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6,477 Loan Officer Salaries

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$48K Home Finance of America's Average Loan Officer Salary (10 salaries)

+$3K (6%) more than national average Loan Officer salary ($45K)
-$2K (4%) less than average Home Finance of America salary ($50K)
$50K
$100K
$150K
+$12K (22%) more than average Home Finance of America Loan Officer salary ($48K)
"The opportunity to make good money is completely up to the Loan Officer at Home Finance of America; they always provide plenty of good leads, so I am never going to be underpaid so long as I do my job well."
+$27K (43%) more than average Home Finance of America Loan Officer salary ($48K)
"Just right considering I don't pay any of the advertising costs."
+$12K (22%) more than average Home Finance of America Loan Officer salary ($48K)
"Neither; with the amount of leads provided to me, I dictate my own income!"
See 7 More Home Finance of America Loan Officer Salaries

$46K Bank of America's Average Loan Officer Salary (290 salaries)

+$1K (2%) more than national average Loan Officer salary ($45K)
+$1K (2%) more than average Bank of America salary ($45K)
$50K
$100K
$150K
+$45K (65%) more than average Bank of America Loan Officer salary ($46K)
"The amount of income was eventually capped, however, I thought the compensation was fair, and my income would constantly fluctuate from year to year."
-$10K (24%) less than average Bank of America Loan Officer salary ($46K)
-$16K (42%) less than average Bank of America Loan Officer salary ($46K)
See 287 More Bank of America Loan Officer Salaries

$46K JPMorgan's Average Loan Officer Salary (123 salaries)

+$1K (2%) more than national average Loan Officer salary ($45K)
-$5K (10%) less than average JPMorgan salary ($51K)
$50K
$100K
$150K
-$14K (35%) less than average JPMorgan Loan Officer salary ($46K)
"Underpaid due to the need for business revenue to increase profit."
-$16K (42%) less than average JPMorgan Loan Officer salary ($46K)
-$16K (42%) less than average JPMorgan Loan Officer salary ($46K)
See 120 More JPMorgan Loan Officer Salaries

$46K Small Business Administration's Average Loan Officer Salary (112 salaries)

+$1K (2%) more than national average Loan Officer salary ($45K)
-$1K (2%) less than average Small Business Administration salary ($47K)
$50K
$100K
$150K
+$19K (34%) more than average Small Business Administration Loan Officer salary ($46K)
"The salary I now make at SBA is very lucrative and competitive in this line of work. I started with SBA as an entry level Loan Officer. I had experience but very little compared to others. I took the position with an open mind to learn and be trained and within a 2 year period, I had been promoted to over 5 departments within the SBA. I believe there is nothing an individual can't do when he sets his mind to it."
+$4K (8%) more than average Small Business Administration Loan Officer salary ($46K)
+$5K (10%) more than average Small Business Administration Loan Officer salary ($46K)
See 109 More Small Business Administration Loan Officer Salaries

$46K American Home Mortgage's Average Loan Officer Salary (58 salaries)

+$1K (2%) more than national average Loan Officer salary ($45K)
-$4K (8%) less than average American Home Mortgage salary ($50K)
$50K
$100K
$150K
+$14K (26%) more than average American Home Mortgage Loan Officer salary ($46K)
"Unsure"
+$5K (10%) more than average American Home Mortgage Loan Officer salary ($46K)
+$35K (55%) more than average American Home Mortgage Loan Officer salary ($46K)
See 55 More American Home Mortgage Loan Officer Salaries

$48K Freedom Mortgage's Average Loan Officer Salary (36 salaries)

+$3K (6%) more than national average Loan Officer salary ($45K)
-$3K (6%) less than average Freedom Mortgage salary ($51K)
$50K
$100K
$150K
-$9K (20%) less than average Freedom Mortgage Loan Officer salary ($48K)
"The base salary is the best in the industry but your commissions will not exceed the base due to micro-management and most of the supporting staff having little to NO experience and knowledge of loan products or processing. You will lose way more deals than you fund because of incompetence."
-$10K (23%) less than average Freedom Mortgage Loan Officer salary ($48K)
-$8K (18%) less than average Freedom Mortgage Loan Officer salary ($48K)
See 33 More Freedom Mortgage Loan Officer Salaries

$45K Prospect Mortgage's Average Loan Officer Salary (14 salaries)

Equal to national average Loan Officer salary ($45K)
-$15K (28%) less than average Prospect Mortgage salary ($60K)
$50K
$100K
$150K
-$23K (68%) less than average Prospect Mortgage Loan Officer salary ($45K)
+$36K (57%) more than average Prospect Mortgage Loan Officer salary ($45K)
+$16K (30%) more than average Prospect Mortgage Loan Officer salary ($45K)
See 11 More Prospect Mortgage Loan Officer Salaries

$47K Fairway Independent Mortgage's Average Loan Officer Salary (11 salaries)

+$2K (4%) more than national average Loan Officer salary ($45K)
-$9K (17%) less than average Fairway Independent Mortgage salary ($56K)
$50K
$100K
$150K
-$27K (80%) less than average Fairway Independent Mortgage Loan Officer salary ($47K)
"I get 130 bps for each closing on top of the recoverable draw. I think this is pretty standard for the industry."
+$4K (8%) more than average Fairway Independent Mortgage Loan Officer salary ($47K)
-$6K (13%) less than average Fairway Independent Mortgage Loan Officer salary ($47K)
See 8 More Fairway Independent Mortgage Loan Officer Salaries

$56K SWBC's Average Loan Officer Salary (5 salaries)

+$11K (21%) more than national average Loan Officer salary ($45K)
+$16K (33%) more than average SWBC salary ($40K)
$50K
$100K
$150K
+$14K (22%) more than average SWBC Loan Officer salary ($56K)
"I believe they have the best compensation plan out there. They also cover our insurance, which is great."
-$14K (28%) less than average SWBC Loan Officer salary ($56K)
-$16K (33%) less than average SWBC Loan Officer salary ($56K)
See 2 More SWBC Loan Officer Salaries

$60K HomeStreet Bank's Average Loan Officer Salary (3 salaries)

+$15K (28%) more than national average Loan Officer salary ($45K)
-$1K (1%) less than average HomeStreet Bank salary ($61K)
$50K
$100K
$150K
+$15K (22%) more than average HomeStreet Bank Loan Officer salary ($60K)
"I don't feel the company is underpaying me, its just a challenging time in the market. You earn based on your effor and company has a great compensation plan."
-$30K (66%) less than average HomeStreet Bank Loan Officer salary ($60K)
-$15K (28%) less than average HomeStreet Bank Loan Officer salary ($60K)
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