Loan Officers Jobs Pay in Montgomery, AL

Average Hourly Pay

$40.69
27.2%Above national average

Range: $38.75 – $42.63

Average Annual Pay

$84,630
27.2%Above national average

Range: $80,600 – $88,660

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

$34.59/hr

Range: $32.94 – $36.24

Annual Rate

$71,936

Range: $68,510 $75,361

Mid level

3-5 years

Hourly Rate

$40.69/hr

Range: $38.75 – $42.63

Annual Rate

$84,630

Range: $80,600 $88,660

Senior level

6+ years

Hourly Rate

$46.79/hr

Range: $44.56 – $49.02

Annual Rate

$97,324

Range: $92,690 $101,959

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
Loan Officers Pay in Montgomery, Alabama | EarnIn