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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.
They will pay the loan officer a base salary and a small bonus amount based on the loan amount, not the total fees on a file. Or, simply put â if a loan officer helps you with your mortgage and your loan amount is $200,000 and the loan officer is paid â30 bpsâ, the loan officer would make 30 basis points on $200,000 or $600.