Loan Officer Salary in Alabama - State Average

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 Loan Officer in Alabama - State Average

The average salary of a(n) Loan Officer in Alabama - State Average is $58,730.

The average hourly rate of a(n) Loan Officer in Alabama - State Average is $28.24.

The average bonus of a(n) Loan Officer in Alabama - State Average is $2,038.00.

Job Description:

Talks with applicants and requests specified information for loan application. Examines, assesses, and okays or recommends approval of customer applications for lines or extension of lines of credit, commercial loans, real estate loans, consumer credit loans, or credit card accounts. Analyzes applicants' financial status, credit, and property evaluation to determine feasibility of granting loan or submits application to credit analysis department for verification and recommendation. Corresponds with or interviews applicants or creditors to resolve questions regarding application information. Approves loan within specified limits or refers loan to loan committee for approval. Ensures loan agreements are complete and accurate according to policy. May confer with loan underwriting department 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 specialize by type of lending activity. May supervise loan personnel. Less

Talks with applicants and requests specified information for loan application. Examines, assesses, and okays or recommends approval of customer applications for lines or extension of lines of credit, commercial loans, real estate loans, consumer credit loans, or credit card accounts.... More

How helpful is this page?

Are you a(n) Loan Officer?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Alabama - State Average

Job Openings by Indeed job search

Results for Loan Officer in Alabama - State Average

Loan Officer - Alabama

Guild Mortgage

Expert-level knowledge of mortgage business, including overall mortgage lending processes and internal controls, as well as federal, state, and regulatory...

View job on Indeed.com

Mortgage Loan Officer - Birmingham, AL - Birmingham, AL

Citizens Trust Bank

Minimum three (3) years of residential mortgage loan origination, business development experience in a mortgage or banking environment;...

View job on Indeed.com

Mortgage Loan Processor - Hoover, AL

Rock Mortgage

Potential candidates should have a minimum of 5 years’ experience processing mortgage loans. And communicating with loan officers, customers, title companies,...

View job on Indeed.com

Assistant Manager - Anniston, AL

Republic Finance

Acting as a loan underwriting officer, approve or deny consumer loans within lending authority limits and recommend credit decisions on loans over assigned...

View job on Indeed.com

Pawn Shop Loan Officer - Mobile, AL

Quik Pawn

Must have a valid Drivers License. The ECS manager must be able to accurately assess a customer’s need, identify the most appropriate product or service, and...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x