▲11%
$15.00
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$10.39
MEDIAN
$15
90%
$18.74
The average hourly pay for a Mortgage Loan Officer is $15.00 in 2025
Hourly Rate
$10 - $19
Bonus
$1k - $10k
Total Pay
$23k - $49k
Is Average Entry-Level Mortgage Loan Officer with Consumer Loans 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 Mortgage Loan Officers?
What Do Mortgage Loan Officers Do?
Mortgage Loan Officer Tasks
- Obtain and compile financial information to evaluate loan applications and their risk.
- Generate new clients and referrals through strong relationship building.
- Track and maintain credit and loan data.
- Work directly with clients to review agreements, explain programs, and negotiate loans and terms.
Find your market worth – how it works:
Common Health Benefits for a Mortgage Loan Officer
Medical
67%
Dental
67%
Vision
60%
None
20%
Gender Breakdown for Mortgage Loan Officers
Male
66.7%
Female
33.3%
This data is based on 12 survey responses. Learn more about the gender pay gap.
FAQs About Mortgage Loan Officers
What is the highest pay for Mortgage Loan Officers?
Our data indicates that the highest pay for a Mortgage Loan Officer is $18.74 / hour
What is the lowest pay for Mortgage Loan Officers?
Our data indicates that the lowest pay for a Mortgage Loan Officer is $10.39 / hour
How can Mortgage Loan Officers increase their salary?
Increasing your pay as a Mortgage 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 a Mortgage Loan Officer that oversees more junior Mortgage Loan Officers, this experience can increase the likelihood to earn more.