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Average loanDepot loan officer salary

$42,889yearly

$22.03 hourly rate

Entry-level loanDepot loan officer salary
$26,000 yearly
Updated April 5, 2024

How much does loanDepot pay loan officers?

The average salary for loanDepot loan officers is $42,889 per year. loanDepot loan officer salaries range between $26,000 to $68,000 per year. loanDepot loan officers earn 6% less than the national average salary for loan officers of $45,817.

Location impacts how much a loan officer at loanDepot can expect to make. Loan officers at loanDepot make the most in Huntersville, NC, Syracuse, NY, and Ione, OR.

How much does loanDepot pay loan officers by location?

loanDepot pays loan officers the most in Huntersville, NC, Syracuse, NY, and Ione, OR. Additionally, cities like Plano and Hopkins also report highly competitive salaries for loan officers at loanDepot.

Loan officer loanDepot salary by location

RankCityAvg. salaryHourly rate
1Huntersville, NC$55,685$26.77
2Syracuse, NY$53,880$25.90
3Ione, OR$49,543$23.82
4Plano, TX$49,518$23.81
5Hopkins, MN$49,329$23.72
6Tampa, FL$47,681$22.92
7Jersey City, NJ$47,604$22.89
8Southfield, MI$47,414$22.80
9Irvine, CA$46,641$22.42
10Herndon, VA$46,289$22.25

Highest-paid loanDepot loan officers by job level

RankJob titleAverage salaryHourly rateJob openings
1Loan Broker$119,144$57-
2Real Estate Loan Officer$116,642$56-
3Mortgage Broker$98,246$47-
4Consumer Loan Officer$81,668$39-
5Loan Supervisor$81,369$39-
6Loan Manager$65,520$32-
7Branch Lending Officer$59,834$29-
8Loan Counselor$58,100$28-
9Consumer Loan Underwriter$55,819$27-
10Junior Underwriter$54,943$26-

Recent salaries for loan officers at loandepot

JobLocationDate addedSalary
Inside Sales-Loan Officer Training ProgramScottsdale, AZ06/23/2025$31,305
Loan Officer Training Program-AcesSouthfield, MI06/16/2025$31,305
Aces-Loan Officer Training ProgramScottsdale, AZ04/25/2025$31,305
Loan Officer Training Program-AcesSouthfield, MI04/18/2025$31,305

Loan officer salary at loanDepot competitors

RankCompanyAverage salaryHourly rateJob openings
1Wyndham Capital Mortgage$53,007$25-
2American Bancorp$44,435$21-
3The Money Source$43,109$21-
4Waterstone Mortgage$42,546$202
5Fidelity Direct Mortgage$42,484$20-
6Home Financing Center$42,417$20-
7First Residential Mortgage Network, Inc.$42,356$20-
8Ideal Home Loans$42,194$20-
9Quicken Loans$42,001$2026
10Sierra Pacific Mortgage$41,586$20-
11Homesite Mortgage$41,432$20-
12Network Capital$41,183$20-
13American Financial Resources$41,169$20-
14New Penn Financial, LLC$40,699$20-
15US Mortgage$40,215$194
16Residential Finance$40,173$19-
17United Mortgage$40,100$19-
18Security National Mortgage$39,942$19-
19American Mortgage$39,742$19-
20American Home Bank$37,248$18-

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