Loan Officers Jobs Pay in Rapid City, SD
Average Hourly Pay
$42.60
33.1%Above national average
Range: $40.57 – $44.63
Average Annual Pay
$88,605
33.1%Above national average
Range: $84,386 – $92,824
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
$36.21/hr
Range: $34.48 – $37.94
Annual Rate
$75,314
Range: $71,728 – $78,900
Mid level
3-5 years
Hourly Rate
$42.60/hr
Range: $40.57 – $44.63
Annual Rate
$88,605
Range: $84,386 – $92,824
Senior level
6+ years
Hourly Rate
$48.99/hr
Range: $46.66 – $51.32
Annual Rate
$101,896
Range: $97,044 – $106,748
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
