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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 Officer. Banks, mortgage companies and credit unions employ loan officers to evaluate and approve loan applications. Most loan officers receive a commission on the loans they approve, which motivates them to approve more loans, but many are paid only a flat salary, or a salary and commission.