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The national average salary for a loan officer is 45596 in united states.
Office kitchen etiquette. According to the bureau of labor statistics the lowest 10 of wage earners in this. The average salary for a loan officer is 149725 per year in the united states and 24000 commission per year. An entry level loan officer with less than 1 year experience can expect to earn an average total compensation includes tips bonus and overtime pay of 41115 based on 132 salaries.
Officer salaries in your area. According to indeed the average loan officer salary is 74150 with 38300 of this in the form of commissions. However a cnn money report determines the average loan officer salary is 64660 with a large range between the high and low side.
The base salary for loan officer ranges from 58749 to 76169 with the average base salary of 67169. Entry level loan officers with little to no experience can expect to make anywhere between 31870 to 44500 per year or 15 to 21 per hour. The total cash compensation which includes base and annual incentives can vary anywhere from 61158 to 83721 with the average total cash compensation of 71767.
Loan officer salaries vary by career path but hard work is typically rewarded. How much does a loan officer make.
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