How Much Does a Junior Mortgage Loan Officer Make?

Updated May 28, 2024

Individually reported data submitted by users of our website

Normal Confidence
$48,699/yr
Average Base Pay
Low $40,853
Average $48,699
High $56,542
The average salary for Junior Mortgage Loan Officer is $48,699 per year in the United States.

Related Job Titles to Junior Mortgage Loan Officer

Mortgage Loan Officer
$49,873
US
Per Year
Junior Loan Officer
$59,953
US
Per Year
Mortgage Loan Officer II
$65,691
US
Per Year
Mortgage Loan Officer III
$95,797
US
Per Year

Similar Job Salaries to Junior Mortgage Loan Officer by Company

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Company average base salary in (usd) range
SayGo Home Loans LLC
Junior Mortgage Loan Officer
$85,172/yr
$69,154
$101,189
RANGE: $69,154 - $101,189
Mortgage Solutions of Georgia
Junior Mortgage Loan Officer
$83,792/yr
$68,034
$99,550
RANGE: $68,034 - $99,550
Chris Gurnee Realty
Junior Mortgage Loan Officer
$92,930/yr
$75,454
$110,407
RANGE: $75,454 - $110,407
River City Mortgage
Junior Mortgage Loan Officer
$66,590/yr
$52,759
$80,421
RANGE: $52,759 - $80,421
Premier Members Credit Union
Mortgage - Mortgage Loan Officer
$70,199/yr
$55,618
$84,780
RANGE: $55,618 - $84,780
PMCUCareerSite
Mortgage - Mortgage Loan Officer
$70,199/yr
$55,618
$84,780
RANGE: $55,618 - $84,780
Wizehire
Junior Mortgage Loan Processor
$48,102/yr
$42,009
$54,196
RANGE: $42,009 - $54,196
MortgageRight
Junior Mortgage Loan Originator
$86,070/yr
$71,274
$100,866
RANGE: $71,274 - $100,866
AmeriCU Credit Union
Mortgage Loan Officer (Mortgage Sales)
$68,716/yr
$55,219
$82,213
RANGE: $55,219 - $82,213
Michigan Schools and Government Credit Union
Mortgage Consultant (Mortgage Loan Officer)
$69,935/yr
$59,037
$80,833
RANGE: $59,037 - $80,833

What Does a Junior Mortgage Loan Officer Do?

VA: MyHome offers a deferred-payment junior loan of an amount up to the lesser of 3% of the purchase price or appraised value to assist with down payment and/or closing costs.
Updated December 20, 2021
A junior loan officer works alongside a senior mortgage loan officer to find potential home loan mortgage applicants, help them navigate the loan process, and assist with preparing and closing the mortgage loan transaction.
Updated December 18, 2021
After determining if you are eligible for a CalHFA home loan, the next step is to speak to a knowledgeable loan officer and get pre-qualified to determine how much of a loan you can afford.
Updated December 16, 2021
They counsel applicants on various loan products and mortgage programs, prepare loan packages that meet applicants’ specific financial needs, and collect, verify, and analyze financial data to determine an applicant’s creditworthiness and ability to repay a home mortgage loan.
Updated December 13, 2021
A mortgage having the interest paid periodically and the principal paid in one lump sum at the end of the term of the loan.
Updated December 11, 2021

Frequently Asked Questions About a Junior Mortgage Loan Officer Salaries

What is the average of a Junior Mortgage Loan Officer in the United States?

The Junior Mortgage Loan Officer salary range is from $40,853 to $56,542, and the average Junior Mortgage Loan Officer salary is $48,699/year in the United States. The Junior Mortgage Loan Officer's salary will change in different locations.

Which location pays the highest Junior Mortgage Loan Officer salary in the United States?

The Junior Mortgage Loan Officer salary in San Jose, CA is $61,117 which is the highest in the US.

What kinds of reasons will influence the Junior Mortgage Loan Officer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Junior Mortgage Loan Officer.

What is the growth rate of the Junior Mortgage Loan Officer's salary?

If you are thinking of becoming a Junior Mortgage Loan Officer or planning the next step in your career, find the detailed salary report of a Junior Mortgage Loan Officer.

Recent Salary Report

Below are the most recent Junior Mortgage Loan Officer salary reports. Employer name has been removed to protect anonymity.

$3,659 Monthly
A Junior Mortgage Loan Officer in Hendersonville, TN reported making $3,659 per month
Hendersonville, TN
1,000 - 3,000 employees
Full-Time
Company - Public
$20 Hourly
A Junior Mortgage Loan Officer in Jackson, TN reported making $20 per hour
Jackson, TN
7,6 - 15,000 employees
Part-Time
Company - Public
$42,270 Yearly
A Junior Mortgage Loan Officer in Battle Creek, MI reported making $42,270 per year
Battle Creek, MI
100 - 200 employees
Full-Time
Company - Private
$29 Hourly
A Junior Mortgage Loan Officer in Henrietta, NY reported making $29 per hour
Henrietta, NY
3,000 - 7,6 employees
Part-Time
Company - Public
$49,495 Yearly
A Junior Mortgage Loan Officer in Bismarck, ND reported making $49,495 per year
Bismarck, ND
6 - 1,000 employees
Full-Time
Company - Private
$59,814 Yearly
A Junior Mortgage Loan Officer in Newark, OH reported making $59,814 per year
Newark, OH
200 - 6 employees
Full-Time
Company - Private