Loan Officers Jobs Pay in State College, PA

Average Hourly Pay

$40.85
27.7%Above national average

Range: $38.90 – $42.79

Average Annual Pay

$84,958
27.7%Above national average

Range: $80,912 – $89,003

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

$34.72/hr

Range: $33.06 – $36.37

Annual Rate

$72,214

Range: $68,775 $75,653

Mid level

3-5 years

Hourly Rate

$40.85/hr

Range: $38.90 – $42.79

Annual Rate

$84,958

Range: $80,912 $89,003

Senior level

6+ years

Hourly Rate

$46.98/hr

Range: $44.73 – $49.21

Annual Rate

$97,702

Range: $93,049 $102,353

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