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Avg. salary range
$79k–$89k
across regions
Hours / Day
8
Days / Week
5
working days
About this career
Loan officers, also referred to as "mortgage loan originators, " are people who work for banks and other financial institutions with the main objective to recommend individual and business loan applications for approval.
Career Level
What you'll need
Hover or tap a skill to learn more.
Communication
Are you able to write or vocalize your thoughts efficiently? Can you retain information that you hear or read?
Research
Are you able to easily collect information? Do you quickly identify higher priority information?
Attention To Detail
Do you often notice things that other people miss? Are you able to complete a project with few or no mistakes?
Math
Do you have a good sense of numbers? Are you easily able to recognize patterns? Can you easily do basic calculations?
Where do we get our data?
Our career data is based on regional averages provided by the Spokane Workforce Council. Data is subject to change based on location, job specialty, experience level, and/or union association.
Education & Training
Bachelor's Degree
A bachelor's is a post-secondary undergraduate degree. Historically, the term “college degree” meant a bachelor's or traditional four-year degree. Bachelor's degrees usually take between four and six years to complete.
Compensation
Spokane
Washington
Low
$49,900
Average
$78,700
High
$100,400
Washington minimum wage
Salary data reflects regional averages and may vary by employer, experience, and specialization.
Work Schedule
Shift cycle
5 on · 2 off per cycle
Typical shifts are 9am until 5pm, Monday through Friday
How does it compare?
Average Salary
$82,233
Overall Rank
73rd
out of 199 careers
In Finance & Insurance
4th
out of 11 careers
Salary distribution
Rankings are based on average salary data across all careers in our database. Individual earnings may vary.
