Avg. Base Salary (USD)
The average salary for a Senior Loan Officer is $99,476 in 2025
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What Do Senior Loan Officers Do?
- 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.
Common Health Benefits for a Senior Loan Officer
Gender Breakdown for Senior Loan Officers
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.