Loan Officers Jobs Pay in Sioux Falls, SD
Average Hourly Pay
$43.97
37.4%Above national average
Range: $41.88 – $46.07
Average Annual Pay
$91,466
37.4%Above national average
Range: $87,110 – $95,821
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
$37.37/hr
Range: $35.60 – $39.16
Annual Rate
$77,746
Range: $74,044 – $81,448
Mid level
3-5 years
Hourly Rate
$43.97/hr
Range: $41.88 – $46.07
Annual Rate
$91,466
Range: $87,110 – $95,821
Senior level
6+ years
Hourly Rate
$50.57/hr
Range: $48.16 – $52.98
Annual Rate
$105,186
Range: $100,176 – $110,194
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
