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Loan Officer best companies

The best companies for loan officers to work for in 2024 are Bank of America and Wells Fargo. If you are looking for the best-paying companies for loan officers, you should consider Bangor Savings Bank with a median loan officer salary of $66,316 or American Airlines with a median salary of $57,348.

10 best companies for Loan officers

  • Zippia Score 4.7

    Average Loan Officer Salary: $38,812
    #1 Top Company For Loan Officers
    Company Highlights:

    A leader in the banking industry, Bank of America provides financial products and services for their customers and clients throughout the United States. This reputable bank is guided by a common purpose which is to help make financial lives better by connecting clients and communities to the resource they need to be successful.

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  • Zippia Score 4.6

    Average Loan Officer Salary: $38,054
    #2 Top Company For Loan Officers
    Company Highlights:

    Wells Fargo & Company is a community-based financial services company that provides banking, investment and mortgage products and services, as well as consumer and commercial finance. The company has about 263,000 team members in 38 countries and serves one in three households in the United States. Well Fargo was founded in 1852 and is headquartered in San Francisco.

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  • Zippia Score 4.8

    Average Loan Officer Salary: $42,007
    #3 Top Company For Loan Officers
    Company Description:

    JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City.

  • Zippia Score 4.6

    Average Loan Officer Salary: $37,676
    #4 Top Company For Loan Officers
    Company Highlights:

    Based in Minneapolis, Minnesota, US Bank provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. This company has 3,106 branches and 4,842 ATMs, primarily in the Midwestern United States. US Bank also owns Elavon, a processor of credit card transactions.

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  • Zippia Score 4.4

    Average Loan Officer Salary: $42,450
    #5 Top Company For Loan Officers
    Company Description:

    Mortgage Investors Group is a leading direct mortgage company in the Southeast, offering flexible home loans & unparalleled service. Call us today for more info.

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  • Zippia Score 4.9

    Average Loan Officer Salary: $37,449
    #6 Top Company For Loan Officers
    Company Description:

    SunTrust Capital V, is a statutory Delaware business trust. We are a statutory Delaware business trust formed by SunTrust for the sole purpose of issuing the preferred securities and investing in the debentures.

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  • Zippia Score 4.8

    Average Loan Officer Salary: $47,644
    #7 Top Company For Loan Officers
    Company Description:

    Nationstar Mortgage Holdings Inc. was founded in 1994 and is headquartered in Lewisville, Texas. Controlled by Fortress Investment Group LLC, the company provides residential mortgage loan services in the United States and consists of Nationstar Morgtage and Solutionstar, a business which provides technology and data enhanced solutions to the real estate market and companies engaged in the origination and/or servicing of mortgage loans. Nationstar Mortgage has a servicing portfolio in excess of $385 billion and over 2 million customers, and currently employs over 6,000 full time employees.

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  • Zippia Score 4.3

    Average Loan Officer Salary: $43,216
    #8 Top Company For Loan Officers
    Company Description:

    The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. We recognize that small business is critical to our economic recovery and strength, to building America's future, and to helping the United States compete in today's global marketplace. Although SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam. Overview & History Since its founding on July 30, 1953, the U.S. Small Business Administration has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses. The SBA was officially established in 1953, but its philosophy and mission began to take shape years earlier in a number of predecessor agencies, largely as a response to the pressures of the Great Depression and World War II. The Reconstruction Finance Corporation (RFC), created by President Herbert Hoover in 1932 to alleviate the financial crisis of the Great Depression, was SBA's grandparent. The RFC was basically a federal lending program for all businesses hurt by the Depression, large and small. It was adopted as the personal project of Hoover's successor, President Franklin D. Roosevelt, and was staffed by some of Roosevelt's most capable and dedicated workers. Concern for small business intensified during World War II, when large industries beefed up production to accommodate wartime defense contracts and smaller businesses were left unable to compete. To help small business participate in war production and give them financial viability, Congress created the Smaller War Plants Corporation (SWPC) in 1942. The SWPC provided direct loans to private entrepreneurs, encouraged large financial institutions to make credit available to small enterprises, and advocated small business interests to federal procurement agencies and big businesses. The SWPC was dissolved after the war, and its lending and contract powers were handed over to the RFC. At this time, the Office of Small Business (OSB) in the Department of Commerce also assumed some responsibilities that would later become characteristic duties of the SBA. Its services were primarily educational. Believing that a lack of information and expertise was the main cause of small business failure, the OSB produced brochures and conducted management counseling for individual entrepreneurs. Congress created another wartime organization to handle small business concerns during the Korean War, this time called the Small Defense Plants Administration (SDPA). Its functions were similar to those of the SWPC, except that ultimate lending authority was retained by the RFC. The SDPA certified small businesses to the RFC when it had determined the businesses to be competent to perform the work of government contracts. By 1952, a move was on to abolish the RFC. To continue the important functions of the earlier agencies, President Dwight Eisenhower proposed creation of a new small business agency -- the Small Business Administration (SBA). In the Small Business Act of July 30, 1953, Congress created the Small Business Administration, whose function was to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns." The charter also stipulated that the SBA would ensure small businesses a "fair proportion" of government contracts and sales of surplus property. By 1954, SBA already was making direct business loans and guaranteeing bank loans to small businesses, as well as making loans to victims of natural disasters, working to get government procurement contracts for small businesses and helping business owners with management and technical assistance and business training. The Investment Company Act of 1958 established the Small Business Investment Company (SBIC) Program, under which SBA licensed, regulated and helped provide funds for privately owned and operated venture capital investment firms. They specialized in providing long-term debt and equity investments to high-risk small businesses. Its creation was the result of a Federal Reserve study that discovered, in the simplest terms, that small businesses could not get the credit they needed to keep pace with technological advancement. In 1964, SBA began to attack poverty through the Equal Opportunity Loan (EOL) Program. The EOL Program relaxed the credit and collateral requirements for applicants living below the poverty level in an effort to encourage new businesses that had been unable to attract financial backing, but were nevertheless sound commercial initiatives. SBA has grown in terms of total assistance provided and its array of programs tailored to encourage small enterprises in all areas. SBA's programs now include financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. The SBA also provides loans to victims of natural disasters and specialized advice and assistance in international trade.

