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.
As of 2012, the median yearly salary for a loan officer is $59,820 per year or the equivalent of $28.76 per hour. According to the Bureau of Labor Statistics, the lowest 10% of wage earners in this field earn a yearly salary that is just under $32,600, but earners in the top 10% earn an average salary of over $119,710.Highest Paying States for Loan Officers | FindTheBest. Wages vary based on employer as well as job performance.Some loan officers are paid a flat salary or an hourly rate, but others earn commission on top of their regular compensation. Commissions are based on the number of loans these professionals originate or on how their loans are repaid.ages vary based on employer as well as job performance. Some loan officers are paid a flat salary or an hourly rate, but others earn commission on top of their regular compensation. Commissions are based on the number of loans these professionals originate or on how their loans are repaid.