Mortgage Loan Officer Salary

That works out to an hourly wage of 30 60 per hour which isn t terrible by any stretch.

Mortgage loan officer salary. The national average salary for a mortgage loan officer is 40 569 in united states. The best paid 25 percent made 92 240 that year while the lowest paid 25 percent made 44 500. Filter by location to see mortgage loan officer salaries in your area.

The median income for a loan officer in the united states was 63 650 in 2016 according to the bureau of labor statistics bls. The base salary for mortgage loan officer i ranges from 35 609 to 53 039 with the average base salary of 43 538. 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.

How much does a loan officer make. The average salary for a loan officer is 140 563 per year in the united states and 24 000 commission per year. Visit payscale to research mortgage loan officer salaries by city experience skill employer and more.

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. Loan officers made a median salary of 63 040 in 2018. Salary estimates are based on 1 307 salaries submitted anonymously to glassdoor by mortgage loan officer employees.

The average salary for a mortgage loan officer is 48 592.