Loan Officers Jobs Pay in Norwich-New London-Willimantic, CT

Average Hourly Pay

$49.54
54.8%Above national average

Range: $47.18 – $51.90

Average Annual Pay

$103,041
54.8%Above national average

Range: $98,134 – $107,948

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

$42.11/hr

Range: $40.10 – $44.11

Annual Rate

$87,585

Range: $83,414 $91,756

Mid level

3-5 years

Hourly Rate

$49.54/hr

Range: $47.18 – $51.90

Annual Rate

$103,041

Range: $98,134 $107,948

Senior level

6+ years

Hourly Rate

$56.97/hr

Range: $54.26 – $59.68

Annual Rate

$118,497

Range: $112,854 $124,140

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 Norwich-New London-Willimantic, Connecticut | EarnIn