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Top 10 mortgage loan officer salary los angeles That Will Change Your Life

Below is information and knowledge on the topic mortgage loan officer salary los angeles gather and compiled by the nhomkinhnamphat.com team. Along with other related topics like: How to become a mortgage loan officer, Mortgage loan Officer jobs, Mortgage loan officer requirements, Loan Officer jobs Los Angeles, Mortgage loan officer job description, Loan Officer salary in California, How to become a loan officer in California, Loan officer license.

Mortgage Loan Officer Salary in Los Angeles, California | Salary.com

How much does a Mortgage Loan Officer make in Los Angeles, CA? The average Mortgage Loan Officer salary in Los Angeles, CA is $63,958 as of , but the salary range typically falls between $45,781 and $94,833. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Jobs with a similar salary range to Mortgage Loan Officer :
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Search Mortgage Loan Officer Jobs in Los Angeles, CA

Radius Agent – Los Angeles
,
CA

What powers this mission are incredible Mortgage Loan Officers. We’re building a next generation platform for MLOs and focused on helping you grow your commission revenue and book of business. We’ve …

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts – 19 days ago

More Leads More Conversions – Los Angeles
,
CA

Live Free Training on every topic in the Mortgage industry * Remote/Telecommute/Work From Home Qualifications for the Loan Officer: * Must hold an active license * Loan experience is required * Must …

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts – 21 days ago

Radius Agent – Los Angeles
,
CA

Mortgage Loan Officer Job Type: Independent Contractor Compensation: Commission Split WHO WE ARE Radius is a vertically integrated real estate company. We’ve built a social network of over 80,000 …

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts – 49 days ago

EZ Fundings Home Loans – West Covina
,
CA

Our Process We are currently looking to add experienced and motivated Mortgage Loan Officers to our team. With over 20 years of industry experience and 15,000+ mortgages closed, we have the knowledge …

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts – 6 days ago

EZ Fundings Home Loans – Diamond Bar
,
CA

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Our Process We are currently looking to add experienced and motivated Mortgage Loan Officers to our team. With over 20 years of industry experience and 15,000+ mortgages closed, we have the knowledge …

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts – 6 days ago

Radius Agent – Long Beach
,
CA

What powers this mission are incredible Mortgage Loan Officers. We’re building a next generation platform for MLOs and focused on helping you grow your commission revenue and book of business. We’ve …

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts – 18 days ago


About Los Angeles, California

Los Angeles (/lɔːs ˈændʒələs/ (listen);[a] Spanish: Los Ángeles), officially the City of Los Angeles and often known by its initials L.A., is the most populous city in California, the second most populous city in the United States, after New York City, and the third most populous city in North America. With an estimated population of four million, Los Angeles is the cultural, financial, and commercial center of Southern California. The city is known for its Mediterranean climate, ethnic diversity, Hollywood and the entertainment industry, and its sprawling metropolis. Los Angeles is the larges…

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

Understand the total compensation opportunity for a Mortgage Loan Officer, base salary plus other pay elements

Average Base Salary

Core compensation

Average Total Cash Compensation

Includes base and annual incentives

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Officer in Los Angeles, CA. The base salary for Mortgage Loan Officer ranges from $45,781 to $94,833 with the average base salary of $63,958. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $83,440 to $141,447 with the average total cash compensation of $112,790.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

of relevant job experience

About Los Angeles, California    Los Angeles (/lɔːs ˈændʒələs/ (listen);[a] Spanish: Los Ángeles), officially the City of Los Angeles and often known by its initials L.A., is the most….More

Los Angeles, California  area prices were up 3.2% from a year ago

Mortgage Loan Officer Salary in popular cities:
San Diego, San Jose, San Francisco

Skills associated with Mortgage Loan Officer:
Regulatory Compliance, #develop, Act!, Basis
…More

Extra Information About mortgage loan officer salary los angeles That You May Find Interested

If the information we provide above is not enough, you may find more below here.

Mortgage Loan Officer Salary in Los Angeles, California

  • Author: salary.com

  • Rating: 3⭐ (757476 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 3⭐

  • Sumary: The average Mortgage Loan Officer salary in Los Angeles, California is $63,958 as of November 23, 2022, but the salary range typically falls between $45,781 and $94,833.

