage loan originators increases and decreases based on.

The base salary for Loan Officer ranges from $57,031 to $73,944 with the average base salary of $65,205. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $59,367 to $81,272 with the average total cash compensation of $69,666.

The average salary for a Loan Officer is $86,134 per year in California, which is 12% above the national average. Salary estimates are based on 870 salaries submitted anonymously to Indeed by Loan Officer employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. The typical tenure for a Loan Officer is 1-3 years.

Mortgage Loan Officer average salary is $70,000, median salary is $- with a salary range from $- to $-. Mortgage Loan Officer salaries are collected from government agencies and companies. Each salary is associated with a real job position. Mortgage Loan Officer salary statistics is not exclusive and is for reference only.

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A loan officer is a representative of a bank, credit union, or other financial institution who finds and assists borrowers in acquiring loans. Loan officers can work with a wide variety of lending.

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