average salary of a mortgage loan officer

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Or what the average mortgage loan officer salary is? Well, take note that most loan officers do not receive a base salary, only commission, so they are paid for performance. Sales performance. The median income for a loan officer in the United States was $63,650 in 2016, according to the Bureau of Labor Statistics (BLS).

According to our 100% employer reported salary sources the median salary for a Mortgage Loan Officer I with a Master’s Degree or MBA is $40,381 – $45,066. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

The average salary for a Loan Officer is $44,319 per year in Canada. Salary estimates are based on 24 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.

As of Sep 20, 2019, the average annual pay for a Mortgage Loan Officer in the United States is $74,020 a year. While ZipRecruiter is seeing annual salaries as high as $180,500 and as low as $15,500, the majority of Mortgage Loan Officer salaries currently range between $31,500 (25th percentile) to $100,000 (75th percentile) across the United States.

"There’s more unemployment, periods where people have holes in their income, there’s people who don’t have steady salaries," he. researching your small loan request, Jacobs says. That means they’ll.

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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.

The loan officer will be responsible for an existing loan portfolio in addition to efficient and sound loan growth. Estimated: $57,000 – $81,000 a year sr. mortgage loan officer/originator