A car loan is a way for you to purchase a new or used vehicle. You borrow money from a lender and pay them back over time, usually with interest. The amount you borrow is called the loan principal. Car loans almost always include interest, which is how lenders make a profit on the money they lend you.
A Loan Officer can expect salaries in a range of 48000 to 72000 based on tenure level. Loan Officers earn an average compensation of Sixty Five Thousand Nine Hundred dollars yearly. Loan Officers make the highest salary in New York, where they earn normal pay levels of close to $77310.People in this career group have the best average compensation in Retail Trade, which has pay of $76530.oan Officers make the highest salary in New York, where they earn normal pay levels of close to $77310. People in this career group have the best average compensation in Retail Trade, which has pay of $76530.
Loan Officer Salary How much does a Loan Officer make? Loan Officer salaries, Loan Officer benefits packages, Loan Officer bonuses, Loan Officer job descriptions, Loan Officer statistics and Loan Officer job openings. Please select a specific Loan Officer job from the list below for additional information or search Loan Officer salaries.