  • Matching Result: How much does a Mortgage Loan Officer make in Los Angeles, CA? The average Mortgage Loan Officer salary in Los Angeles, CA is $63,958 as of , but the salary …

  • Intro: Mortgage Loan Officer Salary in Los Angeles, California | Salary.com How much does a Mortgage Loan Officer make in Los Angeles, CA? The average Mortgage Loan Officer salary in Los Angeles, CA is $63,958 as of , but the salary range typically falls between $45,781 and $94,833. Salary ranges can…
  • Source: https://www.salary.com/research/salary/listing/mortgage-loan-officer-salary/los-angeles-ca

Loan Officer in Los Angeles, CA - Salaries - Glassdoor

Loan Officer in Los Angeles, CA – Salaries – Glassdoor

  • Author: glassdoor.com

  • Rating: 3⭐ (757476 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 3⭐

  • Sumary: The average salary for a Loan Officer is $89,817 per year in Los Angeles, CA. Click here to see the total pay, recent salaries shared and more!

  • Matching Result: The average salary for a Loan Officer is $89767 per year in Los Angeles, CA. Click here to see the total pay, recent salaries shared and …

  • Intro: Salary: Loan Officer in Los Angeles, CAHow much does a Loan Officer make in Los Angeles, CA?Updated Sep 15, 2022ExperienceAll years of ExperienceAll years of Experience0-1 Years1-3 Years4-6 Years7-9 Years10-14 Years15+ YearsIndustryAll industriesAll industriesLegalAerospace & DefenseAgricultureArts, Entertainment & RecreationPharmaceutical & BiotechnologyManagement & ConsultingConstruction, Repair & Maintenance ServicesPersonal Consumer ServicesEducationFinancial ServicesGovernment…
  • Source: https://www.glassdoor.com/Salaries/los-angeles-loan-officer-salary-SRCH_IL.0,11_IM508_KO12,24.htm

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Mortgage Loan Officer in Los Angeles, CA 2022 - Salaries

Mortgage Loan Officer in Los Angeles, CA 2022 – Salaries

  • Author: glassdoor.com

  • Rating: 3⭐ (757476 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 3⭐

  • Sumary: The average salary for a Mortgage Loan Officer is $140,783 per year in Los Angeles, CA. Click here to see the total pay, recent salaries shared and more!

  • Matching Result: The average salary for a Mortgage Loan Officer is $140773 per year in Los Angeles, CA. Click here to see the total pay, recent salaries …

  • Intro: Salary: Mortgage Loan Officer in Los Angeles, CA 2022How much does a Mortgage Loan Officer make in Los Angeles, CA?Updated Sep 15, 2022ExperienceAll years of ExperienceAll years of Experience0-1 Years1-3 Years4-6 Years7-9 Years10-14 Years15+ YearsIndustryAll industriesAll industriesLegalAerospace & DefenseAgricultureArts, Entertainment & RecreationPharmaceutical & BiotechnologyManagement & ConsultingConstruction, Repair & Maintenance ServicesPersonal…
  • Source: https://www.glassdoor.com/Salaries/los-angeles-mortgage-loan-officer-salary-SRCH_IL.0,11_IM508_KO12,33.htm

Mortgage Loan Officer Salary in Los Angeles County, CA - Mint

Mortgage Loan Officer Salary in Los Angeles County, CA – Mint

  • Author: mint.intuit.com

  • Rating: 3⭐ (757476 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 3⭐

  • Sumary: The average total salary of Mortgage Loan Officers in Los Angeles County, CA is $89,500/year based on 75 tax returns from TurboTax customers who reported their occupation as mortgage loan officers in Los Angeles County, CA.

  • Matching Result: The average salary for a mortgage loan officer in Los Angeles County, CA is $89,500 per year. Mortgage loan officer salaries in Los Angeles County, CA can vary …

  • Intro: Mortgage Loan Officer Salary in Los Angeles County, CA – $89,500 | MintBased on 75 income tax recordsHow much do Mortgage Loan Officers make?The average total salary for a Mortgage Loan Officer is $89,500 per year. This is based on data from 75 TurboTax users who reported their occupation as…
  • Source: https://mint.intuit.com/salary/mortgage-loan-officer/los-angeles-county-ca

Loan Officer Salaries in Los Angeles, CA - SimplyHired

Loan Officer Salaries in Los Angeles, CA – SimplyHired

  • Author: simplyhired.com

  • Rating: 3⭐ (757476 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 3⭐

  • Sumary: Learn more about average Loan Officer Salaries in Los Angeles, CA on SimplyHired. Compare average salaries by job title and skillset.

