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Loan officer assistant salary
Average loan officer assistant salary
$45,681
Understanding Loan Officer Assistant Salaries
Loan Officer Assistants typically earn an average salary of $45,681 per year, translating to approximately $22 per hour. Salaries can vary significantly based on experience, location, and the financial institution. Entry-level positions may start lower, while those with several years in the role can command higher wages.
Factors Influencing Salary
Experience is a key determinant of salary. As you gain skills and knowledge in the field, you may see substantial increases in your earning potential. Additionally, certain states and metropolitan areas offer higher salaries due to the cost of living and demand for skilled loan officers.
Highest Paying States
States like California, New York, and Texas tend to offer the highest salaries for Loan Officer Assistants. These regions often have a higher volume of transactions and a greater need for financial professionals, leading to competitive pay.
Career Advancement
For those looking to advance their careers, gaining additional certifications or pursuing further education in finance can open doors to higher-paying positions within the mortgage industry.
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Where can a Loan Officer Assistant earn more?
Loan officer assistant salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level loan officer assistant | $29,700 | $14.29 |
| Mid-level loan officer assistant | $48,900 | $23.50 |
| Senior-level loan officer assistant | $87,300 | $41.95 |
Loan officer assistant salary estimates from across the web
Average loan officer assistant salary by state
The average loan officer assistant salary in New York, New Mexico, and Arkansas are the highest in the U.S. The lowest average loan officer assistant salary states are Indiana, Alaska, and Nevada.
- State view
- County view
Highest paying states for loan officers assistant
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $57,056 | $27.43 |
| 2 | New Mexico | $56,474 | $27.15 |
| 3 | Maine | $53,823 | $25.88 |
| 4 | Rhode Island | $52,219 | $25.11 |
| 5 | New Jersey | $54,350 | $26.13 |
| 6 | Arkansas | $55,678 | $26.77 |
| 7 | South Dakota | $54,840 | $26.37 |
| 8 | Vermont | $50,555 | $24.31 |
| 9 | Minnesota | $48,727 | $23.43 |
| 10 | Texas | $54,662 | $26.28 |
| 11 | Iowa | $46,936 | $22.57 |
| 12 | Pennsylvania | $50,532 | $24.29 |
| 13 | Maryland | $49,636 | $23.86 |
| 14 | Wyoming | $48,680 | $23.40 |
| 15 | Michigan | $45,857 | $22.05 |
| 16 | North Dakota | $44,485 | $21.39 |
| 17 | Massachusetts | $46,635 | $22.42 |
| 18 | Nebraska | $45,613 | $21.93 |
| 19 | Oklahoma | $45,089 | $21.68 |
| 20 | New Hampshire | $47,026 | $22.61 |
| 21 | North Carolina | $43,701 | $21.01 |
| 22 | West Virginia | $44,674 | $21.48 |
| 23 | Kentucky | $44,212 | $21.26 |
| 24 | Connecticut | $48,629 | $23.38 |
| 25 | Oregon | $47,758 | $22.96 |
| 26 | Washington | $46,591 | $22.40 |
| 27 | Ohio | $44,487 | $21.39 |
| 28 | Colorado | $44,293 | $21.29 |
| 29 | Missouri | $43,497 | $20.91 |
| 30 | Arizona | $42,485 | $20.43 |
| 31 | Kansas | $44,091 | $21.20 |
| 32 | Montana | $46,808 | $22.50 |
| 33 | South Carolina | $43,166 | $20.75 |
| 34 | Hawaii | $52,644 | $25.31 |
| 35 | Virginia | $41,971 | $20.18 |
| 36 | District of Columbia | $49,282 | $23.69 |
| 37 | Illinois | $41,606 | $20.00 |
| 38 | Idaho | $38,951 | $18.73 |
| 39 | Georgia | $41,348 | $19.88 |
| 40 | Wisconsin | $41,003 | $19.71 |
| 41 | Louisiana | $41,360 | $19.88 |
| 42 | Florida | $43,592 | $20.96 |
| 43 | Nevada | $36,511 | $17.55 |
| 44 | Mississippi | $35,570 | $17.10 |
| 45 | Tennessee | $40,008 | $19.23 |
| 46 | Indiana | $37,564 | $18.06 |
| 47 | Alabama | $36,391 | $17.50 |
| 48 | California | $42,772 | $20.56 |
| 49 | Alaska | $36,741 | $17.66 |
| 50 | Delaware | $39,027 | $18.76 |
| 51 | Utah | $36,307 | $17.46 |
Highest paying cities for loan officers assistant
The highest-paying cities for loan officers assistant are New York, NY, Fort Smith, AR, and San Antonio, TX.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $57,169 | $27.49 |
| 2 | Fort Smith, AR | $55,694 | $26.78 |
| 3 | San Antonio, TX | $54,941 | $26.41 |
| 4 | Aberdeen, SD | $54,333 | $26.12 |
| 5 | Horsham, PA | $51,054 | $24.55 |
| 6 | Washington, DC | $49,258 | $23.68 |
| 7 | Minneapolis, MN | $48,679 | $23.40 |
| 8 | Bend, OR | $47,827 | $22.99 |
| 9 | Iowa City, IA | $47,063 | $22.63 |
| 10 | Bothell, WA | $46,669 | $22.44 |
| 11 | Pensacola, FL | $44,575 | $21.43 |
| 12 | Stockton, CA | $44,527 | $21.41 |
| 13 | Denver, CO | $44,350 | $21.32 |
| 14 | Columbus, OH | $44,085 | $21.19 |
| 15 | Charlotte, NC | $43,408 | $20.87 |
| 16 | Chandler, AZ | $42,491 | $20.43 |
| 17 | Virginia Beach, VA | $41,834 | $20.11 |
| 18 | Chicago, IL | $41,673 | $20.04 |
| 19 | Baton Rouge, LA | $41,386 | $19.90 |
| 20 | Franklin, TN | $39,981 | $19.22 |
Loan officer assistant salary details
A loan officer assistant's salary ranges from $28,000 a year at the 10th percentile to $72,000 at the 90th percentile.
