Assistant Loan Officer

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October 30, 2016

Jobs

Assistant Loan Officer Job Description

Loan Officers Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

Assistant Loan Officer Salary Statistics as of 2015

Average annual salary for a Assistant Loan Officer is $34244 based on statistics in the U.S. as of 2015. The highest salary recorded was $51193. The lowest salary reported was $22161. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Assistant Loan Officer is $10.94 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $12.75. The lowest hourly rate recorded was $9.13. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Assistant Loan Officer are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $18 from people with 15+ years of experience. The average bonus recorded was $1000 from people with under 1 year of experience.

These are the highest paying states for a Assistant Loan Officer. These numbers are based off the median annual salary as of 2015.
California – $23,489 – $59,598
Georgia – $23,315 – $59,180
Illinois – $19,678 – $40,268
Maryland – $26,500 – $35,000
North Carolina – $21,127 – $35,976
Texas – $28,000 – $40,914
Washington – $30,000 – $44,799

These are the highest paying cities for a Assistant Loan Officer. These numbers are based off the median annual salary as of 2015.
Chicago, Illinois –
Seattle, Washington –
Savannah, Georgia –
Denver, Colorado –
Tacoma, Washington –
St. Louis, Missouri –
Houston, Texas –

This chart outlines the average annual salary of a Assistant Loan Officer from the past 5 years. In 2015 the average annual salary was $34244 while in 2007 it was just $31757.29

Job Outlook

Gender Statistics

Related Jobs

21%

79%

Based on our stats gathered across the U.S. 21% of Assistant Loan Officers were males while 79% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Bank Teller
$17,481 – $28,065
Customer Service Representative (CSR)
$19,510 – $41,587
Loan Processor
$21,907 – $46,528

Future Jobs

Loan Officer
$25,765 – $102,627
Administrative Assistant
$21,311 – $43,526
Loan Officer, Commercial
$39,163 – $107,190


Assistant Loan Officer Jobs

 

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