What is the average annual salary for Loan Officer/Counselor?
The annual salary for someone with the job title Loan Officer/Counselor may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Loan Officer/Counselor in the United States.
This chart describes the expected percentage of people who perform the job of Loan Officer/Counselor in the United States that make less than that annual salary. For example the median expected annualy pay for a typical Loan Officer/Counselor in the United States is $40,048 so 50% of the people who perform the job of Accountant I in the United Sates are expected to make less than $40,048.
Identifies and assists prospective clients in the loan application process. Verifies applications and approves loans. May require a bachelor's degree or its equivalent with at 2 years of experience in the field. Familiar with standard concepts, practices, and procedures within a particular field. Relies on experience and judgment to plan and accomplish goals. Performs a variety of complicated tasks. Typically reports to a supervisor/manager. A limited degree of creativity and latitude is expected.
View Loan Officer/Counselor job description