What is a loan officer assistant's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $72,000 | $6,000 | $35 |
| 75th Percentile | $58,000 | $4,833 | $28 |
| Average | $45,681 | $3,807 | $22 |
| 25th Percentile | $35,000 | $2,917 | $17 |
| 10th Percentile | $28,000 | $2,333 | $13 |
Highest paying loan officer assistant jobs
The highest paying types of loan officers assistant are bank officer, commercial loan officer, and escrow officer.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Loan Coordinator | $39,836 | $3,320 | $19.15 | 24,765 |
| Mortgage Consultant | $38,934 | $3,245 | $18.72 | 24,057 |
| Mortgage Loan Processor | $43,594 | $3,633 | $20.96 | 16,276 |
| Loan Closer | $39,093 | $3,258 | $18.79 | 11,431 |
| Loan Originator | $41,291 | $3,441 | $19.85 | 10,716 |
| Branch Manager/Loan Officer | $49,780 | $4,148 | $23.93 | 71,818 |
Top companies hiring loan officers assistant now:
Which companies pay loan officers assistant the most?
Loan officer assistant salaries at Stifel Financial and Comerica are the highest-paying according to our most recent salary estimates. In addition, the average loan officer assistant salary at companies like M&T; Bank and Columbia University in the City of New York are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Stifel Financial | $61,819 | $29.72 |
| 2 | Comerica | $60,684 | $29.18 |
| 3 | M&T Bank | $57,144 | $27.47 |
| 4 | Columbia University in the City of New York | $55,916 | $26.88 |
| 5 | Wells Fargo | $55,464 | $26.67 |
| 6 | The PNC Financial Services Group | $55,283 | $26.58 |
| 7 | Loyola Marymount University | $54,043 | $25.98 |
| 8 | Cardinal Financial | $53,496 | $25.72 |
| 9 | Hometown Lenders | $53,158 | $25.56 |
| 10 | CrossCountry Mortgage | $52,879 | $25.42 |
| 11 | Fairway Independent Mortgage | $51,887 | $24.95 |
| 12 | Stock Yards Ban | $50,203 | $24.14 |
| 13 | Insperity | $49,097 | $23.60 |
| 14 | United Community Bank | $48,760 | $23.44 |
| 15 | Lee Hecht Harrison | $48,317 | $23.23 |
| 16 | The State of Oregon | $48,163 | $23.16 |
| 17 | C2 Financial | $48,090 | $23.12 |
| 18 | Summit Funding | $47,907 | $23.03 |
| 19 | Jobot | $47,785 | $22.97 |
| 20 | PNC | $47,018 | $22.60 |
Wage gap by gender, race and education
Loan officer assistant salary trends
The average loan officer assistant salary has risen by $4,236 over the last ten years. In 2014, the average loan officer assistant earned $41,445 annually, but today, they earn $45,681 a year. That works out to a 0% change in pay for loan officers assistant over the last decade.
Compare loan officer assistant salaries for cities or states with the national average over time.
Average loan officer assistant salary over time
Compare loan officer assistant salaries for individual cities or states with the national average.
Loan officer assistant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $45,700 | $21.96 | +1.1% |
| 2024 | $45,200 | $21.72 | +0.4% |
| 2023 | $45,000 | $21.65 | -2.6% |
| 2022 | $46,200 | $22.20 | +1.6% |
| 2021 | $45,500 | $21.86 | +0.3% |
Recently added loan officer assistant salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Get It-Finance | Loan Officer Assistant/Marketing-Remote | WFH | San Fernando, CA | 06/29/2025 | $40,000 |
| State of Oregon | Release Assistance Officer | Portland, OR | 06/28/2025 | $61,512 |
| Judicial Department | Release Assistance Officer | Portland, OR | 06/28/2025 | $61,512 |
| Guild Mortgage | Loan Officer Assistant | Charlotte, NC | 06/27/2025 | $40,000 |
| Guild Mortgage | Loan Officer Assistant (Lead To Contract) | Tomball, TX | 06/27/2025 | $35,360 |
| Crosscountry Mortgage | Loan Officer Assistant | Mount Pleasant, SC | 06/27/2025 | $73,045 |
| Guild Holdings Company | Loan Officer Assistant | Charlotte, NC | 06/27/2025 | $40,000 |
| Summit Funding | Bilingual Loan Officer Assistant | Westminster, CO | 06/26/2025 | $37,566 |
| CMG Financial | Licensed Loan Officer Assistant | Medford, OR | 06/24/2025 | $36,523 |
| Neheadstart | Probation Officer Assistant | Fremont, NE | 06/24/2025 | $42,324 |
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