Loan Officers Jobs Pay in Cedar Rapids, IA
Average Hourly Pay
$44.19
38.1%Above national average
Range: $42.09 – $46.30
Average Annual Pay
$91,925
38.1%Above national average
Range: $87,547 – $96,302
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
$37.56/hr
Range: $35.78 – $39.35
Annual Rate
$78,136
Range: $74,415 – $81,857
Mid level
3-5 years
Hourly Rate
$44.19/hr
Range: $42.09 – $46.30
Annual Rate
$91,925
Range: $87,547 – $96,302
Senior level
6+ years
Hourly Rate
$50.82/hr
Range: $48.40 – $53.24
Annual Rate
$105,714
Range: $100,679 – $110,747
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
