Loan Officers Jobs Pay in Grand Rapids-Wyoming-Kentwood, MI

Average Hourly Pay

$44.47
39.0%Above national average

Range: $42.35 – $46.59

Average Annual Pay

$92,492
39.0%Above national average

Range: $88,088 – $96,897

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

$37.80/hr

Range: $36.00 – $39.60

Annual Rate

$78,618

Range: $74,875 $82,362

Mid level

3-5 years

Hourly Rate

$44.47/hr

Range: $42.35 – $46.59

Annual Rate

$92,492

Range: $88,088 $96,897

Senior level

6+ years

Hourly Rate

$51.14/hr

Range: $48.70 – $53.58

Annual Rate

$106,366

Range: $101,301 $111,432

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