Loan Officers Jobs Pay in Cleveland, OH
Average Hourly Pay
$41.78
30.6%Above national average
Range: $39.79 – $43.77
Average Annual Pay
$86,901
30.6%Above national average
Range: $82,763 – $91,040
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
$35.51/hr
Range: $33.82 – $37.20
Annual Rate
$73,866
Range: $70,349 – $77,384
Mid level
3-5 years
Hourly Rate
$41.78/hr
Range: $39.79 – $43.77
Annual Rate
$86,901
Range: $82,763 – $91,040
Senior level
6+ years
Hourly Rate
$48.05/hr
Range: $45.76 – $50.34
Annual Rate
$99,936
Range: $95,177 – $104,696
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
