Salary Data

Loan Service Officer Salary

How much does a Loan Service Officer make in the United States?
Get the insights on the salary, benefits, education, and job description.
Salary Data for Loan Service Officer

$66,209 (USD)/yr

$32 (USD)/hr

$2,304 (USD)/yr

$65,381 (USD)/yr

$31 (USD)/hr

$2,304 (USD)/yr

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.
The average loan service officer salary in United States is $66,209 or an equivalent hourly rate of $32. In addition, they earn an average bonus of $2,304. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Compensation Data Based on Experience

$47,486 (USD)

$81,635 (USD)

Education

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Salary Potential

$76,755 (USD)

16 %

Based on our compensation data, the estimated salary potential for Loan Service Officer will increase 16 % over 5 years.

Jobs That May Interest You
Loan Officer Trainee I
access_time Posted 1 month ago
account_balance Carrington Mortgage Services
location_on Scottsdale
Carrington Mortgage Services provides a paid mortgage sales training program in housed, while ... The Work: Our Mortgage Loan Officers consult with consumers, clients, in well over 50 states ...
NMLS Registered Mortgage Loan Officer - Level 1 - Non-Exempt
access_time Posted 3 days ago
account_balance Bank of England Mortgage
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Loan Officers serve as a main contact point for Borrower and Retail Operations with the loan ... Excellent customer service skills; written and oral communication skills and ability to demonstrate ...
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access_time Posted 8 days ago
account_balance Statewide Bancorp Group
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We offer highly competitive products and services, hours of training and help you get licensed. As a Jr. Loan Officer you will be responsible for receiving and fielding inbound calls, online ...
Mortgage Banker (Loan Officer)
access_time Posted 7 days ago
account_balance Pacific Residential Mortgage, LLC
location_on Wilsonville
We are truly a full service, local service resource. Overview Pacific Residential Mortgage (PRM) is seeking an established, experienced Loan Officer to lead or join a production team in an outside ...
Commercial Loan Officer- Bilingual (Spanish/English)
access_time Posted 8 days ago
account_balance See Us Now Staffing
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Bilingual Business Loan Officer PRIMARY FUNCTIONS The Business Development Loan Officer is ... Audit, Financial Skills, Financial Software, Customer Service, Thoroughness, Confidentiality ...

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About The Data
The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.
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