Mortgage Loan Officer Salary

The best paid 25 percent made 92 240 that year while the lowest paid 25 percent made 44 500.

Mortgage loan officer salary. Apply to loan officer junior loan officer loan processor and more. The base salary for mortgage loan officer i ranges from 35 609 to 53 039 with the average base salary of 43 538. The total cash compensation which includes base and annual incentives can vary anywhere from 56 077 to 112 495 with the average total cash compensation of 78 469.

Loan officers made a median salary of 63 040 in 2018. The national average salary for a mortgage loan officer is 40 569 in united states. Bank of america mortgage loan officer salaries 18 salaries reported california 37 093 yr network capital mortgage loan officer salaries 17 salaries reported california 13 hr loandepot mortgage loan officer salaries 12 salaries reported california 11 hr bank of america mortgage loan officer.

Filter by location to see mortgage loan officer salaries in your area. That works out to an hourly wage of 30 60 per hour which isn t terrible by any stretch. While ziprecruiter is seeing annual salaries as high as 181 000 and as low as 16 000 the majority of mortgage loan officer salaries currently range between 35 000 25th percentile to 100 000 75th percentile across the united states.

Visit payscale to research mortgage loan officer salaries by city experience skill employer and more. How much does a loan officer make. As of sep 22 2020 the average annual pay for a mortgage loan officer in the united states is 73 756 a year.

Salary estimates are based on 1 307 salaries submitted anonymously to glassdoor by mortgage loan officer employees.