How much does a Mortgage Loan Officer make in the United States?
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The average Mortgage Loan Officer salary in the United States is $109,734 as of February 01, 2026. The range for our most popular Mortgage Loan Officer positions (listed below) typically falls between $38,697 and $180,771. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and 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.
Mortgage Loan Officer's Annual Base Salary
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Mortgage Loan Officer I | $52,770 | $25.37 | United States | February 01, 2026 |
| Mortgage Loan Officer III | $105,048 | $50.50 | United States | February 01, 2026 |
| Mortgage Loan Officer II | $73,612 | $35.39 | United States | February 01, 2026 |
| Mortgage Underwriter I | $62,462 | $30.03 | United States | February 01, 2026 |
| Mortgage Underwriter II | $77,072 | $37.05 | United States | February 01, 2026 |
| Mortgage Underwriter III | $91,779 | $44.12 | United States | February 01, 2026 |
| Mortgage Loan Funding Clerk | $45,296 | $21.78 | United States | February 01, 2026 |
| Mortgage Loan Area Manager | $146,099 | $70.24 | United States | February 01, 2026 |
| Mortgage Loan Processor I | $49,249 | $23.68 | United States | February 01, 2026 |
| Mortgage Loan Processor II | $59,644 | $28.68 | United States | February 01, 2026 |
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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. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0-2 years of related experience. View Mortgage Loan Officer I SalaryAlternate Job Titles:Entry Level Loan Officer, Officer, Entry - Mortgage Loans, Residential Mortgage Officer I, Specialist I - Mortgage Loans, Mortgage Loan Officer I
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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. View Mortgage Loan Officer III SalaryAlternate Job Titles:Officer, Senior - Mortgage Loans, Residential Mortgage Officer III, Specialist III - Mortgage Loans, Mortgage Loan Officer III
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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. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience. View Mortgage Loan Officer II SalaryAlternate Job Titles:Officer, Experienced - Mortgage Loans, Residential Mortgage Officer II, Specialist II - Mortgage Loans, Mortgage Loan Officer II
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Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0-2 years of related experience. View Mortgage Underwriter I SalaryAlternate Job Titles:Entry Mortgage Underwriter, Mortgage Underwriter I
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Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience. View Mortgage Underwriter II SalaryAlternate Job Titles:Intermediate Mortgage Underwriter, Mortgage Underwriter II
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Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process and assists with property inspections. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. 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. View Mortgage Underwriter III SalaryAlternate Job Titles:Senior Mortgage Underwriter, Mortgage Underwriter III
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Performs routine administrative tasks in support of the mortgage loan funding group. Prepares and finalizes documents and helps with packaging and funding for customers. Ensures accuracy in loan closing process. Requires a high school diploma or its equivalent. Typically reports to a supervisor. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. View Mortgage Loan Funding Clerk SalaryAlternate Job Titles:Mortgage Funding Administrative Clerk, Mortgage Loan Funding Clerk
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Directs mortgage loan activity and oversees multiple teams for a defined area. Analyzes mortgage data and trends to develop a lending strategy and establish targets for loan production. Develops a productive staff with training and coaching. Monitors compliance with federal and state lending regulations. Requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. View Mortgage Loan Area Manager SalaryAlternate Job Titles:Mortgage Lending Regional Manager, Mortgage Loan Area Manager
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Performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. View Mortgage Loan Processor I SalaryAlternate Job Titles:Entry Mortgage Loan Processor, Mortgage Loan Documentation Specialist I, Mortgage Loan Processor I
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Performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. View Mortgage Loan Processor II SalaryAlternate Job Titles:Intermediate Mortgage Loan Processor, Mortgage Loan Documentation Specialist II, Mortgage Loan Processor II