Loan Officers Jobs Pay in Worcester, MA
Average Hourly Pay
$51.31
60.3%Above national average
Range: $48.87 – $53.76
Average Annual Pay
$106,732
60.3%Above national average
Range: $101,650 – $111,815
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
$43.61/hr
Range: $41.54 – $45.70
Annual Rate
$90,722
Range: $86,403 – $95,043
Mid level
3-5 years
Hourly Rate
$51.31/hr
Range: $48.87 – $53.76
Annual Rate
$106,732
Range: $101,650 – $111,815
Senior level
6+ years
Hourly Rate
$59.01/hr
Range: $56.20 – $61.82
Annual Rate
$122,742
Range: $116,897 – $128,587
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