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  • Zippia Score 4.7

    Average Loan Officer Salary: $50,371
    #9 Top Company For Loan Officers
    Company Description:

    Since 1933, Navy Federal has grown from seven members to over 4 million members. And since that time, their vision statement has remained the same: Navy Federal Credit Union will perform with such excellence that all present and potential members will choose Navy Federal as their primary financial institution.

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  • Zippia Score 4.6

    Average Loan Officer Salary: $39,402
    #10 Top Company For Loan Officers
    Company Highlights:

    Fifth Third Bank provides banking products and services for personal and business needs. Its services include checking accounts, savings accounts, preferred programs, credit cards, debit cards, mortgage, etc. The company was founded in 1927 and is headquartered in Cincinnati, Ohio. Fifth Third Bank has a team of about 18,000 people.

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10 highest paying companies for Loan officers

  • Zippia Score 3.8

    Average Loan Officer Salary: $66,316
    #1 Highest Paying Company For Loan Officers
    Company Description:

    Welcome to the Bangor Savings Bank website. Explore the Why Bangor Savings section for information on the Bank, and most importantly, our communitiy programs.

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  • Zippia Score 4.5

    Average Loan Officer Salary: $57,348
    #2 Highest Paying Company For Loan Officers
    Company Highlights:

    Founded in 1930, American Airlines is one of the largest airlines in the world. Throughout the years, American has created more than 900,000 jobs worldwide and supported close to 1,400 nonprofit organizations. Together with regional partner American Eagle, they offer an average of nearly 6,700 flights daily to 350 destinations in 50 countries. They are also a founding member of the oneworld(r) alliance, whose members and members-elect offer nearly 14,250 flights daily to 1,000 destinations in 150 countries.

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  • Zippia Score 4.7

    Average Loan Officer Salary: $56,047
    #3 Highest Paying Company For Loan Officers
    Company Description:

    For more than a century, Mutual of Omaha has been committed to helping their customers through life's transitions by providing an array of insurance, financial and banking products.

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  • Zippia Score 4.5

    Average Loan Officer Salary: $55,823
    #4 Highest Paying Company For Loan Officers
    Company Description:

    Cardinal Financial Company is modernizing the way home loans are obtained with unrivaled transparency, simplicity, and value.

  • Zippia Score 4.1

    Average Loan Officer Salary: $55,538
    #5 Highest Paying Company For Loan Officers
    Company Mission Statement:

    Lower lake high school is a dynamic learning environment where all students and adults contribute to a culture that cultivates creative, academic, literate, and socially aware 21st century citizens.

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  • Zippia Score 4.2

    Average Loan Officer Salary: $55,071
    #6 Highest Paying Company For Loan Officers
    Company Description:

    In 1998, an investor group led by John W. Allison, THEIR Chairman, and Robert H. "Bunny" Adcock, Jr., their Vice Chairman formed Home BancShares, Inc. headquartered in Conway, Arkansas. After obtaining a bank charter, they established First State Bank in Conway, Arkansas, in 1999. They acquired Community Bank, Bank of Mountain View and Centennial Bank in 2003, 2005 and 2008, respectively. Home BancShares and its founders were also involved in the formation of Twin City Bank and Marine Bank, both of which we acquired in 2005.

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  • Zippia Score 4.1

    Average Loan Officer Salary: $55,012
    #7 Highest Paying Company For Loan Officers
    Company Description:

    University Credit Union is a CA-based cooperative that takes pride in serving University communities. Explore solutions including accounts, loans and more.

  • Zippia Score 3.8

    Average Loan Officer Salary: $53,663
    #8 Highest Paying Company For Loan Officers
  • Zippia Score 4.9

    Average Loan Officer Salary: $53,601
    #9 Highest Paying Company For Loan Officers
    Company Description:

    Bankers Healthcare Group is a direct lender that provides financing, credit card and patient financing solutions to healthcare professionals nationwide. The company was founded in 2001 and offers customizable loan solutions for working capital, equipment financing, practice acquisition, and debt consolidation. They focus on lending to licensed healthcare professionals such as physicians, dentists, nurse practitioners, veterinarians, pharmacists and physical therapists. Bankers Healthcare Group is associated with organizations that include, the National Dental Association, the National Medical Association, the American Academy of Private Physicians, the Hispanic Dental Association and Operation Smile. Since 2015, Bankers Healthcare Group has been headquartered in Davie, Florida. The company also has a financial headquarters in Syracuse, New York with an additional R&D office location in New York City. The company was founded by Albert Crawford, Robert Castro, and Eric Castro and employs more than 300 people.

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  • Zippia Score 4.0

    Average Loan Officer Salary: $53,303
    #10 Highest Paying Company For Loan Officers
    Company Description:

    The best local not-for-profit credit union that keeps your funds working in our community. Owned by our members.

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