Loan Officers Jobs Pay in Springfield, MA
Average Hourly Pay
$51.18
59.9%Above national average
Range: $48.74 – $53.61
Average Annual Pay
$106,448
59.9%Above national average
Range: $101,379 – $111,517
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
$43.50/hr
Range: $41.43 – $45.57
Annual Rate
$90,481
Range: $86,172 – $94,789
Mid level
3-5 years
Hourly Rate
$51.18/hr
Range: $48.74 – $53.61
Annual Rate
$106,448
Range: $101,379 – $111,517
Senior level
6+ years
Hourly Rate
$58.86/hr
Range: $56.05 – $61.65
Annual Rate
$122,415
Range: $116,586 – $128,245
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