  • Matching Result: Loan Officer Salaries in Los Angeles, CA · $60,419 · $91,118 · $227,035 · $342,388 · $143,829 …

  • Intro: Loan Officer Salaries in Los Angeles, CAPosition Title: Loan Officer Assistant or Jr. Loan OfficerMortgage Capital PartnersLos Angeles, CA3+ years’ experience in mortgage origination preferred. Complete understanding of the process of files from origination through to funding.Estimated: $46,000 – $59,000 a year9 days agoLoan Officer Full-timeBeverly Hills City Employees Federal…
  • Source: https://www.simplyhired.com/salaries-k-loan-officer-l-los-angeles-ca-jobs.html

Mortgage Loan Originator Salary Los Angeles, California ...

Mortgage Loan Originator Salary Los Angeles, California …

  • Author: salaryexpert.com

  • Rating: 3⭐ (757476 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 3⭐

  • Sumary: The average mortgage loan originator salary in Los Angeles, California is $74,313 or an equivalent hourly rate of $36. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Los Angeles,…

  • Matching Result: The average mortgage loan originator salary in Los Angeles, California is $74367 or an equivalent hourly rate of $36. Salary estimates based on salary …

  • Intro: Salary Expert – Mortgage Loan Originator Salary Los Angeles, California, United States Average Base Salary $74,313 (USD)/yr Average Hourly Rate$35.73 (USD)/hr Average Bonus$2,579 (USD)/yr Compensation Data Based on ExperienceThe average mortgage loan originator gross salary in Los Angeles, California is $74,313 or an equivalent hourly rate of $36. This is…
  • Source: https://www.salaryexpert.com/salary/job/mortgage-loan-originator/united-states/california/los-angeles

Frequently Asked Questions About mortgage loan officer salary los angeles

If you have questions that need to be answered about the topic mortgage loan officer salary los angeles, then this section may help you solve it.

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What are the salaries of mortgage loan officers in Los Angeles?

9,500 annually

How much money do California mortgage loan officers make?

Mortgage loan officer salaries in California can range from $4,500 to $27,000 per year and depend on a number of factors, including skills, experience, employer, bonuses, tips, and more. The average salary for a mortgage loan officer in California is $6,500 per year.

Why does MLO generate such a profit?

Most frequently, a Mortgage Loan Officer’s salary is based on commission, with compensation varying from office to office and state to state. Mortgage Loan Officers make their money through b>loan origination fees, closing costs, and servicing and selling loans/b>.

Which kind of loan officer earns the highest salary?

Jobs With High Loan Payouts

  • Chief Lending Officer. Salary range: $120,000-$175,000 per year. …
  • Consumer Lending Manager. Salary range: $59,000-$135,000 per year. …
  • Commercial Lender. Salary range: $75,000-$130,000 per year. …
  • Loan Operations Manager. …
  • VA Underwriter. …
  • Agricultural Lender. …
  • Loan Officer. …
  • SBA Underwriter.

How many hours does an MLO work each week?

A typical workweek may be over 40 hours and include evenings and/or weekends, especially when interest rates are low and the housing market is active. An MLO spends a large portion of his or her time in the field, communicating by email and phone with the office and clients.

Is MLO a reliable side business?

It really depends on what company you work for, how much experience you have, and the state of the economy; however, even if you only want to do the job as a side hustle you can still earn a good living.

What qualification makes a good loan officer?

A bachelor’s degree in finance, or a related field like business or accounting, is typically required for loan officers, as it gives them the essential business and financial knowledge they need to do their jobs.

Is it difficult to get started as a loan officer?

No, becoming a loan officer is not difficult. However, many financial institutions favor applicants with a bachelor’s degree in business administration, finance, or a related field even though there are no formal educational requirements to become a mortgage loan officer.

Is working as a loan officer challenging?

Yes, a mortgage broker or bank may tell you that it’s simple, and yes, you may not have to work very hard in the traditional sense, or participate in any back-breaking work, but it’s still not an easy job.

Is the MLO exam challenging?

Due to the financial responsibilities of mortgage loan officers, the exam serves to ensure MLOs are prepared for these responsibilities and are held to high industry standards. The NMLS test difficulty can be described as challenging, even for those who prepare, and this is on purpose.

Why do so many test takers not pass the NMLs?

This test is extremely important to your career, so prepare for it seriously. The majority of people fail the NMLS exam because they don’t study, pay little attention in their pre-licensing class, panic when they don’t understand a question, or read the questions too quickly.

A good career for MLO?

For those who put in the time and effort, becoming an MLO is an excellent career move that can pay off, but it also means that there is competition in the field.

Is working as a MLO demanding?

You have a good stress management technique because, like any job involving the public, the position of a loan officer can occasionally be stressful. You might not know everything on your first day, but you should be willing to learn quickly in order to help advise your clients.

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