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0 Bank of America Loan Officer Salaries

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$81K Charlotte, NC Loan Officer Average Salary at Bank of America (2 salaries)

+$33K (51%) more than national average Loan Officer salary ($48K)
+$36K (57%) more than average Bank of America salary ($45K)
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$100K
$150K
$91K Bank of America Loan Officer in Charlotte, NC ·
+$44K (63%) more than average Bank of America Loan Officer salary ($47K)
"The amount of income was eventually capped, however, I thought the compensation was fair, and my income would constantly fluctuate from year to year."
$70K Bank of America Loan Officer in Charlotte, NC ·
+$23K (39%) more than average Bank of America Loan Officer salary ($47K)

$55K Corona, CA Loan Officer Average Salary at Bank of America ·

+$7K (13%) more than national average Loan Officer salary ($48K)
+$10K (20%) more than average Bank of America salary ($45K)
"Bank of America starts you at a decent hourly rate during your 1 year of training. After a year your hourly rate changes to a lesser amount. You have many ways to make money through referrals made to your partners inside the branch. Bank of America expectations in funding 5 loans a month is not doable because a lot of our clients, do not have a social security number, assets, compensation factors, or the credit to be approved for a loan and we do not have good pricing. You have to work extra hours to meet your goal, funding 5 loans and they do pay overtime."

$62K Las Vegas, NV Loan Officer Average Salary at Bank of America ·

+$14K (25%) more than national average Loan Officer salary ($48K)
+$17K (31%) more than average Bank of America salary ($45K)
"The salary in my current position was, what I considered competitive when I first started there. My co-workers and I made industry standard salaries, with a lucrative bonus structure. It worked well, but as we made record income in our department for the company, a new management team started to re-structure the incentive payout scale to gradually reduce bonus pay each quarter."

$65K Peoria, AZ Loan Officer Average Salary at Bank of America ·

+$17K (30%) more than national average Loan Officer salary ($48K)
+$20K (36%) more than average Bank of America salary ($45K)
"Salary plus commission. No payback on monthly compensation. Similar pay structure to other banks"

$50K Buford, GA Loan Officer Average Salary at Bank of America ·

+$2K (4%) more than national average Loan Officer salary ($48K)
+$5K (10%) more than average Bank of America salary ($45K)

$50K Addison, TX Loan Officer Average Salary at Bank of America ·

+$2K (4%) more than national average Loan Officer salary ($48K)
+$5K (10%) more than average Bank of America salary ($45K)

$50K San Antonio, TX Loan Officer Average Salary at Bank of America ·

+$2K (4%) more than national average Loan Officer salary ($48K)
+$5K (10%) more than average Bank of America salary ($45K)

$75K Ontario, CA Loan Officer Average Salary at Bank of America ·

+$27K (43%) more than national average Loan Officer salary ($48K)
+$30K (50%) more than average Bank of America salary ($45K)

$51K Bank of America Loan Officer without location (282 salaries)

+$3K (6%) more than national average Loan Officer salary ($48K)
+$6K (12%) more than average Bank of America salary ($45K)
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