Loan Officers Jobs Pay in Chicago-Naperville-Elgin, IL
Average Hourly Pay
$46.75
46.1%Above national average
Range: $44.52 – $48.97
Average Annual Pay
$97,232
46.1%Above national average
Range: $92,602 – $101,862
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
$39.74/hr
Range: $37.84 – $41.62
Annual Rate
$82,647
Range: $78,712 – $86,583
Mid level
3-5 years
Hourly Rate
$46.75/hr
Range: $44.52 – $48.97
Annual Rate
$97,232
Range: $92,602 – $101,862
Senior level
6+ years
Hourly Rate
$53.76/hr
Range: $51.20 – $56.32
Annual Rate
$111,817
Range: $106,492 – $117,141
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
