Loan Officers Jobs Pay in Mankato, MN
Average Hourly Pay
$50.48
57.7%Above national average
Range: $48.08 – $52.89
Average Annual Pay
$105,007
57.7%Above national average
Range: $100,006 – $110,007
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
$42.91/hr
Range: $40.87 – $44.96
Annual Rate
$89,256
Range: $85,005 – $93,506
Mid level
3-5 years
Hourly Rate
$50.48/hr
Range: $48.08 – $52.89
Annual Rate
$105,007
Range: $100,006 – $110,007
Senior level
6+ years
Hourly Rate
$58.05/hr
Range: $55.29 – $60.82
Annual Rate
$120,758
Range: $115,007 – $126,508
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
