Loan Officers Jobs Pay in Traverse City, MI
Average Hourly Pay
$33.96
6.1%Above national average
Range: $32.34 – $35.57
Average Annual Pay
$70,631
6.1%Above national average
Range: $67,267 – $73,994
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
$28.87/hr
Range: $27.49 – $30.23
Annual Rate
$60,036
Range: $57,177 – $62,895
Mid level
3-5 years
Hourly Rate
$33.96/hr
Range: $32.34 – $35.57
Annual Rate
$70,631
Range: $67,267 – $73,994
Senior level
6+ years
Hourly Rate
$39.05/hr
Range: $37.19 – $40.91
Annual Rate
$81,226
Range: $77,357 – $85,093
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
