Loan Officers Jobs Pay in Farmington, NM
Average Hourly Pay
$45.02
40.7%Above national average
Range: $42.88 – $47.17
Average Annual Pay
$93,650
40.7%Above national average
Range: $89,190 – $98,109
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
$38.27/hr
Range: $36.45 – $40.09
Annual Rate
$79,603
Range: $75,812 – $83,393
Mid level
3-5 years
Hourly Rate
$45.02/hr
Range: $42.88 – $47.17
Annual Rate
$93,650
Range: $89,190 – $98,109
Senior level
6+ years
Hourly Rate
$51.77/hr
Range: $49.31 – $54.25
Annual Rate
$107,697
Range: $102,568 – $112,825
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
