How much do mortgage loan officers make in Oklahoma?
How much do mortgage loan officers make in Oklahoma?
Mortgage Loan Officer I Salary in Oklahoma
| Percentile | Salary | Location |
|---|---|---|
| 25th Percentile Mortgage Loan Officer I Salary | $34,428 | OK |
| 50th Percentile Mortgage Loan Officer I Salary | $42,117 | OK |
| 75th Percentile Mortgage Loan Officer I Salary | $51,238 | OK |
| 90th Percentile Mortgage Loan Officer I Salary | $59,542 | OK |
Do loan officers get a base salary?
Loan Officer Salary Can Vary Widely Well, take note that most loan officers do not receive a base salary, only commission, so they are paid for performance. Sales performance. The median income for a loan officer in the United States was $63,650 in 2016, according to the Bureau of Labor Statistics (BLS).
Do loan officers make good money?
How Much Does a Loan Officer Make? Loan Officers made a median salary of $63,270 in 2019. The best-paid 25 percent made $92,960 that year, while the lowest-paid 25 percent made $44,840.
Do loan officers make 6 figures?
A new report released this week revealed that the majority of loan originators make $100,000 or more annually. This was one of the major takeaways from Mortgage Daily’s 2012 Loan Originator Survey, which included 175 originators (120 who completed ALL questions).
How much do escrow officers make in Oklahoma?
The average Escrow Officer salary in Oklahoma is $47,607 as of October 29, 2021, but the range typically falls between $38,531 and $57,704.
How much do mortgage loan officers make in Texas?
How much does a Mortgage Loan Officer I make in Texas? The average Mortgage Loan Officer I salary in Texas is $44,383 as of November 29, 2021, but the range typically falls between $36,283 and $53,992.
Is loan officer a stressful job?
You deal with stress well. Like any job working with the public, the position of a loan officer can sometimes be stressful. If you can deal with that stress in a calm manner, your career as a loan officer is likely to be lucrative.
Are loan officers in demand?
Job Outlook Employment of loan officers is projected to grow 3 percent from 2019 to 2029, about as fast as the average for all occupations. Increased demand for loan officers is expected as both businesses and individuals seek credit to finance commercial investments and personal spending.
Are loan officers happy?
Loan officers are one of the least happy careers in the United States. As it turns out, loan officers rate their career happiness 2.5 out of 5 stars which puts them in the bottom 5% of careers.
