▲17%
$13.47
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$9.94
MEDIAN
$13.47
90%
$18.24
The average hourly pay for an Assistant Loan Officer is $13.47 in 2025
Hourly Rate
$10 - $18
Bonus
$206 - $9k
Profit Sharing
$0 - $6k
Commission
$0 - $9k
Total Pay
$21k - $51k
Is Average Entry-Level Assistant Loan Officer with Loan Processing Skills Hourly Pay your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Assistant Loan Officers?
What Do Assistant Loan Officers Do?
Assistant Loan Officer Tasks
- Assist in managing a loan portfolio with regard to credit quality and administration, and portfolio performance.
- Coordinate and manage marketing to current clients and potential customers.
- Approve, deny, and review loan recommendations.
- Review, identify, and resolve problems with loan applications.
- Facilitate the application process by initiating pre-qualification inquiry calls and reviewing resulting data with the loan officer.
Find your market worth – how it works:
Common Health Benefits for a Assistant Loan Officer
Medical
77%
Dental
58%
Vision
52%
None
23%
Gender Breakdown for Assistant Loan Officers
Female
68.0%
Male
32.0%
This data is based on 25 survey responses. Learn more about the gender pay gap.
FAQs About Assistant Loan Officers
What is the highest pay for Assistant Loan Officers?
Our data indicates that the highest pay for an Assistant Loan Officer is $18.24 / hour
What is the lowest pay for Assistant Loan Officers?
Our data indicates that the lowest pay for an Assistant Loan Officer is $9.94 / hour
How can Assistant Loan Officers increase their salary?
Increasing your pay as an Assistant Loan Officer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Assistant Loan Officer that oversees more junior Assistant Loan Officers, this experience can increase the likelihood to earn more.