Loan Officers Jobs Pay in South Dakota, SD

Average Hourly Pay

$42.03
31.3%Above national average

Range: $40.03 – $44.03

Average Annual Pay

$87,426
31.3%Above national average

Range: $83,262 – $91,589

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

$35.73/hr

Range: $34.03 – $37.43

Annual Rate

$74,312

Range: $70,773 $77,851

Mid level

3-5 years

Hourly Rate

$42.03/hr

Range: $40.03 – $44.03

Annual Rate

$87,426

Range: $83,262 $91,589

Senior level

6+ years

Hourly Rate

$48.33/hr

Range: $46.03 – $50.63

Annual Rate

$100,540

Range: $95,751 $105,327

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 South Dakota, South Dakota | EarnIn