Salary for
Mortgage Loan Officer III in the United States

How much does a Mortgage Loan Officer III earn in the United States? The average Mortgage Loan Officer III salary in the United States is $74,751 as of March 28, 2019, but the range typically falls between $65,406 and $95,366. 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. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View Cost of Living in Major Cities

Recently searched related titles: Senior Loan Officer,

Recently searched companies with related titles : Wells Fargo Mortgage Loan Consultant

Job Description

Solicits and services a variety of residential mortgage loans. Interviews applicants, collects financial data and documents, and makes recommendations regarding the loan products that best meet the borrower's needs. Assists buyers in the purchase process through closing. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience.

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Salary range for a Mortgage Loan Officer III
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Average Base Salary

Core compensation

 
 
 
65406
95366
74751

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
77449
116278
92638
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Mortgage Loan Officer III in the United States. The base salary for Mortgage Loan Officer III ranges from $65,406 to $95,366 with the average base salary of $74,751. The total compensation, which includes bonus, health and retirement, can vary anywhere from $77,449 to $116,278 with the average total compensation of $92,638.
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65406
95366
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Career Path for this job

  1. Down a level:

    Mortgage Loan Officer II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Mortgage Loan Officer III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Top Mortgage Executive


    JD, MD, PhD or Equivalent

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Job Openings for Mortgage Loan Officer III