Loan Officers Jobs Pay in Minnesota, MN
Average Hourly Pay
$48.55
51.7%Above national average
Range: $46.24 – $50.86
Average Annual Pay
$100,988
51.7%Above national average
Range: $96,179 – $105,797
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
$41.27/hr
Range: $39.30 – $43.23
Annual Rate
$85,840
Range: $81,752 – $89,927
Mid level
3-5 years
Hourly Rate
$48.55/hr
Range: $46.24 – $50.86
Annual Rate
$100,988
Range: $96,179 – $105,797
Senior level
6+ years
Hourly Rate
$55.83/hr
Range: $53.18 – $58.49
Annual Rate
$116,136
Range: $110,606 – $121,667
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
