The average Mortgage Loan Officer salary in USA is $90,208 per year or $46.26 per hour. With neuvoo's salary tool, you can search and compare thousands of salaries in your region. We including average salaries for jobs related to Mortgage Loan Officer positions. The average Mortgage Loan Officer II salary in Oregon is $52,090 as of September 25, 2020, but the range typically falls between $39,760 and $69,693. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
This mortgage loan officer sample job description can assist in your creating a job application that will attract job candidates who are qualified for the job. Feel free to revise this job description to meet your specific job duties and job requirements.
Mortgage loan officer salary oregon. Oregon Loan Officer Standards & Requirements. The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) established requirements for the licensing and registration of all Mortgage Loan Originators (MLOs.) Loan officers in the United States make an average salary of $42,678 per year or $20.52 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $26,000 a year, while the top 10% makes $69,000. Employment. Employer contracts with a mortgage loan officer for hire as an independent contractor to provide services for customers and clients of employer.
Apply for a job as a mortgage loan officer. Once you have passed and acquired all of the requirements you are ready to start applying for positions to become a mortgage loan officer. Research job openings online, write a resume and cover letter, request letters of recommendation from previous employers, and start submitting applications. 58 Mortgage Origination Loan Officer jobs available in Oregon on Indeed.com. Apply to Loan Officer and more! Delaware is the best state for jobs for loan officers, and Oklahoma is the worst. The most common pay in Delaware is $50,870, while the median pay in Oklahoma is $34,560.
206 Loan Officer jobs available in Oregon on Indeed.com. Apply to Loan Officer, Entry Level Police Officer and more! Salary; Bank of America Mortgage Loan Officer salaries – 2 salaries reported: Oregon: $16 / hrBank of America Mortgage Loan Officer salaries – 2 salaries reported: Oregon: $52,209 / yrU.S. Bank Mortgage Loan Officer salaries – 1 salaries reported: Oregon: $26,516 / yrUmpqua Bank Mortgage Loan Officer salaries – 1 salaries reported: Oregon. Job Title Educational Requirements Median Salary (2019)* Job Outlook (2018-2028)* Loan Officers : Bachelor's degree: $63,270 : 8%: Real Estate Agents : Postsecondary training and license
Loan Officer Salaries [About this section] [More salary/earnings info] . The median annual wage for loan officers is $63,270. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. Education: You must generally have a bachelor's degree in finance, economics, or a related field to work as a loan officer. Licensure: There are currently no specific licensing requirements for loan officers working in banks or credit unions, but licensing requirements for loan officers who work in mortgage banks or brokerages can vary by state.They must generally have a Mortgage Loan. A mortgage loan originator, sometimes referred to as a mortgage loan officer, sells loan packages to customers looking to buy residential or commercial real estate.. Average Salary (2019.
Umpqua Bank Loan Officer Assistant salaries – 4 salaries reported Oregon $37,752/yr HomeStreet Loan Officer Assistant salaries – 3 salaries reported Oregon $43,508/yr Summit Funding Loan Officer Assistant salaries – 3 salaries reported Oregon $43,783/yr Academy Mortgage Loan Officer Assistant. If you are the spouse of a member of the Armed Forces of the United State who is stationed in Oregon and you hold a current mortgage loan originator license in another state, Oregon may issue you a temporary license for Oregon. Please contact the Division at (503) 378-4140 for more details. Loan officers earned a median annual salary of $63,640 in 2016, according to the U.S. Bureau of Labor Statistics. On the low end, loan officers earned a 25th percentile salary of $45,100, meaning 75 percent earned more than this amount. The 75th percentile salary is $92,610, meaning 25 percent earn more.
Loan Officers made a median salary of $63,040 in 2018. The best-paid 25 percent made $92,240 that year, while the lowest-paid 25 percent made $44,500. The average salary for a Mortgage Loan Officer in Portland, Oregon is $80,000. Visit PayScale to research mortgage loan officer salaries by city, experience, skill, employer and more. 1 Mortgage Loan Officer job found in Bend, OR area About Bend, Oregon Bend sits on the boundary of the Eastern Cascades Slopes and Foothills, a Level III ecoregion designated by the United States Environmental Protection Agency (EPA) in the U.S. states of Oregon, Washington, and California, and the Deschutes River Valley, a Level IV ecoregion.
The average hourly pay for an Assistant Loan Officer in Portland, Oregon is $19.00. Visit PayScale to research assistant loan officer hourly pay by city, experience, skill, employer and more. 142 Mortgage Loan Officer Reviews. Mortgage Loan Officers give their job an average rating of 3.9 out of 5.0.The Mortgage Loan Officers happiest with their jobs are employed by Premier Mortgage Funding with an average rating of 4.9 while the Mortgage Loan Officers least happy with their jobs work for AmeriSave with an average rating of 1.7.. Submit a Review Ø Loan Officer online origination and pricing system. Ø Close More Loans. Ø Loan officer support . As a Oaktree Funding VLO you have flexibility and many options. Options such as: Ø Work at home with access to our full technology just like you were in the office. Ø Take advantage of effective processing, giving you more time to sell.
How to Become a Loan Officer. Most loan officers need a bachelor’s degree and receive on-the-job training. Mortgage loan officers must be licensed. Pay. The median annual wage for loan officers was $63,270 in May 2019. Job Outlook