Mortgage Loan Officer

Average annual salary for a Mortgage Loan Officer is $48863 based on statistics in the U.S. as of 2015. The highest salary recorded was $116285. The lowest salary reported was $29049. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Mortgage Loan Officer is $24.3 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $57.82. The lowest hourly rate recorded was $14.45. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Mortgage Loan Officer are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $2250 from people with 15+ years of experience. The average bonus recorded was $650 from people with under 1 year of experience.

These are the highest paying states for a Mortgage Loan Officer. These numbers are based of the median annual salary as of 2015.
California – $28,973 – $102,989
Florida – $20,537 – $117,916
Illinois – $27,000 – $80,000
Michigan – $25,549 – $100,000
New Jersey – $14,400 – $78,174
North Carolina – $23,387 – $59,939
Texas – $19,574 – $79,660

These are the highest paying cities for a Mortgage Loan Officer. These numbers are based of the median annual salary as of 2015.
Dallas, Texas –
Charlotte, North Carolina –
Chicago, Illinois –
New York, New York –
Denver, Colorado –
St. Louis, Missouri –
Knoxville, Tennessee –

This chart outlines the average annual salary of a Mortgage Loan Officer from the past 5 years. In 2015 the average annual salary was $48863 while in 2007 it was just $45314.69