Loan Officers Jobs Pay in Monroe, MI
Average Hourly Pay
$33.10
3.4%Above national average
Range: $31.52 – $34.67
Average Annual Pay
$68,840
3.4%Above national average
Range: $65,562 – $72,118
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
$28.14/hr
Range: $26.79 – $29.47
Annual Rate
$58,514
Range: $55,728 – $61,300
Mid level
3-5 years
Hourly Rate
$33.10/hr
Range: $31.52 – $34.67
Annual Rate
$68,840
Range: $65,562 – $72,118
Senior level
6+ years
Hourly Rate
$38.06/hr
Range: $36.25 – $39.87
Annual Rate
$79,166
Range: $75,396 – $82,936
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
