what does an average loan officer make?
A Loan Officer can expect salaries in a range of 48000 to 72000 based on tenure level. Loan Officers earn an average compensation of Sixty Five Thousand Nine Hundred dollars yearly.Loan Officers make the highest salary in New York, where they earn normal pay levels of close to $77310.People in this career group have the best average compensation in Retail Trade, which has pay of $76530.alary for Loan Officers. Loan officers educate potential borrowers about the different types of loans available to them and the requirements and regulations governing these loans. They determine borrower eligibility based on credit history, financial status and property evaluations.