What does a Loan Officer earn?
On average, loan officers earn around $84,490 per year in the U.S.. Loan officers provide loans to individuals and businesses and advise on what type of loan is best for their financial needs. They are typically responsible for assessing a potential borrower’s overall financial situation, including credit history and debt-to-income ratio, and providing appropriate recommendations. Loan officers can choose to specialise in consumer, commercial or mortgage loans.
How to earn more as a Loan Officer
If you want to become a Loan Officer, you will need an undergraduate degree in finance, business, accounting, or a related field. You can also obtain a certification from the National Mortgage Licensing System to become eligible for the role. To earn more as a Loan Officer, you may want to consider specializing in a particular type of loan, such as a home loan or car loan. Alternatively, you could also consider becoming a manager in a lending organization or setting up your own advisory business.
View Jobs
Loan Officer in Albuquerque
Description
We are looking for an experienced Licensed Loan Officer, who will bring enthusiasm, attention to detail, and a servant heart to our team of top-tier mortgage professionals. This professional will work in a tight-knit, goal-oriented team where our Customers and Referral Par ...Read more
Mortgage Loan Officer I (Refinance Loan Officer) in Pensacola
Overview
To interview and counsel members about first mortgage loans and to take mortgage loan applications. To establish and maintain personal relationship with members, and to guide and follow their mortgage loans from initial application through the loan closing process. To dete ...Read more
Commercial Loan Officer in St. Louis
Commercial Loan Officer
Read more
SBA Loan Officer in Marysville
Description
Why Join Washington Trust Bank as an SBA Loan Officer?
Are you passionate about helping small businesses achieve their goals? At Washington Trust Bank, you'll have the opportunity to make a meaningful impact by partnering with entrepreneurs, bu ...Read more
Mortgage Loan Officer in Chico
More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and emp ...Read more
Residential Loan Officer in Oakdale
At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for ...Read more
Mortgage Loan Officer in Belvidere
Mortgage Loan Officer
Read more
Mortgage Loan Officer in Charlotte
Truliant's mission is to improve lives by putting our members first, providing great service and straightforward financial solutions. Our core values of Member Focus, Service, Guidance, Relationships, and Community define how we interact with members to fulfill our mission of improving lives and ...Read more
Loan Officer Originator in Parkersburg
Job Type
Full-time
Description
The Loan Officer is responsible for originating mortgage loan, HELOC and consumer applications. We are an Equal Opportunity Employer. Al ...Read more
Mortgage Loan Officer in Pennsylvania
Description
SUMMARY: The primary purpose of this role is to source, qualify and originate 1-4 family, mortgage loans. While conducting this work the Loan Consultant will also be required to discover and refer cross-selling opportunities as necessary to partner divisio ...Read more