Average Salary Of Mortgage Loan Officer

The national average salary for a Mortgage Loan Officer is $36,589 in United States. Filter by location to see Mortgage Loan Officer salaries in your area. Salary estimates are based on 1,040 salaries submitted anonymously to Glassdoor by Mortgage Loan Officer employees.

As of Aug 21, 2019, the average annual pay for a Mortgage Loan Officer in the United States is $74,816 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 $34,000 (25th percentile) to $100,000 (75th percentile) across the United States.

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The average salary for a Mortgage Loan Originator is $82,673 per year in the United States. Salary estimates are based on 2,297 salaries submitted anonymously to Indeed by mortgage loan originator employees, users, and collected from past and present job advertisements on Indeed in the past 36 months.

As a rookie, you could probably expect between 100 bps and possibly 150. That should be the LAST criterion for selecting a company to work for. There are a couple of reasons why I say that. First, let’s say one company offers you 150 bps. Another.

The national average salary for a Mortgage Loan Officer is $49,848 in Canada. Filter by location to see Mortgage Loan Officer salaries in your area. Salary estimates are based on 2 salaries submitted anonymously to Glassdoor by Mortgage Loan Officer employees.

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.

The average Loan Officer salary in the United States is $65,321 as of July 30, 2019, but the salary range typically falls between $57,134 and $74,075. Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession.

Mortgage brokers and loan officers have basically the same goals, which are making loans to people looking to buy property. Mortgage brokers are individuals who work independently to help home buyers.

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Mortgage loan officers typically get paid 1% of the total loan amount. We explore the reasons why loan officer commission is bad for consumers. And we offer an alternative – Better Mortgage has loan officers who don’t get paid commission, ever.