How Much does a Loan Officer make per Year? Average Loan Officer Salary Range

The career line of loan officer has experienced significant growth over recent years thanks to changes in the financial markets that make this career necessary. As a result, anyone qualified to be a loan officer can enjoy numerous benefits including an increased hiring rate, high job security, and healthy salary. How much does a loan officer make per year? The average loan officer salary is $46,000 per year. When looking at the average loan officer salary range, you must take into account such considerations as years of experience, size of employer, level of education, and resume. As a result, the salary range for specific employees may range anywhere from $32,000 for less experienced employees to as high as $59,000 per year for those who have been in the field for more than 10 years.