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$55,818

Average Base Salary

$27/hr

Average Hourly Rate

$1,753

Average Bonus
The average branch loan officer salary in United States is $55,818 or an equivalent hourly rate of $27. In addition, they earn an average bonus of $1,753. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Salary by Experience

$24,548

Entry Level Salary

$64,337

Senior Level Salary
An entry level branch loan officer (1-3 years of experience) earns an average salary of $24,548. On the other end, a senior level branch loan officer (8+ years of experience) earns an average salary of $64,337.

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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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About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

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