Avg. Base Hourly Rate (USD)
The average hourly pay for a Mortgage Loan Officer is $21.97 in 2025
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What Do Mortgage Loan Officers Do?
- 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.
Common Health Benefits for a Mortgage Loan Officer
Gender Breakdown for Mortgage Loan Officers
FAQs About Mortgage Loan Officers
What is the highest pay for Mortgage Loan Officers in Phoenix?
Our data indicates that the highest pay for a Mortgage Loan Officer in Phoenix is $NaN / hour
What is the lowest pay for Mortgage Loan Officers in Phoenix?
Our data indicates that the lowest pay for a Mortgage Loan Officer in Phoenix is $NaN / 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.