Loan Officers Jobs Pay in Waterloo-Cedar Falls, IA
Average Hourly Pay
$38.67
20.8%Above national average
Range: $36.83 – $40.51
Average Annual Pay
$80,437
20.8%Above national average
Range: $76,606 – $84,267
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
$32.87/hr
Range: $31.31 – $34.43
Annual Rate
$68,371
Range: $65,115 – $71,627
Mid level
3-5 years
Hourly Rate
$38.67/hr
Range: $36.83 – $40.51
Annual Rate
$80,437
Range: $76,606 – $84,267
Senior level
6+ years
Hourly Rate
$44.47/hr
Range: $42.35 – $46.59
Annual Rate
$92,503
Range: $88,097 – $96,907
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
