Loan Officer Salary in Illinois
Explore loan officer salaries in Illinois including median pay, entry-level and senior compensation, and how it compares to the national average.
Median Salary in IL
$81,239
Monthly: $6,770
Biweekly: $3,125
Entry Level
$47,788
Monthly: $3,982
Biweekly: $1,838
Senior Level
$114,689
Monthly: $9,557
Biweekly: $4,411
Job Growth
16%
Projected 10-year growth
Salary Breakdown
| Pay Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $47,788 | $81,239 | $114,689 |
| Monthly | $3,982 | $6,770 | $9,557 |
| Biweekly | $1,838 | $3,125 | $4,411 |
| Weekly | $919 | $1,562 | $2,206 |
| Hourly | $23 | $39 | $55 |
IL vs National Comparison
National Median
$77,370
IL Median
$81,239
Difference
+$3,869
Multiplier
1.05x
About This Career
Evaluate loan applications and manage lending relationships with clients.
Education
Bachelor's degree in Finance or related field
Key Skills
Loan AnalysisRisk AssessmentCustomer ServiceDocumentation
Compare Jobs
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