▲57%
$46,000
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
25%
$39k
MEDIAN
$46k
75%
$84k
The average salary for a Senior Loan Officer is $46,000 in 2025
Base Salary
$39k - $84k
Bonus
$1k - $13k
Commission
$0 - $30k
Total Pay
$45k - $93k
Is Average Early-Career Senior Loan Officer with Loan Underwriting Skills Salary your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Senior Loan Officers?
What Do Senior Loan Officers Do?
Senior Loan Officer Tasks
- Solicit, originate, negotiate, underwrite, process, and coordinate the closing of consumer, residential, equipment, commercial building, and business loans.
- Cultivate new lending opportunities in new markets.
- Make recommendations to senior management to streamline lending practices and procedures.
- Assist loan manager in determining the credit risk of the loan portfolio.
- Analyze, verify, package, and submit loans.
Find your market worth – how it works:
Common Health Benefits for a Senior Loan Officer
Medical
86%
Dental
71%
Vision
43%
None
14%
Gender Breakdown for Senior Loan Officers
Male
66.7%
Female
33.3%
This data is based on 6 survey responses. Learn more about the gender pay gap.
FAQs About Senior Loan Officers
What is the highest pay for Senior Loan Officers?
Our data indicates that the highest pay for a Senior Loan Officer is $NaN / year
What is the lowest pay for Senior Loan Officers?
Our data indicates that the lowest pay for a Senior Loan Officer is $NaN / year
How can Senior Loan Officers increase their salary?
Increasing your pay as a Senior Loan Officer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Senior Loan Officer that oversees more junior Senior Loan Officers, this experience can increase the likelihood to earn more.