Loan Officers Jobs Pay in Bay City, MI
Average Hourly Pay
$30.37
5.1%Below national average
Range: $28.92 – $31.81
Average Annual Pay
$63,161
5.1%Below national average
Range: $60,154 – $66,169
How much do Loan Officers make?
Your level of experience is a key factor in determining your earning potential. Here's what you can expect at different career stages:
Entry Level
0-2 years
Hourly Rate
$25.81/hr
Range: $24.58 – $27.04
Annual Rate
$53,687
Range: $51,131 – $56,244
Mid level
3-5 years
Hourly Rate
$30.37/hr
Range: $28.92 – $31.81
Annual Rate
$63,161
Range: $60,154 – $66,169
Senior level
6+ years
Hourly Rate
$34.93/hr
Range: $33.26 – $36.58
Annual Rate
$72,635
Range: $69,177 – $76,094
Loan Officers job description
Loan Officers professionals provide essential administrative support in office environments. They handle correspondence, maintain records, and coordinate office activities to ensure smooth business operations.
Responsibilities
- •Manage correspondence and communications
- •Maintain accurate records and files
- •Schedule appointments and meetings
- •Process documents and data entry
- •Greet visitors and answer phones
- •Support other staff members
Skills
- •Computer proficiency (Microsoft Office)
- •Organizational skills
- •Communication skills
- •Attention to detail
- •Time management
- •Customer service
Qualifications
- •High school diploma required
- •Associate degree preferred
- •Previous office experience
- •Typing speed 40+ WPM
