Loan Officers Jobs Pay in Kokomo, IN
Average Hourly Pay
$34.68
8.4%Above national average
Range: $33.03 – $36.33
Average Annual Pay
$72,138
8.4%Above national average
Range: $68,702 – $75,573
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
$29.48/hr
Range: $28.08 – $30.88
Annual Rate
$61,317
Range: $58,397 – $64,237
Mid level
3-5 years
Hourly Rate
$34.68/hr
Range: $33.03 – $36.33
Annual Rate
$72,138
Range: $68,702 – $75,573
Senior level
6+ years
Hourly Rate
$39.88/hr
Range: $37.98 – $41.78
Annual Rate
$82,959
Range: $79,007 – $86,909
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
