Banking Loan Officer Mortgage Salary in Chicago, Illinois

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Banking Loan Officer Mortgage in Chicago, Illinois

The average salary of a(n) Banking Loan Officer Mortgage in Chicago, Illinois is $68,321.

The average hourly rate of a(n) Banking Loan Officer Mortgage in Chicago, Illinois is $32.85.

The average bonus of a(n) Banking Loan Officer Mortgage in Chicago, Illinois is $2,378.00.

Job Description:

Interviews applicants, and reviews, evaluates, and authorizes or recommends approval of customer applications for conventional residential mortgage and FHA/VA loans. Interviews applicant and requests specified information for mortgage loan application. Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan, or may submit application to Credit Analyst for verification and recommendation. Corresponds with or interviews applicant or creditors to resolve questions regarding application information. Approves mortgage loan within specified limits or refers loan to loan committee for approval. Lesser experienced loan officers operate with moderate credit authority where more experienced senior loan officers operate with substantial credit authority involving large amounts of money or important customers. Ensures loan agreements are complete and accurate according to policy. May confer with mortgage underwriter to aid in resolving mortgage application problems. May analyze potential loan markets to develop prospects for loans. May solicit and negotiate conventional or government secured loans on commission basis. May supervise loan personnel. Less

Interviews applicants, and reviews, evaluates, and authorizes or recommends approval of customer applications for conventional residential mortgage and FHA/VA loans. Interviews applicant and requests specified information for mortgage loan application. Analyzes applicant financial status, credit, and property evaluation to determine... More

How helpful is this page?

Are you a(n) Banking Loan Officer Mortgage?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Chicago, Illinois

View Salaries for Banking Loan Officer Mortgage in Other Cities

Job Openings by Indeed job search

Results for Banking Loan Officer Mortgage in Chicago, Illinois

Mortgage Banking Regional Sales Integration Manager - Chicago, IL - Chicago, IL

JPMorgan Chase

Understanding of the Mortgage Banking industry. Leadership in Mortgage Banking and Retail Bank. Mortgage Banking Regional Sales Integration Manager - Chicago,...

View job on Indeed.com

Commercial Banking Credit/Loan Underwriter - Chicago, IL

Wintrust Financial Corporation - Beverly Bank and Trust

Prepare loan presentations for use in decision making by loan officers and requisite approval authorities. Commercial Banking Underwriting:....

View job on Indeed.com

Home Lending Officer -Chicago - Chicago, IL

Citi

HOME LENDING OFFICER. To drive mortgage business into the bank. This position requires the employee to register as a mortgage loan originator with the...

View job on Indeed.com

Mortgage Emerging Markets Loan Officer (MLO) - Tinley Park, IL

PNC Bank

As a Emerging Markets Loan Officer within PNC's Mortgage Banking organization, you will be based in Tinley Park, IL....

View job on Indeed.com

Multi Family Commercial Loan Officer - Chicago, IL

Gelt Financial

We are looking for senior level former bankers of commercial loan officers to cover geographic territory’s for us to originate multi family business....

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x