Loan Officers Jobs Pay in Illinois, IL
Average Hourly Pay
$44.71
39.7%Above national average
Range: $42.58 – $46.84
Average Annual Pay
$92,995
39.7%Above national average
Range: $88,566 – $97,423
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
$38.00/hr
Range: $36.19 – $39.81
Annual Rate
$79,046
Range: $75,281 – $82,810
Mid level
3-5 years
Hourly Rate
$44.71/hr
Range: $42.58 – $46.84
Annual Rate
$92,995
Range: $88,566 – $97,423
Senior level
6+ years
Hourly Rate
$51.42/hr
Range: $48.97 – $53.87
Annual Rate
$106,944
Range: $101,851 – $112,036
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
