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Entry Level Loan Officer Jobs (NOW HIRING)

Our Lending Officers put their clients' needs first to pre-qualify and provide a consultative, customer first approach, to determine the loan program that best fits their specific financial goals.

Our Lending Officers put their clients' needs first to pre-qualify and provide a consultative, customer first approach, to determine the loan program that best fits their specific financial goals.

Our Lending Officers put their clients' needs first to pre-qualify and provide a consultative, customer first approach, to determine the loan program that best fits their specific financial goals.

Our Lending Officers put their clients' needs first to pre-qualify and provide a consultative, customer first approach, to determine the loan program that best fits their specific financial goals.

Our Lending Officers put their clients' needs first to pre-qualify and provide a consultative, customer first approach, to determine the loan program that best fits their specific financial goals.

Showing results 21-40

Entry Level Loan Officer information

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$22.5K

$70.3K

$126.5K

How much do entry level loan officer jobs pay per year?

As of Aug 8, 2026, the average yearly pay for entry level loan officer in the United States is $70,335.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,000.00 and $90,000.00 per year, depending on experience, location, and employer.

What does an entry level loan officer do?

An Entry Level Loan Officer helps customers apply for loans, reviews their financial information, and guides them through the loan approval process. They typically work under the supervision of senior loan officers and are responsible for answering questions, collecting required documents, and verifying applicant details. Their goal is to ensure that clients understand the loan products available and assist them in selecting the best option for their needs.

What are the key skills and qualifications needed to thrive as an entry level loan officer, and why are they important?

To thrive as an Entry Level Loan Officer, you need a solid understanding of financial principles, basic math skills, and typically a bachelor's degree in finance, business, or a related field. Familiarity with loan origination systems, customer relationship management (CRM) software, and regulatory compliance tools is highly beneficial. Strong communication, attention to detail, and customer service skills help build trust with clients and ensure accuracy in documentation. These skills are crucial for processing loan applications efficiently, ensuring regulatory compliance, and providing a positive customer experience.

What are some common challenges faced by entry level loan officers, and how can they be overcome?

Entry level loan officers often face challenges such as building a client base, understanding complex lending regulations, and handling a high volume of applications. To overcome these, new loan officers benefit from ongoing training, seeking mentorship from experienced colleagues, and proactively networking within their communities. Effective communication and attention to detail are crucial for managing paperwork and ensuring compliance, while staying organized helps manage workloads and meet deadlines. Over time, these strategies help new loan officers gain confidence and advance in their careers.

What is the difference between Entry Level Loan Officer vs Loan Processor?

AspectEntry Level Loan OfficerLoan Processor
Required CredentialsHigh school diploma; some roles prefer or require a bachelor's degreeHigh school diploma; some roles may require certification or training
Work EnvironmentCustomer-facing, sales-oriented, in banks or mortgage companiesAdministrative, detail-oriented, supporting loan approval process
Employer & Industry UsageFinancial institutions, mortgage lenders, banksMortgage companies, banks, lending institutions
Common Search & Comparison IntentUnderstanding entry-level roles in lendingLearning about support roles in loan processing

The main difference is that an Entry Level Loan Officer actively interacts with clients, evaluates loan applications, and promotes loan products, while a Loan Processor primarily handles the administrative tasks of verifying documents and preparing files for approval. Both roles are essential in the lending process but differ in responsibilities and daily tasks.

More about Entry Level Loan Officer jobs
What cities are hiring for Entry Level Loan Officer jobs? Cities with the most Entry Level Loan Officer job openings:
What are the most commonly searched types of Loan Officer jobs? The most popular types of Loan Officer jobs are:
What states have the most Entry Level Loan Officer jobs? States with the most job openings for Entry Level Loan Officer jobs include:
Infographic showing various Entry Level Loan Officer job openings in the United States as of August 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $70,335 per year, or $33.8 per hour.

Entry Level Loan Officer - Sales

loanDepot

Detroit, MI • On-site

$70K - $120K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 25 days ago


loanDepot rating

7.8

Company rating: 7.8 out of 10

Based on 18 frontline employees who took The Breakroom Quiz


Job description

Position Summary:   

Our Direct Sales channel is at the core of who we are at loanDepot—a consumer direct marketing powerhouse focused on providing excellent service to our customers across all 50 states. Our direct lending channel, comprised of both seasoned mortgage veterans & our own home-grown Lending Officers, receive daily warm transfers from our call center agents to recommend loan solutions in accordance with lending guidelines and mortgage policy. Our Lending Officers put their clients’ needs first to pre-qualify and provide a consultative, customer first approach, to determine the loan program that best fits their specific financial goals.  

Responsibilities:   

  • Licensed Lending Officers receive a high-volume lead flow of online customer contacts daily from our call center. 
  • Will present loanDepot’s competitive edge, evaluate customer needs, and sell valuable financial solutions to clients across the country.
  • Builds rapport, analyzes financial situations, and determines the appropriate loan product to meet their client’s goals.
  • Educates clients on how to better manage their mortgage and debt.
  • Assists clients through the loan process from application to closing.
  • Maintains minimum production standards including originations & fundings.

 Requirements:   

  • 2+ years of recent mortgage origination experience in a similar direct lending environment REQUIRED.
  • Must be willing to commute to one of our offices in Irvine CA, Southfield MI, Franklin TN, or Scottsdale AZ. Remote will be considered on a case-by-case basis.
  • NMLS SAFE ACT compliant, holding 5 or more active state licenses REQUIRED.
  • Proven production of top performance in alike model REQUIRED.
  • Flexible and adaptable, learns and reacts quickly at a faster than average pace.
  • Excellent customer service & follow through—were here to take care of our clients.

The Perks:   

  • Compensation--Competitive compensation package which includes base wage in addition to a BPS commission structure with additional kickers.
  • Training/Licensing-- Company provided sales training, in addition to continuing education & licensing support. 
  • Marketing machine—on average, 10+ quality leads transferred to our Lending Officers daily.
  • Competitive pricing--we fight for every deal to support our clients.
  • Quick turn times-- we understand we must close quickly.
  • Benefits-- excellent benefits package including multiple health, dental, and vision options, HSA/FSA plans, volunteer paid hours, tuition reimbursement, pet coverage, company paid life insurance and more!
  • Financial Planning-- 401K with company match.

About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation for Licensed Lending Officers. The base pay for this role is determined by your state's minimum wage and county requirements. In addition to an uncapped commission plan.  Ramp-up bonuses are possible, based on a proven record of recent production.  

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.  

Company Description

loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. As a fast-growing national consumer lender, the loanDepot platform is disrupting finance by dissolving the lines between mortgage and nonmortgage credit.

The company has funded over $100 billion in loans since inception, and is passionate about emerging financial technology and dynamic product delivery supported by excellent customer service to empower consumers.

Headquartered in Southern California, loanDepot employs 5,400+ lending professionals across the country including 1,700+ licensed loan officers who hold 10,000+ licenses. The company operates 180+ local loan locations nationwide. NMLS # 174457


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