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How much does a Mortgage Loan Officer make in Seattle?The average Mortgage Loan Officer salary is $33,684. In Seattle, a Mortgage Loan Officer can make $39,779, which is 18.1% higher than the national median. Filter by location to see Mortgage Loan Officer salaries in your area.
Loan officers can do very well if they follow the sales systems and embrace the culture. As with their competitors in the mortgage industry, salaries are commission-based, with 20% of the sales force generating 80% of the loan volume. An aggressive loan officer who puts forth the required effort and services her customers well can earn income upwards of $350,000 per year.