Loan Officer Career

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


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Loan Officer Career

Salary Info

Median Annual Wage

$76,260

Median Hourly Wage

$36.66*

Total Employed Nationally

305,700


Source: Bureau of Labor Statistics May 2016 wage data and 2016-2026 employment projections. "Projected growth" represents the estimated change in total employment over the projections period (2016-2026). "Projected job openings" represent openings due to growth and replacement.