If other scientists can make the same observation, we can be more confident that an observation is correct. (If your friend sees little green men in the backyard too, then maybe you haven't lost your mind...). This is why scientific observations must be repeatable.
The amount of money a loan officer makes a year is dependent upon his experience level, his field of expertise and industry and his location. Loan officers earn an average of $63,210 a year in the United States as of May 2009, according to the Bureau of Labor Statistics. Loan officers in the bottom 10 percent earn as little as $31,030 a year, while those in the top 10 percent make as much as $105,330 a year. While some positions require only a high school diploma, others, such as that of a commercial loan officer, require a bachelor's degree, which will usually mean higher wages.
The pay scale for evaluating, originating and approving loans varies broadly. The median salary for a loan officer in 2013 was $61,420, according to the BLS. Top earners made a lucrative $122,770, while those in the bottom 10th percentile earned about $33,220.According to Donnelly, many loan officers receive their pay from commissions, so their earnings could fluctuate from year to year.op earners made a lucrative $122,770, while those in the bottom 10th percentile earned about $33,220. According to Donnelly, many loan officers receive their pay from commissions, so their earnings could fluctuate from year to year.