Loan Officers Jobs Pay in St. Cloud, MN
Average Hourly Pay
$50.38
57.4%Above national average
Range: $47.98 – $52.78
Average Annual Pay
$104,788
57.4%Above national average
Range: $99,798 – $109,778
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
$42.82/hr
Range: $40.78 – $44.86
Annual Rate
$89,070
Range: $84,828 – $93,311
Mid level
3-5 years
Hourly Rate
$50.38/hr
Range: $47.98 – $52.78
Annual Rate
$104,788
Range: $99,798 – $109,778
Senior level
6+ years
Hourly Rate
$57.94/hr
Range: $55.18 – $60.70
Annual Rate
$120,506
Range: $114,768 – $126,245
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
